Ignore the new Apple toys & Invest in Bitcoin, history always repeat itself.

[CryptopreneurBrainboss]

I don't do this often but if my post can save a soul from making the wrong decision, it would be worth the effort. We're in September which is the period which Apple flood the market with their new toys and people make the mistakes of throwing away money every year on these items. Why would anyone buy something that'll be devalued in about 12 months time because around this time next year Apple will be releasing a new set of devices and an upgrade of what will be released this year. Instead of buying those devices now, you can use that money for something more reasonable by investing that money in Bitcoin. The price of Bitcoin is low currently which is another reason to make use of this opportunity to invest in Bitcoin.

Those that bought bitcoin and ignored the latest iphone during the period those previous model above (in the image) were launched have made a better financial decision and anybody thinking of getting the new iphone when you already have a perfectly working phone should rethink that decision and invest the money in buying Bitcoin. You'll be getting around BTC0.031 +/-  which will be worth more in the future than the amount you'll spend to buy it while that new Iphone will lose value in the next 12 months. if you really what to get something relating to apple then buy their stocks instead of the devices (that's another means of diversifying your portfolio, if you think you already have enough Bitcoin secured for the future).

Just imagine the profits that would have been if those that bought the new iphone during the release date of those model above bought bitcoin instead. Avoid making same mistakes and choose bitcoin.

[1715365617]

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[Hatchy]

You're absolutely right, @brainboss. Many people tend to forget that these assets lose value over time. In some countries, these phones might be considered almost worthless, but in a place like Nigeria, they're seen as quite expensive and not a wise investment. Personally, I dislike seeing people who own such expensive devices yet lack any substantial assets like a job, a house, or investments. They walk around with something that could be the root of their financial troubles. Buying these products not only supports these companies but also means missing out on a valuable lifetime investment opportunity. My current phone works perfectly fine, and I don't see a reason to waste money on such items.

[OgNasty]

One of the last big purchases I made using Bitcoin was an iPad. I think I paid 1.25 BTC for it. Looking back, that wasn’t my best purchase and I don’t even use it anymore. So I can attest that if you have some BTC, it isn’t always the best idea to dump it for a new shiny thing, although I’m about to make the same mistake with a Tesla.

[albert0bsd]

That is a really good graph, most people can't understand some other graphs but i think that it is self explanatory.

Personally i am not fan of the apple products, the last one that i have was an iphone 4 some 13 years Ago, but damn it was a really bad purchase.

one of my favorite charts is the version of the price on a logarithmic chart with the halving delimited



Stack every satoshi that you can.

Regards!

[Cantsay]

To me owing an iPhone is not an issue here, the only issue I see is when someone tries to switch from his current Apple product to the latest one just to experience the new features which is not that different from what I can tell as an iPhone user.

I’m currently using an iPhone, and the fact that a new product is hitting the market very soon does not mean I should hurry up and get a new one, if at all I want to use that specific one I’d wait for the hype to die down after which I’ll purchase mine or just continue with my current phone, I had a reason why I purchased my current iPhone and since it’s still able to do it very fine I’m sticking to it no matter how flashy the latest might be.

[BlackBoss_]

One of the last big purchases I made using Bitcoin was an iPad. I think I paid 1.25 BTC for it. Looking back, that wasn’t my best purchase and I don’t even use it anymore. So I can attest that if you have some BTC, it isn’t always the best idea to dump it for a new shiny thing, although I’m about to make the same mistake with a Tesla.

They (iPad, Tesla) are not assets but liabilities and their values drop with time or even fall to nearly zero when they are outdated or technical broken.

It is painful experience as with 1.25 BTC today, you can buy more than one iPad but your story is not different than laszlo bought 2 pizzas with 10,000 bitcoins.

We can not know price of Bitcoin in future so if we use bitcoin to buy anything, consider we cash it out to fiat currency and spend that fiat amount for purchase. I don't want to reduce painful feeling but it is what I think the best I can do when I do it.

[Bd officer]

You have given the right advice. Investing in Bitcoin is definitely better than buying an iPhone. Suppose someone in 2012 instead of buying an iPhone 4S bought an equivalent amount of Bitcoin, he can now buy thousands of iPhones with 162 BTC. In 2012, the price of an iPhone was 162 BTC, now it costs only 0.031 BTC to buy an iPhone. So those who want to buy an iPhone these days, it would be better if they invest in Bitcoin. Because currently the price of Bitcoin is also low, it is a good time to invest, it is expected that the price of Bitcoin can reach 100k in 2025. Now instead of buying an iPhone, if you buy Bitcoin with the same amount of money, you can earn the profit of buying 4 iPhones in 2025.

[mamesso]

One of the reasons people waste their money to buy an iPhone is because the product looks luxurious and premium, iPhone users just want to look cool which makes their prestige a level higher than Android users, they just want to improve the quality of life because they have an iPhone in their hands. As attached in the picture, The iPhone will continue to be upgraded with the launch of new products which make old products increasingly lose their price.

Behind their confidence in using the iPhone, it turns out there is something more valuable, if they buy Bitcoin and ignore the iPhone, they will get greater benefits. Bitcoin currently trading at a slightly lower price could be a reason for them to change their lifestyle to buy something more valuable than an iPhone. The iPhone will lose value, whereas buying Bitcoin when it is cheap has the potential to add value, a comparison like this should cross their minds.

[wxa7115]

To me owing an iPhone is not an issue here, the only issue I see is when someone tries to switch from his current Apple product to the latest one just to experience the new features which is not that different from what I can tell as an iPhone user.

I’m currently using an iPhone, and the fact that a new product is hitting the market very soon does not mean I should hurry up and get a new one, if at all I want to use that specific one I’d wait for the hype to die down after which I’ll purchase mine or just continue with my current phone, I had a reason why I purchased my current iPhone and since it’s still able to do it very fine I’m sticking to it no matter how flashy the latest might be.

I agree, if someone needs a new smartphone because one of those new features is really needed for their job and they can more easily make money with it, or they lost their smartphone or at least they can justify that purchase then I do not see anything wrong with it.

What is wrong is consumerism for consumerism’s sake, as the money that we earn each month is limited and such a purchase is simply a waste of money, money which could be used more effectively as the OP states by investing in bitcoin or other assets which reevaluate themselves over time.

[Zlantann]

Just imagine the profits that would have been if those that bought the new iphone during the release date of those model above bought bitcoin instead. Avoid making same mistakes and choose bitcoin.

Apple seems to have many loyal customers that will even borrow to get the latest model. I know these products have some unique features like high quality and durability but I don't think people should go the extra mile to own an upgraded version. Sometimes the difference between the new and the old version is just an ignorable feature. Eve Jobs the daughter of the co-founder of Apple once mocked the company for producing an iPhone 14 that is very similar to iPhone 13.

But this is a sad reality in most developing nations where young people who are living in poverty will save funds to spend on luxuries like buying iPhones instead of investing in something profitable. And in most cases, their former iPhones are in good condition but they just want to experience the features of the upgraded version. Some of them use the easy buy option where they have to spread the payment with interest for months because they can't afford to pay cash. In this case, such a person might work for a whole year just to pay for a phone while he has no savings or investment. These phones are nothing liabilities because the price will keep depreciating over one. But putting a few dollars in Bitcoin might look like a waste now but the benefit might turn out massive in a few years.

[mk4]

One of the last big purchases I made using Bitcoin was an iPad. I think I paid 1.25 BTC for it. Looking back, that wasn’t my best purchase and I don’t even use it anymore. So I can attest that if you have some BTC, it isn’t always the best idea to dump it for a new shiny thing, although I’m about to make the same mistake with a Tesla.

Nothing necessarily bad with spending money broskis. It's totally fine if:

- You can use that thing to be more productive for your job/business
- You only spend on things you want from time to time. Buying 'wants' from time to time is good as long as you live below your means

What is life if you cant enjoy your money from time to time?

[retreat]

It's your money if you buy a new iPhone and show it off to other people, but it would be better if your money was used for a more profitable investment, especially if the device you are using is new like the iPhone 13 or 14, trust me, the model is the same and even the performance is not much better. Besides buying a new device, it is much better to be able to invest money in something more profitable, the best of which is Bitcoin. The potential increase in the value of Bitcoin is much greater, especially in 2024 when the halving will occur. Believe me, it is much more worth it to invest in Bitcoin than buying a new iPhone.

[aysg76]

I would say we all have different perspectives and there are some people who want to invest in materialistic things without even realizing they have depreciating value over time but if we calculate the pleasure index value sort of things it's fine but yeah investing that much amount in assets like bitcoin that generate value over time increasing your wealth that should be our priority.If someone would have invested the same amount on bitcoin rather then on iPhones back in the time they would have their own apple store by the time now(just going little above as a example) but still we see how it works.

[adaseb]

It’s crazy how expensive these phones have gotten. I remember the first iPhone I got was the iPhone 3G or 3GS and it was like $399 or something. Now we got iPhones in the 4 digit range it’s crazy.

Even if you want to buy used, the used is still expensive. In Canada the iPhone X was like $1300 CAD new and you can buy it on eBay used but it’s still for $300 CAD. The older iPhone 7 you can get for like $100, which is better. Not worth paying $300 for a used phone with no warranty.

[Don Pedro Dinero]

I like the OP's message, only that there are several nuances. There are people who can buy a new Iphone by paying cash and already have enough bitcoin, so the message does not apply. In the end we all use a mobile phone nowadays, the problem is having a low income always going into debt to buy the latest model to appear a status that you don't have. But it can also be reasonable to buy an iPhone but not the latest one, or a second-hand one, or a refurbished one. There are many options. Instead of spending $1,000 or more on the latest Iphone (15) you can still buy the 13 and refurbished, and for $400 or so you can have it.

But as I said I like the message of not spending so much on junk and better to invest in bitcoin.

[Strongkored]

I only bought an Apple product once a few years ago when Bitcoin entered a bearish period. I don't remember exactly how much Bitcoin I had to convert to fiat to buy the iPad, but of course when I kept it until now the value of Bitcoin is already higher than when I used it to buy that product.
All electronic goods will decrease in value, if they are only used as a lifestyle, of course, it is very detrimental, but if it is to support work or business then it is actually not a problem, but often more people buy products from Apple just for lifestyle because that is what I see from people around me who use it, buy an iPad just to watch YouTube which can use a cheaper product.
Selling our Bitcoin to buy Apple products is fine in my opinion, even though we will feel a loss when in the future the price of Bitcoin is higher than when we used it to buy the product, but providing compensation for ourselves is quite important so that we can be more enthusiastic about to collect Bitcoins for future profits.

[EL MOHA]

So those who want to buy an iPhone these days, it would be better if they invest in Bitcoin. Because currently the price of Bitcoin is also low, it is a good time to invest, it is expected that the price of Bitcoin can reach 100k in 2025. Now instead of buying an iPhone, if you buy Bitcoin with the same amount of money, you can earn the profit of buying 4 iPhones in 2025.

You’re missing the whole point, OP is definitely talking about buying a new brand of iPhone just because it comes out not that he is advising against buying a iPhone in totality. I could decide to buy the iPhone today because it definitely fits my budget and could also have some money to spare purchase bitcoin and that to Me is not bad because we definitely need smartphones and either iPhone or android’s they are expensive ones you just need to settle for the one that fits your budget and not going over the hills because of trend.

Also we can’t be so certain that someone who buys a bitcoin now would be get a profit of like 4x in 2025 even though the possibility of a bull run is certain after halving we can predict any bitcoin price and it is better to just invest what one can lose and if the iPhone money is something you can’t lose then buy the phone to have rest of mind before you invest. Because investing in bitcoin with money one can’t lose causes market panic and forces some to sell early even when bitcoin is down

[Kakmakr]

One of the last big purchases I made using Bitcoin was an iPad. I think I paid 1.25 BTC for it. Looking back, that wasn’t my best purchase and I don’t even use it anymore. So I can attest that if you have some BTC, it isn’t always the best idea to dump it for a new shiny thing, although I’m about to make the same mistake with a Tesla.

The other side of the coin is this......

Imagine something really bad happened and you hoarded all your coins and this event caused the Crypto currency prices to collapse? You will then look back to the things that you could have bought with those coins and you would have had the same regrets.

I sold some of my coins to pay for my debt.... and I never looked back at what those coins are valued today. (may be once or twice  )

The fact of the matter is this.... everyone should sell some coins and enjoy the reward of hoarding it for years... then do something constructive with that. Go on a nice holiday to an exotic location ....because those memories last forever.... or pay your debt and save on all the interest you would have had to pay in the future.

Enjoy your coins.... and always save some coins for the big Moon day!

[davis196]

In my country the people don't buy iPhones(or expensive smartphones in general) by paying the whole price upfront.
They buy iPhones by paying monthly for 24-month periods. Paying a monthly fee won't break your wallet, but at the end of the day, that's just a smartphone.
I agree that we don't need expensive toys like iPhone 15, but that's human nature. Many people just buy expensive items to brag and flex.
Many people want to look rich, while in reality they are just middle class or poor. The marketing experts at iPhone understand this and they are exploiting this part of human nature very well. AFAIK, the new iPhones will be assembled in India(Bharat) by Indians from the working class, but the consumers in the USA and Europe keep thinking that iPhone is this super luxurious, super high quality toy, which helps you show of your "high" social status.

[KiaKia]

It doesn't make  any sense to keep buying expensive iPhone because all the past iPhones are all having the same thing in common there is no new features that is different from the old iPhones it is all about updating their OS to latest version with numbers that is all I will rather prefer to invest my money instead of buying an expensive iPhone because in the end that iPhone won't give me anything in return.

The funny part is as Time Goes On the iPhone will depreciate in value, in my country we prefer Android phones more than iPhone and side by side I believe Android is capable of many things than iPhone I know some iPhone fans might not agree with me about this but it is the truth I Android phones are more useful to me than Iphone.

 There are some set of people that I've been buying iPhone since the beginning and all the way up to iPhone 15 they have never missed one but you can tell that they don't know anything about Investments because the phone they have from them is far more valuable than the way they think because they have nothing to show for it so mean is just a waste of money and lack of knowledge.

[aoluain]

One of the last big purchases I made using Bitcoin was an iPad. I think I paid 1.25 BTC for it. Looking back, that wasn’t my best purchase and I don’t even use it anymore. So I can attest that if you have some BTC, it isn’t always the best idea to dump it for a new shiny thing, although I’m about to make the same mistake with a Tesla.

The other side of the coin is this......

Imagine something really bad happened and you hoarded all your coins and this event caused the Crypto currency prices to collapse? You will then look back to the things that you could have bought with those coins and you would have had the same regrets.

I sold some of my coins to pay for my debt.... and I never looked back at what those coins are valued today. (may be once or twice  )

The fact of the matter is this.... everyone should sell some coins and enjoy the reward of hoarding it for years... then do something constructive with that. Go on a nice holiday to an exotic location ....because those memories last forever.... or pay your debt and save on all the interest you would have had to pay in the future.

Enjoy your coins.... and always save some coins for the big Moon day!

Ah but K its about making choices, your not going to look back and say, "damn I'm
really glad I bought that new iPhone"

Selling Bitcoin to pay off debt is acceptable and in some cases is a good choice.

Great point made by Brainboss though and a great life lesson too generally speaking.

We dont need these new devices, we are led to believe that we do need them and so
many people fall for that.

Its a way better move to refrain from buying and stick with Bitcoin

[DapanasFruit]

I consider myself not in the center of the consumerism wave affecting many people who seem to be attracted with something new and showing to the whole world that they can afford the latest and the best even if it means emptying their pockets and or using credit cards to afford the latest devices and gadgets. I am not into iPhone and my smartphone just cost a little more than $100. Now, as to people who prefer to part with their hard-earned money investing with Apple products no matter how expensive they are, it is time to think thrice into the future. Investing into BTC is always the right choice.

[Spaceman1000$]

I don't do this often but if my post can save a soul from making the wrong decision, it would be worth the effort. We're in September which is the period which Apple flood the market with their new toys and people make the mistakes of throwing away money every year on these items. Why would anyone buy something that'll be devalued in about 12 months time because around this time next year Apple will be releasing a new set of devices and an upgrade of what will be released this year. Instead of buying those devices now, you can use that money for something more reasonable by investing that money in Bitcoin. The price of Bitcoin is low currently which is another reason to make use of this opportunity to invest in Bitcoin.

Those that bought bitcoin and ignored the latest iphone during the period those previous model above (in the image) were launched have made a better financial decision and anybody thinking of getting the new iphone when you already have a perfectly working phone should rethink that decision and invest the money in buying Bitcoin. You'll be getting around BTC0.031 +/-  which will be worth more in the future than the amount you'll spend to buy it while that new Iphone will lose value in the next 12 months. if you really what to get something relating to apple then buy their stocks instead of the devices (that's another means of diversifying your portfolio, if you think you already have enough Bitcoin secured for the future).

Just imagine the profits that would have been if those that bought the new iphone during the release date of those model above bought bitcoin instead. Avoid making same mistakes and choose bitcoin.

I agree with the OP, I've tried the look at the features of the new Apple device and the previous one, I've seen that there is no much difference really.
So if you already have iPhone 14, I don't see the need in getting latest version of 15. Especially when the one you're using hasn't gone bad.
So it's at best you invest that money,, especially on bitcoin because there will be certainly  a return in investment after a while. But for the iPhone,  immediately you get that device, it will start to diminish in value as the months counts.

[bakasabo]

Imo Apple products are no longer the best price/performance gadgets and way to spend even free money. Lately, they barely surprise with something new, during start of sales gadgets price is way to high and gadgets lose price to quick (basically every year with release of new models). But, I think it isnt correct to make such comparisons if we talk about investing. Investing into buying Apple gadget on sales start with aim to resell them isnt profitable anymore, as there is no deficit of them anymore on the start.

[Sim_card]

Showing off with the latest iphone is what so many people are doing, and they forget that the money that they use to buy new iphones every year will give them a good number of satoshis. It is better to invest for the future, rather than buying liability for yourself. If you already have one, you don't need to get a new one the next year because there wouldn't be any big difference in it. Bitcoin will give you profit as the time passes on if you keep on holdi and investing. Imagine that you bought yourself the new iphone and it was a very busy day for you that you mistakenly fell the phone on the ground and the screen went blank or stolen. Iphones are expensive toys that is used to get money out from most people that loves showing off with their money, and also for those who thinks that life is all about competition.

[xSkylarx]

There are people who really like to show off or don't want to be left behind  but I don't say it is wrong. As long as you can afford it then it's good but if you are having a hard time buying it and you need to take out a loan on it then it shouldn't be worth getting. Also it is a liability and not an asset for you unless it is intended for something from which you'll earn a profit. It is better to invest it in something like Bitcoin. If ever I have an extra with that same amount I would prefer to invest it in crypto rather than buying a phone.

I am the kind of person who if my phone is still working and is still good even if the LCD is broken as long as it works I wouldn't buy a phone and if I did it would be cheap. We should be more focused on earning than spending because the price of everything is so high right now due to inflation.

[bayu7adi]

Those that bought bitcoin and ignored the latest iphone during the period those previous model above (in the image) were launched have made a better financial decision and anybody thinking of getting the new iphone when you already have a perfectly working phone should rethink that decision and invest the money in buying Bitcoin.

Presently, Apple stands as the apex of technological elegance, reigning over multiple markets, spanning smartwatches, smartphones, and notebooks. Many individuals gravitate towards Apple's offerings, not merely as gadgets, but as status symbols, seeking the admiration of their peers. Possessing Apple products has evolved into a statement of affluence, as they are undeniably premium, and those who purchase them, whether with great expense or through installment plans, often relinquish prudent financial deliberation.

I once queried a female friend, "Why did you choose to purchase an iPhone? Isn't it rather costly considering your current income?" Her response left me less than satisfied. She simply stated, "I like it," without further explanation. It struck me that she might have been seeking public validation, signaling her capacity to afford an iPhone.

In my immediate circle, approximately 30% of people opt for iPhones, with 65% favoring Android devices, while the remaining 5% appear indifferent to the importance of smartphones.

Apple's products possess an undeniable hypnotic allure, and it is unanimously acknowledged that the company's top executives are exceptionally adept at marketing.

I don't cast aspersions upon those who choose iPhones, but given my current economic circumstances, I prefer to postpone my desire for an iPhone and channel my resources toward long-term investments that may prove more indispensable in the future.

[DanWalker]

Phones are considered an indispensable need in today's life, without a phone or computer we cannot invest in bitcoin. But depending on each person's economic conditions, we have suitable choices for ourselves. I don't see anything wrong if someone is economically well-off and they want to change their phone to serve their needs, but it would be a stupid mistake if we put all our assets into buying an iPhone to follow technology and show off to everyone.

I am also an Iphone user but have no intention of changing because I don't want to waste money while my current Iphone is still working very well. But if it later becomes too old or damaged, buying a new iPhone is not a matter of comparison or debate. Because it is also serving my life and work.

[cafter]

having the latest iPhone or other luxury items can be a status symbol. people may feel pressure to keep up with their peers or to project a certain image. this desire for status can lead some individuals to make purchases they may not be able to comfortably afford. but there are other people who understands, this are the wrong things to waste money on and they save money for emergency or invest it for gains.

yes, not wasting money on useless things and investing it in any asset is profitable.

[Queentoshi]

people make the mistakes of throwing away money every year on these items. Why would anyone buy something that'll be devalued in about 12 months' time because around this time next year Apple will be releasing a new set of devices and an upgrade of what will be released this year.

Peer pressure is the reason why some people go ahead to buy these phones even when they do not need it. Some people are not even comfortable enough financially, but they struggle and make unnecessary sacrifices just so they can buy these phones and be proud that they are among the first set of people to use these phones. There is no prize for it. These kinds of gratifications are what distracts people with little financial discipline into not being able to hold money. Buy what you need, not the things you want. Now is the time to keep bitcoins, not use them unnecessarily.

[Peanutswar]

People in the world of cryptocurrency really understand this and of course, we are already literate about the possible outcome of the bitcoin and profits might give in the future, the reason some people keep buying new things is that they want to keep in a trend even though other people who don't have a budget to become classy they will surely buy an iPhone to make sure they are on the trend like other people. Buying a new phone is not bad if you really need an upgrade but a working phone that still caters to your needs and spending money because of this trend is just a waste decision. If those people become literate with this they don't need to become an impulsive buyer.

[Dunamisx]

Just imagine the profits that would have been if those that bought the new iphone during the release date of those model above bought bitcoin instead. Avoid making same mistakes and choose bitcoin.

Ignorance is what is disturbing some people and they know nothing abd yet aren't willing to learn or move it those that could give them the right and best advice, there have been alot of people who are freaked in buying expensive things yet they don't know that everything has time and season with buying these luxury items to showcase themselves that they have money instead of them investing, they are moving with the wrong people, taking the wrong decision and wasting of time and resources.

[Kamasylvia]

People tend to only care about their own lifestyle i guess , but i didnt get it either. They only saw about those phone models and think that was looked awesome , i just cant fathom about Steve Jobs Charging stupid amount of money for a feature that you could also get on android lol.

Better sacrifice ur kidney for something that worth way ahead of time. Atleast buying cryptos wilk get you more works and income in longterm

[dothebeats]

While of course you are right and I 100% agree with your points, I do kind of understand why there are people who spend hundreds of dollars for new Apple "toys"/devices. There are people who need to have the latest gadgets for their jobs, I'm talking about social media personalities who use technology for content (I mean those YouTube channels that make reviews and reactions about the latest gadgets in town). There is also another set of social media personalities or "influencers" that need to be on top of the trend in order to attract more attention and be "relevant" for their target audience (mostly teenagers who love seeing others buying luxury stuff they themselves cannot afford). As a waste of money and ridiculous as it is in our eyes, it's what they do and it actually works for them in their field.

[Rockstarguy]

You have given the right advice. Investing in Bitcoin is definitely better than buying an iPhone. Suppose someone in 2012 instead of buying an iPhone 4S bought an equivalent amount of Bitcoin, he can now buy thousands of iPhones with 162 BTC. In 2012, the price of an iPhone was 162 BTC, now it costs only 0.031 BTC to buy an iPhone. So those who want to buy an iPhone these days, it would be better if they invest in Bitcoin. Because currently the price of Bitcoin is also low, it is a good time to invest, it is expected that the price of Bitcoin can reach 100k in 2025. Now instead of buying an iPhone, if you buy Bitcoin with the same amount of money, you can earn the profit of buying 4 iPhones in 2025.

Nothing but the best advice, this is something in the next 10-12month the apple company will launch a latest version of iPhone and the previous will lose much value compare to the value of what it has today.  Money is meant to be spent on things we need but their are somethings that is not worth spending money on just like that, expecially things that can lose value so fast. It is better to spend money on things like bitcoin that can add more value than to spend money on things with no value over time.

[NotATether]

So you heard about the new iPhone 15 I presume  

Unpopular opinion here, but if your (i) phone is wearing out and approaching its end-of-life, like say the 5 or 6, then it actually makes sense to buy a new phone as you will have to do that sooner or later anyway.

I'm not sure how much longer my 6S has for running anyway. So might make sense for me to upgrade during the next price supercycle.

Similar logic applies for Android users but for newer Android phones.

I do agree that just upgrading to have the latest and greatest every year is a waste of money though.

[Lorence.xD]

having the latest iPhone or other luxury items can be a status symbol. people may feel pressure to keep up with their peers or to project a certain image. this desire for status can lead some individuals to make purchases they may not be able to comfortably afford. but there are other people who understands, this are the wrong things to waste money on and they save money for emergency or invest it for gains.

yes, not wasting money on useless things and investing it in any asset is profitable.

It's literally a brand to buy just to flex with everyone since we all know that iPhone is pricey even in other countries. Clout chasing and the peer pressure you feel when there's a new release model of iPhone is actually normal but it would really depends on the person on how they could handle it. Cause if you think it's really unnecessary despite the fact you can afford to buy an iPhone since your phone still working, then that's good a practicality and there's some people would still buy one even for a loan and a monthly pay. Just invest tho or save cause when you gain more profits, you could just easily buy one with no hassle of budgeting.

[tjtonmoy]

I am good with my Google Pixel device. I never thought of owning an Apple device. Mine is outdated but if it works then it works. I will keep on using it until it is not usable anymore. I don't know why people are so eager to own an Apple smartphone and why this hype every time they launch a new product. It is good and maybe the best in the market, but when I can achieve the same performance from a cheap alternative, why go for Apple? It never makes sense to me so I don't know what it is.

Thanks for this post tho. We are very close to the next halving and most likely the next bull run. So, many people can invest in Bitcoin rather than buying the new cutting-edge technology device(LOL) from Apple. Think about the future people and enjoy the present too. But do it in such way that you can keep on enjoying it in the future too.

[Cryptomultiplier]

So you heard about the new iPhone 15 I presume  

Unpopular opinion here, but if your (i) phone is wearing out and approaching its end-of-life, like say the 5 or 6, then it actually makes sense to buy a new phone as you will have to do that sooner or later anyway.

I'm not sure how much longer my 6S has for running anyway. So might make sense for me to upgrade during the next price supercycle.

Similar logic applies for Android users but for newer Android phones.

I do agree that just upgrading to have the latest and greatest every year is a waste of money though.

Iphone is doing alot of upgrade these days. I could remember saying to someone earlier this year of how I would join the iphone trend once it gets to 16. It seems sooner than expected I can assure, because the upgrades are pointing toward that.
It sure makes sense to get a new iphone, if it's slightly higher in price than the old one, if it is a tool for making money in the hands of its owner like for trading, photo shoot on the instant, Bitcointalk campaigns, others. It would be a good investment.
 
Also taking advantage of opportunities like freebies and black Friday sales and other contest to win an iphone is worth a shot, rather than first time buying where ones income isn't much to afford data or personal maintenance. HoDLing or DCA investment strategies would do more good in the long run for this instance, by multiplying the returns upon end of selected duration, then one can afford such luxury cheaply.

[Oilacris]

If you do have the money, then buy
If you dont mind about investment, then buy
If you've been born with a rich family, then buy
If you dont mind about bitcoin , then buy

We know that people are really that stubborn when it comes to tech and something which is really that on trend which including this Apple craze whenever there's a new model that would
pop out on which there would be people who would really be dying on owning one no matter what the cost. There are even people who do really end up on getting some  sugar daddies
just to acquire one and dont mind on what would really be that exchange of that.

Just like myself on which my mobile phone is aged 3 years old already and i dont have that kind of mindset that being active on replacing my unit which as long as it works
then there's no way for me to consider on getting a new one or whats the latest. Its true that technology do always improved and enhanced on which unit models
would continue to have newer model as years passing by.

[philipma1957]

buy a samsung a54 and a 512gb sd card.

https://www.amazon.com/SAMSUNG-Factory-Unlocked-Android-Smartphone/dp/B0BSLR2L5R/ref=sr_1_1_sspa?
https://www.amazon.com/dp/B0C1PPWTWT?ref=ppx_yo2ov_dt_b_product_details&th=1

cost is around 375

compare to a iPhone 13

https://www.apple.com/shop/buy-iphone/iphone-13

the 512gb model is 899

take the 899-375 = 524 usd and buy btc

 hodl it till the samsung a54 dies


come back to this thread and thank the op and me.

[The Cryptovator]

I fully agree with the OP and respect your thoughts. But unfortunately, a lot of people are not familiar with Bitcoin, but they have been buying iPhones. On the other hand, those who have been buying iPhones actually have enough money to buy Bitcoin as well. It's not necessary to buy Bitcoin instead of an iPhone. Because poor people would never buy an iPhone anyway, it's not a cheap thing. So they could invest in Bitcoin as well if they intend to do so. I just need to become interested in Bitcoin. You can say it's like an addiction to use an iPhone. Like we are smoking and drinking, we can't say to invest in Bitcoin instead.

[sokani]

Thank you Brainboss, the thing is many at times we spent our money on frivolities not realizing that they are not really worth it. Imagine the money spent on a single phone which could have been a huge financial investment. Some persons even makes it a habit of changing their iphone every year as a new version enters the market, and the funny thing is there's no much difference between the old and new versions. Imagine if this money were to be invested in Bitcoin instead, it would have make a lot of difference. For some of us that are not prudent with our financial dealings, I can only hope that we learn from this and make a wise decision.

[letteredhub]

Just imagine the profits that would have been if those that bought the new iphone during the release date of those model above bought bitcoin instead. Avoid making same mistakes and choose bitcoin.

Humans and luxury as so inseparable of a truth. Only that there are those that don't know when you live a luxurious lifestyle and not to. There's always time to live luxuriously with ostentatious items and services but there's always a time to invest. People that made investment yesterday their profits can't be compared to those that starts today, same way those that will start today to invest in bitcoin (rather than buying luxurious gadgets that will lose value tomorrow) will also have profits that can't be compared to those that will want to wait till tomorrow to invest .

Items like iPhone is never an asset but a liability that you have to maintain while in use but bitcoin doesn't demand any maintainance after purchasing which is why it's wise to buy that which adds to your pocket and not things that takes from you and also loses value with time.

[Odohu]

This is a great demonstration of the beauty of Bitcoin. Imagine how many Bitcoin was worth IPhone in 2011! This is truly humbling.

Just like the OP said, history will always repeate itself; Bitcoin will always grow in value while austentatious commodities will always depreciate in value. I just hope this post can inspire us to put our money "where neither moth nor rust can destroys them"

[Falconer]

Buying high-value items like an Iphone is not a passion for me. Of course I like the iPhone and I could buy one, but I'm unlikely to buy one right now because I'm trying to focus on building an investment portfolio.

I once read that there are times when you should enjoy whatever you have now and not chase too much into something that is uncertain about the future. Apart from that, you can still use part of your income to buy these items, but still maintain the investment amount. So far I've made adjustments about that, meaning I still need to make ends meet while building a portfolio. My conclusion, buy if you need it and invest the rest.

[panganib999]

So in retrospect, the cheapest iPhone is actually the most expensive in bitcoin!

I get people who are really keen about buying these "pseudo-luxury" items. The fact that this elevates their innate status amongst their friends (you can't deny that copping the latest iPhone is one of the biggest conversation starters amongst friends) is one of the biggest reasons why they buy these. Another would be the fact that for the most part, these phones are perfected to a T. They may not have the latest specs or the fastest processors nor the best refresh rates out there, but you can bet your bottom dollar that whatever feature they offer, you can guarantee that they have made it as perfect and tailor-fitted to the user's needs as much as possible. Plus it's just so cool having an iPhone in your pocket. Call me materialistic or something but there's this certain form of ego-boost that one gets when they know they have the latest device, let alone an iPhone.

So you can't really fault your friend for having the latest iPhone just cause she likes it. It could've been that there are a lot more reasons under the surface that she's just not able to convey to you.

[Viscore]

If people are as wise as you OP, then they will not be rushing to invest their money into apple iPhones but will buy as much as bitcoin as they can because that will definitely give them significant profits in time. However, with the desire to ride the trend and the fear of missing out, people will not be blamed if they allocate some funds into their favorite iPhones. But at least they should know that it’s value will never upgrade after a couple of months, but only bitcoin will surely skyrocket its value after months and years from buying.

[lionheart78]

People always wanted to brag and one that allows them is to buy expensive items such as iPhones.  Although I am not a fan of the iPhone many of my friends are and they even ask for a loan to buy it.

It is really crazy if we think of the money spent on these expensive things and put it in Bitcoins instead but then we can't argue with them.  Their money, their rule.  We are not paying for them when they buy expensive items so let them be.  At least we know how to take advantage of the knowledge about Bitcoin's profitability so better do the savings ourselves but I do not think that we are getting the same kind of profitability today as way back in 2011.

[Pokapoka124]

Sadly, many will prefer to buy an iPhone than make an investment. The rationale behind this decision beats me. I have been seeing a lot of excitement on social media about the release of the new iPhone 15 products, the phone has very little improvements from the previous versions but still iPhone customers are eager to get the latest iPhone. Maybe it’s a confidence boost or a need to associate with a luxurious brand that drives people to buy iPhones even when they cannot afford it.

[blockman]

There is nothing wrong if someone financially free will buy an iPhone or any gadget that depreciates. Sometimes we have to spoil ourselves if we truly deserve it and you've worked hard and waited for it for a long time. The problem is, that those people who don't have the capacity and even taking loans to buy these gadgets. This has become a status symbol for every class and Apple has successfully injected that in the minds of every kind of this world. So, if you're not able to and you've just got an exact amount, you can invest it in Bitcoin and wait until the new launches comes so you can buy this current latest cheaper in the future. Yes, the features will be as is and there will be more features but one has to analyze his own financial capacity and I agree to OP that instead of buying it, invest it first and save the best for last because you'll never know how much your current money will be if placed into investment like Bitcoin. You may even be able to buy as many as you can in the future and this is what we call delayed gratification.

[SatoPrincess]

In my opinion, Apple products are overrated and have zero intrinsic value. It’s crazy how these gadgets cost so much and lose value as soon as another new product is released. I would rather buy a vintage watch than buy a series smart watch, the vintage watch is an investment and if I choose to sell in the future, I can easily find a collector who will pay good money for it.

For a person who earns a six figure salary annually, spending $2000 on a mobile phone wouldn’t affect his lifestyle, but it is reckless for someone who earns less and has little or no savings to consider buying the latest iPhone.

[philipma1957]

Apple iPhones are insanely expensive toilet paper.  What I mean by that is you buy it to toss it in  a fairly short time.

You do not buy a new iPhone today to keep it for 6 or more years more likely 3 years is when you get a new one .

[Despairo]

Apple iPhones are insanely expensive toilet paper.  What I mean by that is you buy it to toss it in  a fairly short time.

You do not buy a new iPhone today to keep it for 6 or more years more likely 3 years is when you get a new one .

But if you buy an used iPhone, the price isn't really expensive and the quality is still almost same like the new one.

New iPhone 14 price was $999, while the second hand price is already $700-$750 right now, it's only a year. Usually a cellphone can be used up to 5-6 years, so it's a good trade for me.

iPhone is always better than Android if you're active uploading video and picture in social medias because even though you've use a high end Android, the quality of your picture and video will get compressed.

[Obari]

Let me sound it again
CHOOSE BITCOIN was told, writing in capital and bold letters simply means you're shouting, hence I'm now shouting it that we should buy bitcoin especially  for those who can afford it.
Most persons see using and buying luxury as achievements, maybe I'm the only observing this or is it because I can't afford them?
Well I'm pretty sure that I've got greater responsibilities than owing luxury simply because I want to impress people around me which I will never do.

Now my kinda advice is do whatever pleases you but always remember there is a repercussion to it and if owning the latest luxury is fine to you then go for it else buy bitcoin.

[Alpha Marine]

It amazes me how people who are not financially buoyant struggle so much to be socially acceptable based on the wrong things. If you have the money and have numerous investments, buying the new iPhone 15 isn't an issue, it's your money, but if you're a struggling person, a person where money is still your problem why spend that amount of money on a phone that won't last you more that 24 months. In fact after 12 months that phone becomes an older version. I see no reason for that other than peer pressure.

Some might argue they need it for their work, Well, this might be true but are you saying if a new version of an iPhone isn't available you can't do your work?

So I can attest that if you have some BTC, it isn’t always the best idea to dump it for a new shiny thing, although I’m about to make the same mistake with a Tesla.

I have no single right to tell you how to use your money but I'm going to just say it anyway. There's a saying that before you buy a luxury want, make sure you can afford it at least twice. There's no point saving up to buy something that's not a need you can't afford more than one.

If you can easily afford it without having to work your ass off and depriving yourself of other things because you're saving for it then I feel you buy whatever you want. What's the point of having money if you can't spend it?
I hope this doesn't come out as entitlement or policing or anything of the sort.

[Afnan_faizah]

In my opinion, Iphone is mostly used by businessman or any people who need to increase their prestige value in front of their customers or relations. so if we are not part of those people then it will be better for us to invest in bitcoin rather than buy Iphone that will be worthless for us. smartphone product life cycle is like falling shooting star. the highest price is when it first launched to the market, after the price is not profitable anymore then the company will launch another one.

[NotATether]

Apple iPhones are insanely expensive toilet paper.  What I mean by that is you buy it to toss it in  a fairly short time.

You do not buy a new iPhone today to keep it for 6 or more years more likely 3 years is when you get a new one .

100% correct, most people are just buying phones for 3 years or so, and Apple designs the software so that it's no longer useful after a certain amount of time (apps will no longer work, you can't get new apps, web pages on iOS Safari break eventually etc.)

But if you buy an used iPhone, the price isn't really expensive and the quality is still almost same like the new one.

That's even worse than buying a new iPhone because it's useful life has already been reduced just by waiting all those years between launch and purchase. Actually I would argue that buying older-gen iPhones from an apple store is very bad value because it brings their expiration date forward by 1 or 2 years - assuming you're actually trying to keep it for long term.

[lovesmayfamilis]

I agree with the OP. I don’t think that the functionality of the new iPhone has increased significantly with the new model. Apple loves advertising and will create new products as he runs his business, which makes sense. But what will change in a person who has a new model? To me, these are just games of vanity. Possessing a new gadget and showing your imaginary wealth is not always right. It is much better to have Bitcoins in stock, not to disclose them to everyone, but to be sure that over time your capital will grow, unlike a gadget, the price of which in a year will be much lower.

[Lida93]

Buying an iphone just for texting, taking photos  and calls and not for business purpose is purely a wasteful spending. It's dumb to spend money on a phone that has an expiring value of at most 12months and a new set coming into the market with a difference of one or two added features. Even if I don't want to buy bitcoin I can buy a plot of land with an iPhone 14pro amount and in the next 12 months that land value will surely appreciate.

People that are crazy for iphones are no different from gambling addicts that spends money they could use to invest on promising businesses that will be profitable in the future.

[philipma1957]

Buying an iphone just for texting, taking photos  and calls and not for business purpose is purely a wasteful spending. It's dumb to spend money on a phone that has an expiring value of at most 12months and a new set coming into the market with a difference of one or two added features. Even if I don't want to buy bitcoin I can buy a plot of land with an iPhone 14pro amount and in the next 12 months that land value will surely appreciate.

People that are crazy for iphones are no different from gambling addicts that spends money they could use to invest on promising businesses that will be profitable in the future.

Only a handful of people need the new hi-end model every year.

That would be famous people that are getting a perk for showing off the phone so that morons that do not need it keep buying one.

Also a handful of business types need to 'look' impressive.

The reality is you can't replace the battery it will not last a long time and when reception is poor they don't work.

If I am using a phone and the reception is poor it is annoying but I spent say 300 on a samsung a53 and the moron next to me spent 1000 plus on his new iPhone.  we both don't have service but I have 700 worth of btc sitting in a wallet.

[cafter]

snip

And if you don't get satisfied with it, just do this:
1. Install an iOS-style launcher.
2. Download a skin, theme, or icon pack.
3. Get some iOS-style apps.
4. Apply a new lock screen.
5. Update your Quick Settings with a Control Center app.
6. Try an iOS emulator.
Steps

[Mr.right85]

Those that bought bitcoin and ignored the latest iphone during the period those previous model above (in the image) were launched have made a better financial decision and anybody thinking of getting the new iphone when you already have a perfectly working phone should rethink that decision and invest the money in buying Bitcoin. You'll be getting around BTC0.031 +/-  which will be worth more in the future than the amount you'll spend to buy it while that new Iphone will lose value in the next 12 months. if you really what to get something relating to apple then buy their stocks instead of the devices (that's another means of diversifying your portfolio, if you think you already have enough Bitcoin secured for the future).

It’s a question of asset and liability.
While bitcoin might not be solely an asset with it serving as a currency and depending on your financial status or a prevailing circumstance which might require one having to sell all or a portion of there portfolio to satisfy wants or need, it still speaks volumes to invest in bitcoin compared to having a large part of your income sinked in an asset that have its value dropped in less than 12months.
Don’t forget, this is the Apple business and it’s something that have grown to be very vital in them winning in there lane, people buying brands because of unnoticeable upgrades. It’s always not worth it most times.

Meanwhile, this is just an item out of the many least of commodities people spend there money on. It becomes a matter of proper planning and importance to value what you buy and why you must have it and even quantify its validity in years and not make a good decision that you would regret within months.

[Distinctin]

Well said dude. Buying an iPhone is not really a necessity. You only want to have one just because you want to ride the trend and that’s it. It won’t make you profitable in the end. However, if you chose to invest in bitcoin instead, even at a particularly small amount, you might turn it into big profits if you sell your bitcoin at a very expensive price. It takes time but it’s definitely worth the wait. Than to spend your money on iPhone which is very unreasonable if you don’t have a well compensated job and then after a couple of months, your iPhone may depreciate its value and all your money just go into waste.

[BITCOIN4X]

Well said dude. Buying an iPhone is not really a necessity. You only want to have one just because you want to ride the trend and that’s it. It won’t make you profitable in the end.

It really depends on your financial condition. If you have good finances while an iPhone is a necessity that supports you, then you also need to buy it. Lastly, we cannot generalize that everyone is the same, even someone who buys an iPhone instead of investing in bitcoin also has the opportunity to make bigger profits because the iPhone is something that can support his business.

However, if you chose to invest in bitcoin instead, even at a particularly small amount, you might turn it into big profits if you sell your bitcoin at a very expensive price. It takes time but it’s definitely worth the wait. Than to spend your money on iPhone which is very unreasonable if you don’t have a well compensated job and then after a couple of months, your iPhone may depreciate its value and all your money just go into waste.

For most people, the iPhone may be considered a necessity, but for others, the iPhone is just a lifestyle. I agree that investing is recommended rather than wasting money, but when you need it to support your business, you can't keep forcing yourself to invest.

My only principle is, buy it if you need it rather than as a lifestyle. I'm more likely to buy an iPhone that costs $1500 if it can support my business that generates $2000 or more a month. So the conclusion is that it depends on each individual.

[Finestream]

Sometimes, it’s really easy to say about avoiding iPhone and stick your money into bitcoin especially if you are on a low budget. But if you are seeing it from the eye of a person who gets easily envy and has luxury desires, then it’s hard to stop them from not buying iPhone because they think that will determine their social status in life. However, if you are a wise and brilliant investor, you will not spend an amount equivalent to an iPhone price. The only reason you will buy it is when you are already in huge profits and you want to reward yourself something that is very usable for you.

[Woodie]

Quite provocative but the best sober advice you can get for free!!
Besides I think these phones in terms of technology have hit their peak and have nothing left to upgrade but because we get trapped into having to upgrade every year for no real upgrades..I honestly think it's a ripoff and good thing we have such threads to act as an eye opener...Unless you still using an iPhone with the home button then you are due for an upgrade my friend, otherwise save that money and buy bitcoin or Invest the DCA way  

[pawanjain]

I didn't even bother to check the price of the new iphone 15 because I am not gonna buy it anyway.
But I know many will and let them buy. Meanwhile we can try to accumulate more BTC while we can.
Yes, I am being more selfish here and I want to because bitcoin is precious and I want to grab it as much as I can.

[Franctoshi]

One of the last big purchases I made using Bitcoin was an iPad. I think I paid 1.25 BTC for it. Looking back, that wasn’t my best purchase and I don’t even use it anymore. So I can attest that if you have some BTC, it isn’t always the best idea to dump it for a new shiny thing, although I’m about to make the same mistake with a Tesla.

Nothing necessarily bad with spending money broskis. It's totally fine if:

- You can use that thing to be more productive for your job/business
- You only spend on things you want from time to time. Buying 'wants' from time to time is good as long as you live below your means

What is life if you can't enjoy your money from time to time?

Basically should be for someone who thinks her or she can always afford to spend such an amount of money each year buying the latest iPhone as a luxury then fine, but in a situation like I have seen here in my country where people are desperate to buy and own the latest iPhone but barely can afford to pay house rent and some can't even feed well, is not encouraging to do such when you already got an iPhone working perfectly.

But from my perspective, what I do think one should do in this case is to give a space of time, maybe 1 year or two if necessary before getting the latest iPhone, and If the money was used to invest in Bitcoin, in a good scenario might even have realized some profit with the fund.

[usekevin]

It’s true after the second quarter of the year,people will have their 6-8 months of saving.So they will try to inverse their money in the electronic gadget mostly,from the analysis the iPhone may have try this way of selling.Now the market is good,So if you want to buy the good coin it will be the better time.But if you want to buy at cheap,it’s essential one to hold and wait for the new dump.Their will dump in market even after the bull run,So it’s essential one to hold and buy at the dump.It is far better to inverse in bitcoin as compared to the iPhone investment.

[philipma1957]

I own a half dozen Mac minis > I used to mod the older stye ones until apple locked them down and I got into bitcoin instead.

I never owned and most likely never will buy an iPhone.

I use mid grade Samsung phones they are essentially all I will ever need in a smart phone.

If I were to waste money on an expensive piece of gear from apple it would be a Mac Studio which I will most likely never need..

Cell phone have shown their hand with battery lockdown ill replaceable batteries mean it is disposable gear.

I really wish people would boycott iPhones and buy Samsungs for 1/3 the cost.

[abel1337]

I own a half dozen Mac minis > I used to mod the older stye ones until apple locked them down and I got into bitcoin instead.

I never owned and most likely never will buy an iPhone.

I use mid grade Samsung phones they are essentially all I will ever need in a smart phone.

If I were to waste money on an expensive piece of gear from apple it would be a Mac Studio which I will most likely never need..

Cell phone have shown their hand with battery lockdown ill replaceable batteries mean it is disposable gear.

I really wish people would boycott iPhones and buy Samsungs for 1/3 the cost.

I guess it depends on the user. I owned an iPhone and currently using other apple products. I'm currently using a 3 year old iPhone which run fine and other apple gadgets that I "help" me to do my daily work load.

I'm a past android user, but after using iPhone, I adapted the ecosystem of Apple. I can't feel the satisfaction of using an android phone as my main device but yeah, Apple products are overpriced. In my own perspective, it is disposable just like other phones in the market that downgrade after couple of years given that all of it has a chipset that can't be replaced. I bought my first brand new iPhone way back in 2017 and now it's barely functioning, the thing is I sold my bitcoin to buy that and seeing how the current bitcoin price is, there's some kind of regret on selling my bitcoin for an iPhone.

I would never sell my bitcoin again for the sake of buying a latest generation iPhone.

[carlfebz2]

snip

And if you don't get satisfied with it, just do this:
1. Install an iOS-style launcher.
2. Download a skin, theme, or icon pack.
3. Get some iOS-style apps.
4. Apply a new lock screen.
5. Update your Quick Settings with a Control Center app.
6. Try an iOS emulator.
Steps

But using up those skins or launcher could a bit laggy (basing up on experience) dont know though if the current ones do give out that seamless experience specially on hovering animations
because wayback i did really have this kind of download and trying out to mimic that iphone skin because i cant just afford one but honestly it doesnt really make that difference. Your mind telling you that you are just using a fake one literally and cant really replace the original but well yes but its not really that a bad idea. 

Human beings doesnt really have that kind of contentment in life on which on the time that they would really be seeing on whats new or whats the current trend then we do really hate up ourselves not to be able to get in line with those stuffs and as long you do have the money or budget then you would really be dying on getting one and dont make yourself get behind with the trend. Some people do have this kind of mindset and there are those people who do mind much more about investment or long term runs and this is where Bitcoin could possibly get or kick in, if you dont mind such stuff because you do have your parents
or have that other sources then it would be your choice.

[CryptopreneurBrainboss]

I fully agree with the OP and respect your thoughts. But unfortunately, a lot of people are not familiar with Bitcoin, but they have been buying iPhones. On the other hand, those who have been buying iPhones actually have enough money to buy Bitcoin as well

This advice wasn't meant for those who aren't interested or familiar with Bitcoin, it was posted on the forum and on the Bitcoin discussion section because this is the section where many people that are interested in Bitcoin usually visit so obviously everybody that'll be reading this post is aware of Bitcoin. Not everyone buying an iphone has enough money to afford that iphone and bitcoin. People make choices between looking rich or actually investing in a business or opportunity that'll maket them rich in the future. I'm here to remind them that they should go with the choice of choosing investment instead of appearing rich (or comfortable due to the phone they're using).

having the latest iPhone or other luxury items can be a status symbol. people may feel pressure to keep up with their peers or to project a certain image. this desire for status can lead some individuals to make purchases they may not be able to comfortably afford. but there are other people who understands, this are the wrong things to waste money on and they save money for emergency or invest it for gains.

That's the mistake many people are making, the goals shoudn't be about appearing rich but to be rich to the level that you wouldn't care about proving to others that you're wealthy. Only those with poor mentality surround themselves with gadgets and things that'll make them look rich when they're not. Having the latest iphone shouldn't be the flex for you but how many bitcoin do you own and holding in your wallet. If you're in a cycle that all they brag about is having the latest gadgets then you're in the wrong group. Iphone bought with such high amount that isn't been used for a business or generating money for you is a liability but Bitcoin is an assets and it's going to give you more profits then you bought them in the future.

[philipma1957]

I own a half dozen Mac minis > I used to mod the older stye ones until apple locked them down and I got into bitcoin instead.

I never owned and most likely never will buy an iPhone.

I use mid grade Samsung phones they are essentially all I will ever need in a smart phone.

If I were to waste money on an expensive piece of gear from apple it would be a Mac Studio which I will most likely never need..

Cell phone have shown their hand with battery lockdown ill replaceable batteries mean it is disposable gear.

I really wish people would boycott iPhones and buy Samsungs for 1/3 the cost.

I guess it depends on the user. I owned an iPhone and currently using other apple products. I'm currently using a 3 year old iPhone which run fine and other apple gadgets that I "help" me to do my daily work load.

I'm a past android user, but after using iPhone, I adapted the ecosystem of Apple. I can't feel the satisfaction of using an android phone as my main device but yeah, Apple products are overpriced. In my own perspective, it is disposable just like other phones in the market that downgrade after couple of years given that all of it has a chipset that can't be replaced. I bought my first brand new iPhone way back in 2017 and now it's barely functioning, the thing is I sold my bitcoin to buy that and seeing how the current bitcoin price is, there's some kind of regret on selling my bitcoin for an iPhone.

I would never sell my bitcoin again for the sake of buying a latest generation iPhone.

When then maybe they taught you a lesson and did you a favor. I went cheap with cell phones because I need 3 different ones to use three different accounts for mining accounts. Buying 3 iPhones was out of the question.

[Japinat]

Buying an iphone just for texting, taking photos  and calls and not for business purpose is purely a wasteful spending. It's dumb to spend money on a phone that has an expiring value of at most 12months and a new set coming into the market with a difference of one or two added features. Even if I don't want to buy bitcoin I can buy a plot of land with an iPhone 14pro amount and in the next 12 months that land value will surely appreciate.

People that are crazy for iphones are no different from gambling addicts that spends money they could use to invest on promising businesses that will be profitable in the future.

Only a handful of people need the new hi-end model every year.

That would be famous people that are getting a perk for showing off the phone so that morons that do not need it keep buying one.

Also a handful of business types need to 'look' impressive.

The reality is you can't replace the battery it will not last a long time and when reception is poor they don't work.

If I am using a phone and the reception is poor it is annoying but I spent say 300 on a samsung a53 and the moron next to me spent 1000 plus on his new iPhone.  we both don't have service but I have 700 worth of btc sitting in a wallet.

Both are annoyed but you still gained an advantage because you have bitcoin investment waiting ahead and if it’s gonna give you decent amount of profits in the future, then buying iPhone will be so much easier. The fact that you prioritize bitcoin over an iPhone makes you an incredibly good decision maker. Bitcoin can be very lasting and will continue to give you money and profits, but iPhone will soon to devalue a year after so it’s like you holding a useless investment.

[Russlenat]

However, the problem with some people is they are easily lured by advertisements especially when it comes with a high end iPhone model. For them once you have it, it’s like you are living your dream iPhone. That’s why a lot are actually dreaming to own the latest model of iPhone. But that is only if you are looking in life’s luxury. You fail to realize that in order to obtain and sustain luxury in life, you need to work on it and bitcoin investment would be a perfect choice especially that the longer you invest and hold it, the bigger the profits will be once you decide to sell  it at a very high price. Unlike iPhone once you decide to sell it after months of buying, it’s value will drop too low and that’s when you realize that buying it is never an asset but just a liability.

[serjent05]

However, the problem with some people is they are easily lured by advertisements especially when it comes with a high end iPhone model. For them once you have it, it’s like you are living your dream iPhone. That’s why a lot are actually dreaming to own the latest model of iPhone. But that is only if you are looking in life’s luxury. You fail to realize that in order to obtain and sustain luxury in life, you need to work on it and bitcoin investment would be a perfect choice especially that the longer you invest and hold it, the bigger the profits will be once you decide to sell  it at a very high price. Unlike iPhone once you decide to sell it after months of buying, it’s value will drop too low and that’s when you realize that buying it is never an asset but just a liability.

At the same time, I believe these people who are easily lured by advertisement does not realize that if they put it into Bitcoin. they can even buy two or more of the more advanced units while still having profit if he use the amount for Bitcoin investment.

People are really too rash when it comes to the latest trend.  All they have in mind is bragging and showing off which is understandable because it really feels great to be the center of attention though I believe it is not practical in terms of financial management.  Investing in Bitcoin which has the tendency to uptrend multiple times is way more worth bragging than the ne iPhones we had.

[Ale88]

Why would anyone buy something that'll be devalued in about 12 months time because around this time next year Apple will be releasing a new set of devices and an upgrade of what will be released this year. Instead of buying those devices now, you can use that money for something more reasonable by investing that money in Bitcoin.

I was discussing about this in another thread: I love Apple because I barely had any problem with their products, and the best thing is that they last for a very, very long time. The problem is when someone decides to buy the newer version every year or every 2 years, in that case I agree that you're wasting money because a 2 year old iPhone still works perfectly. I'm probably changing mine this year after 7 years, I'm not sure there is another smartphone on the market that could last for 7 years, that means I pretty much spent $100/year for my smartphone, that's ridiculously low.

[Lida93]

Buying an iphone just for texting, taking photos  and calls and not for business purpose is purely a wasteful spending. It's dumb to spend money on a phone that has an expiring value of at most 12months and a new set coming into the market with a difference of one or two added features. Even if I don't want to buy bitcoin I can buy a plot of land with an iPhone 14pro amount and in the next 12 months that land value will surely appreciate.

People that are crazy for iphones are no different from gambling addicts that spends money they could use to invest on promising businesses that will be profitable in the future.

If I am using a phone and the reception is poor it is annoying but I spent say 300 on a samsung a53 and the moron next to me spent 1000 plus on his new iPhone.  we both don't have service but I have 700 worth of btc sitting in a wallet.

Lol. Quite indeed a moron. The dazzling thing about iPhones is that it's those that don't have enough money to fend for themselves are the people in the competition of changing iPhones soon afterwards a new model is released.

They even go through the trouble of making savings in anticipation for new release.

Maybe next time you shouldn't mention how much of a BTC you own in your wallet not to attract attention. Just my two cents

[philipma1957]

Buying an iphone just for texting, taking photos  and calls and not for business purpose is purely a wasteful spending. It's dumb to spend money on a phone that has an expiring value of at most 12months and a new set coming into the market with a difference of one or two added features. Even if I don't want to buy bitcoin I can buy a plot of land with an iPhone 14pro amount and in the next 12 months that land value will surely appreciate.

People that are crazy for iphones are no different from gambling addicts that spends money they could use to invest on promising businesses that will be profitable in the future.

If I am using a phone and the reception is poor it is annoying but I spent say 300 on a samsung a53 and the moron next to me spent 1000 plus on his new iPhone.  we both don't have service but I have 700 worth of btc sitting in a wallet.

Lol. Quite indeed a moron. The dazzling thing about iPhones is that it's those that don't have enough money to fend for themselves are the people in the competition of changing iPhones soon afterwards a new model is released.

They even go through the trouble of making savings in anticipation for new release.

Maybe next time you shouldn't mention how much of a BTC you own in your wallet not to attract attention. Just my two cents

If i had 700 coins of btc yeah I should keep quiet.

living in the states 700 usd is not much money.

[FinneysTrueVision]

I don't do this often but if my post can save a soul from making the wrong decision, it would be worth the effort. We're in September which is the period which Apple flood the market with their new toys and people make the mistakes of throwing away money every year on these items. Why would anyone buy something that'll be devalued in about 12 months time because around this time next year Apple will be releasing a new set of devices and an upgrade of what will be released this year. Instead of buying those devices now, you can use that money for something more reasonable by investing that money in Bitcoin. The price of Bitcoin is low currently which is another reason to make use of this opportunity to invest in Bitcoin.

It's not necessarily an either-or situation. You can buy a new Apple device and continue to stack sats. I have purchased several Apple devices with Bitcoin that I've earned through the years and don't have any regrets. An iPhone you purchased one year ago might not have the same value but in those past 12 months you've gotten a lot of use from it. These days it is quite easy to upgrade to the latest model without paying the full price upfront. Even if you don't upgrade you will still get software updates for many years to come. My 3 year old Mac and 2 year old iPad aren't the latest and greatest but they have excellent build quality and their performance has not degraded in any noticeable way. If the price potentially going up factored into every purchasing decision then I would never spend BTC and just hoard it forever but that has not really been my mentality. I will spend BTC whenever I can exchange it for something that can provide me significant value in that moment.

[passwordnow]

Maybe I'll buy the next release of Apple for iPhone and MAC whenever Bitcoin hits more than $100k. In that sense, I think that I'll be able to afford it. But for now, I'll choose what's best and that's to hold and invest in Bitcoin. So, it's not just for those who don't have Bitcoin yet but also a reminder for the holders out there. But no one stops you if you want to spend those mBTCs that you've collected over time for you to get spent it to an apple or anything fancy that you don't really need. Gotta stick to my old android for now. 

[Lida93]

Buying an iphone just for texting, taking photos  and calls and not for business purpose is purely a wasteful spending. It's dumb to spend money on a phone that has an expiring value of at most 12months and a new set coming into the market with a difference of one or two added features. Even if I don't want to buy bitcoin I can buy a plot of land with an iPhone 14pro amount and in the next 12 months that land value will surely appreciate.

People that are crazy for iphones are no different from gambling addicts that spends money they could use to invest on promising businesses that will be profitable in the future.

If I am using a phone and the reception is poor it is annoying but I spent say 300 on a samsung a53 and the moron next to me spent 1000 plus on his new iPhone.  we both don't have service but I have 700 worth of btc sitting in a wallet.

Lol. Quite indeed a moron. The dazzling thing about iPhones is that it's those that don't have enough money to fend for themselves are the people in the competition of changing iPhones soon afterwards a new model is released.

They even go through the trouble of making savings in anticipation for new release.

Maybe next time you shouldn't mention how much of a BTC you own in your wallet not to attract attention. Just my two cents

If i had 700 coins of btc yeah I should keep quiet.

living in the states 700 usd is not much money.

Yeah am not unaware it's ain't much, and turning to those using Euro and pounds it's even much lesser.

Am afraid that is much for those of other countries whose local currency is weigh lower in value to the US dollar. You'll be amazed to know that that $700 is 6 figures in hundreds somewhere else.

The whole idea is, what's not much for you could be much for someone else somewhere.

[icalical]

I am not going to judge anyone who is buying the newest iPhone, I have some friend who creates daily content either for their own social media or youtube channel, or for some brands, and they earn money from that, so some people actually buying iPhone for work and they can earn money from that meaning it's not a waste of money. All that being said, I also know some people who buy the newest iPhone every year just to impress others.

All I am saying is that everyone have their own preference in investment, for some people iPhone is also a kind of investment.

[albert0bsd]

Obviously we can decide when, how to waste our money and actually that is good because we can choose what things to buy without all those small things our life may not have any sense right?

As a lot of people mention here their preferences between what phone to buy or how much to save or invest, that is the decision of each one of us, maybe with a little more time most of us may decide to invest in bitcoin before regretting it.

I personally regret not investing in bitcoin in 2011, and maybe some of the users here will regret that in 10 years from now.

IMO if you can't buy two iphones now in cash (not credit) is better not to buy one.

Stack every satoshi that you can guys!

[buwaytress]

Yeah, I have a conservative mindset, and am staunchly in the "stay off the Starbucks + avocado toasts for a few years and you'll afford a house downpayment" camp but I don't judge (even though my kids obviously judge me haha. I'm in Bitcoin, they're still not (they have a stash I set aside for them), and will continue to have pricier, flashier phones and devices.

But the point I'd make will never be that Bitcoin is better. If Bitcoin can solve a money problem for people, without the need for investment, that's a bigger win in my eyes.

[AicecreaME]

I agree.

But I believe there's nothing wrong with buying the things you want. Buying apple products doesn't mean that they don't have any investment at all. Not all people knows Bitcoin, and what's it's worth, how much profit they could make in the long run, etc. But for every Bitcoin enthusiast, buying such very expensive phone is not really worth it, especially with the battery lifespan of apple product ain't that good since day 1.

[CryptopreneurBrainboss]

It's not necessarily an either-or situation. You can buy a new Apple device and continue to stack sats. I have purchased several Apple devices with Bitcoin that I've earned through the years and don't have any regrets. An iPhone you purchased one year ago might not have the same value but in those past 12 months you've gotten a lot of use from it.

Are you trying to say you can't get same use from a cheaper phone, Iphone aren't the best phone on the market, they just have a lot of marketing and celebrities using the phone which makes others (in attempt to feel among, breaks their bank to buy one). philipma1957 talked about buying a Samsung phone that's very much cheaper and can save you money that can be used to invest in Bitcoin. I even said if you're that in love with apple then buy their shares on the market instead of wasting it on a gadget that can be stolen or get spoiled. Have you seen the rate at which this gadget get bought bit yet people are complaining that they don't have money but can afford this gadgets just to feel among. They're getting the wrong idea of things to prioritize which is bad because tomorrow they'll regret this decision.

In my country the people don't buy iPhones(or expensive smartphones in general) by paying the whole price upfront.
They buy iPhones by paying monthly for 24-month periods. Paying a monthly fee won't break your wallet, but at the end of the day, that's just a smartphone.

I'm of the opinion that if you can't afford it don't buy it, why will I spend 12 months working to pay of a liability that I could have avoided in the first place. Imstead of working for 12 monyhbto lay off an iphone why don't they use that money and DCA into Bitcoin for that 12 months. Doing this will be more productivity then paying off an iphone. What makes the iphone that import to own, if you want to own kt because it gives you respect or make you look rich then why don't strive to be rich instead if pretendinuto be rich when you're not. I just don't see any reason to justify the purchase of an iphone except for those that uses it as an asset that generate income for them like social media influencers.

[Mr.right85]

It's not necessarily an either-or situation. You can buy a new Apple device and continue to stack sats. I have purchased several Apple devices with Bitcoin that I've earned through the years and don't have any regrets. An iPhone you purchased one year ago might not have the same value but in those past 12 months you've gotten a lot of use from it.

Are you trying to say you can't get same use from a cheaper phone, Iphone aren't the best phone on the market, they just have a lot of marketing and celebrities using the phone which makes others (in attempt to feel among, breaks their bank to buy one). philipma1957 talked about buying a Samsung phone that's very much cheaper and can save you money that can be used to invest in Bitcoin. I even said if you're that in love with apple then buy their shares on the market instead of wasting it on a gadget that can be stolen or get spoiled.

Choices and choices. It might be a worst choice or a best choice.
Having to buy because you need and see what values it could bring to you isn’t exactly a bad thing. There might be cheap alternatives for sure but, all devices aren’t programmed the same way or offer the same quality.

I think where the problem is would be getting into a competition between yourself and what’s the latest on the Apple Store. That would be a worst thing anyone would do to himself or herself because, you just end up loosing money every time to brands and business strategy. It doesn’t matter just how much your making but, just realize your sending a good load of it right back while getting less in return for the value your paying.

Apple might be overpriced but, they don’t have to stop sales nor production.
Don’t be in a competition, get a device that works and so long as it works be good with it and keep up with your investments as well.

[Sexylizzy2813]

Having the latest iphone is just not an issue but what's the point in having a device that you get to experience something new and after that you get bored of it when you see a new one because after getting to know and making use of the new stuff in it you just go back to square 1...waiting like a kid who's expecting an ice in the park.
The thing is, you bought the latest and after a month you get tired and expect another. Is like moving in circles, the life of an iphone is like a seasonal movie. No way forward, what's the point in getting it in the first place?

[Blitzboy]

It's not necessarily an either-or situation. You can buy a new Apple device and continue to stack sats. I have purchased several Apple devices with Bitcoin that I've earned through the years and don't have any regrets. An iPhone you purchased one year ago might not have the same value but in those past 12 months you've gotten a lot of use from it.

Are you trying to say you can't get same use from a cheaper phone, Iphone aren't the best phone on the market, they just have a lot of marketing and celebrities using the phone which makes others (in attempt to feel among, breaks their bank to buy one). philipma1957 talked about buying a Samsung phone that's very much cheaper and can save you money that can be used to invest in Bitcoin. I even said if you're that in love with apple then buy their shares on the market instead of wasting it on a gadget that can be stolen or get spoiled.

Choices and choices. It might be a worst choice or a best choice.
Having to buy because you need and see what values it could bring to you isn’t exactly a bad thing. There might be cheap alternatives for sure but, all devices aren’t programmed the same way or offer the same quality.

I think where the problem is would be getting into a competition between yourself and what’s the latest on the Apple Store. That would be a worst thing anyone would do to himself or herself because, you just end up loosing money every time to brands and business strategy. It doesn’t matter just how much your making but, just realize your sending a good load of it right back while getting less in return for the value your paying.

Apple might be overpriced but, they don’t have to stop sales nor production.
Don’t be in a competition, get a device that works and so long as it works be good with it and keep up with your investments as well.

Choices, indeed. I see you understand the conflict between wants and needs. Why would somebody turn a blind corner and hit the "latest and greatest"? Apple's products are amazing, but they're not giving free golden eggs. I understand your point; you're buying piece of mind, not just a product. Like picking up a hammer that wont break mid-swing. A hammer with an Apple logo is cool too. But if you're going to invest in something expensive, you better make sure you can balance it with smart financial judgments elsewhere, like Bitcoin?

Your money, your life. Spend wisely on both. Dont pursue the new high; sometimes what you have is what you need.

[cryptomaniac_xxx]

I am not going to judge anyone who is buying the newest iPhone, I have some friend who creates daily content either for their own social media or youtube channel, or for some brands, and they earn money from that, so some people actually buying iPhone for work and they can earn money from that meaning it's not a waste of money. All that being said, I also know some people who buy the newest iPhone every year just to impress others.

All I am saying is that everyone have their own preference in investment, for some people iPhone is also a kind of investment.

It's really hard to really judge anyone, I mean if they can afford it and they know that it's a better investments for them then why not? Just like myself, I bought a MacBook which I have been contemplating for years, and I got them early 2018 and up to know I'm still using it, so money well spend, issues I have is battery but I have to replace it from time to time and it is still functioning well as design or to cater to my needs. And just like what you describe, maybe those who are in that industry needs high end phone or brands for recording and creating content and in turn will make them good returns then we can't questions them as well.

[n0ne]

Owning an iPhone doesn't mean to be an investment accounting to me. This had turned to be status symbol, even the person who doesn't have proper shelter holds an iPhone. This is the reality happening around the world, mainly in the third world countries. The market movement is directly connected with the economy too. An investment should appreciate in value whereas an iPhone keeps depreciating.

[CryptopreneurBrainboss]

Owning an iPhone doesn't mean to be an investment accounting to me. This had turned to be status symbol, even the person who doesn't have proper shelter holds an iPhone. This is the reality happening around the world, mainly in the third world countries. The market movement is directly connected with the economy too. An investment should appreciate in value whereas an iPhone keeps depreciating.

And that's why this thread was created, I have already started seeing the buzz on twitter about the new Apple and some persons will start saving to buy it, some go as far as borrowing to buy it. I understand it isn't our business how people want to send their money but when we see something that they aren't doing right, we owe it to them to try our best for them to see reasons why they're making the wrong decision. We don't have to force our thoughts on them but just advice and leave them to make the decision. A new and better version or the iphone will always come out so if you miss the latest right now, it doesn't mean you won't be among those that'll buy the latest version in the future but by then you can really afford it because of the decision you'll take now to buy Bitcoin instead of buying the latest iphone.

But if you're going to invest in something expensive, you better make sure you can balance it with smart financial judgments elsewhere, like Bitcoin?

If you can't afford it twice don't buy it or you can also use the strategy of buying an asset that pays for your liability. When you want something that isn't going to fetch you money then you can buy an assets that'll be generating income to pay for that liability. For example, If you buy Bitcoin with that money you kept for the latest iphone, in just few months from now the Bitcoin you bought will ba capable of paying for the iphone. The bull market is just around the corner and it won't be long before we see Bitcoin breaking new ATH. Iphone isn't a need to the majority, they're just wants and putting your wants over your need isn't a wise decision.

[NotATether]

Owning an iPhone doesn't mean to be an investment accounting to me. This had turned to be status symbol, even the person who doesn't have proper shelter holds an iPhone. This is the reality happening around the world, mainly in the third world countries. The market movement is directly connected with the economy too. An investment should appreciate in value whereas an iPhone keeps depreciating.

And that's why this thread was created, I have already started seeing the buzz on twitter about the new Apple and some persons will start saving to buy it, some go as far as borrowing to buy it.

iPhones are not good investments in the first place:

- They can get nicked and scratched
- The battery can be worn out fairly quickly
- A software failure can prevent the iPhone from working
- The screen can shatter if you drop it
- Negative resale value, even if it is more than other phones. Each year iPhones lose even more % of their original value
- It can get bricked, etc.

But borrowing money just to buy the new iPhone is just peak stupidity because now they're paying interest on top of that.

[LittleBitFunny]

Owning an iPhone doesn't mean to be an investment accounting to me. This had turned to be status symbol, even the person who doesn't have proper shelter holds an iPhone. This is the reality happening around the world, mainly in the third world countries. The market movement is directly connected with the economy too. An investment should appreciate in value whereas an iPhone keeps depreciating.

To me, phones, cars, clothes...all are just necessary things for life, there's nothing wrong with investing in them. But the blame here is that many people are facing economic difficulties but always like to show off and buy expensive products that are beyond their budget, which is condemnable. Furthermore, we all know that technology products lose value very quickly because new products have a very short lifespan, so spending a large amount of money to buy an iPhone is really a waste.

It cannot be denied that those things are everyone's dream, but we should clearly distinguish which things need to be owned first. Once we have financial freedom, iPhone or branded goods are no longer a problem.

[Rockstarguy]

Owning an iPhone doesn't mean to be an investment accounting to me. This had turned to be status symbol, even the person who doesn't have proper shelter holds an iPhone. This is the reality happening around the world, mainly in the third world countries. The market movement is directly connected with the economy too. An investment should appreciate in value whereas an iPhone keeps depreciating.

Most people that makes  use of iPhone don't even use it for anything that can generate money for them. I don't have problem with people using iPhone but if an iPhone can't in anyway generate money for  it users it is a complete liability. The worse thing about people using an iPhone is that they don't really know the function of the phone,  it is only used for formality.  The reason why I think IPhone is a waste of money is because it does not add value to it users instead it reduce it value. Everything about the device is expensive,  maintenance and repairs of components of the device.

[deathcode]

Owning an iPhone doesn't mean to be an investment accounting to me. This had turned to be status symbol, even the person who doesn't have proper shelter holds an iPhone. This is the reality happening around the world, mainly in the third world countries. The market movement is directly connected with the economy too. An investment should appreciate in value whereas an iPhone keeps depreciating.

Most people that makes  use of iPhone don't even use it for anything that can generate money for them. I don't have problem with people using iPhone but if an iPhone can't in anyway generate money for  it users it is a complete liability. The worse thing about people using an iPhone is that they don't really know the function of the phone,  it is only used for formality.  The reason why I think IPhone is a waste of money is because it does not add value to it users instead it reduce it value. Everything about the device is expensive,  maintenance and repairs of components of the device.

Actually, I think having an iPhone can make things easier and more profitable for the owner or in other words it can give someone a good additional income if they are able to think creatively to utilize the features and advantages of various Apple products in a visionary way.
Yes you are right, I don't know, but according to my observations from the environment and society around me and what I often see, in fact most of the people who have or are always upgrading the latest iPhone products, most of them don't look at the device to take advantage of the advantages of the product. They only use iPhones for activities like other smartphones, such as only being used for selfies, chatting, listening to music, receiving calls and watching videos, etc. which in fact all smartphones can do.
In my opinion, the desire of some of these people to own or buy smartphone products from Apple is just to prove or want to be seen or want to be acknowledged that they are rich people, people who follow the market trend for expensive smartphones or I more often say they are just buying the prestige or privilege of Apple products without being able to take full advantage of their advantages.
Yes, although I am aware that it is the right of each individual, but I feel if they are like that they cannot make good use of their goods or money wisely.

[philipma1957]

I am not going to judge anyone who is buying the newest iPhone, I have some friend who creates daily content either for their own social media or youtube channel, or for some brands, and they earn money from that, so some people actually buying iPhone for work and they can earn money from that meaning it's not a waste of money. All that being said, I also know some people who buy the newest iPhone every year just to impress others.

All I am saying is that everyone have their own preference in investment, for some people iPhone is also a kind of investment.

It's really hard to really judge anyone, I mean if they can afford it and they know that it's a better investments for them then why not? Just like myself, I bought a MacBook which I have been contemplating for years, and I got them early 2018 and up to know I'm still using it, so money well spend, issues I have is battery but I have to replace it from time to time and it is still functioning well as design or to cater to my needs. And just like what you describe, maybe those who are in that industry needs high end phone or brands for recording and creating content and in turn will make them good returns then we can't questions them as well.

Exactly the point their pcs and laptops last.

their iphones are designed to be tossed in 2-4 years.

I have owned and modded hundreds of mac minis ,macpros and macbook pros.

Did it from 2005 to 2012. Apple started locking their gear done becoming less mod friendly.

The iPhones battery is not designed to be replaced therefore it is disposable.

I get an influencer making money on it but I know about 150 iphone owners from 10 to 77. About 90% could use a samsung a54 and get along fine.

Many of them dont own an apple pc of any kind . Thus making it even stupider to get the iphone.

I am still rocking 3 mac minis and typing on an ipad mini as I type.

[EL MOHA]

The iPhones battery is not designed to be replaced therefore it is disposable.

I get an influencer making money on it but I know about 150 iphone owners from 10 to 77. About 90% could use a samsung a54 and get along fine.

Many of them dont own an apple pc of any kind . Thus making it even stupider to get the iphone.

I am still rocking 3 mac minis and typing on an ipad mini as I type.

According to their support you can have a replace of the battery if it gets its health below 80% but probably this is for later iPhones like X above.

Yeah not that many actually needed to use it but just a preference they have for it. The MacBook though comes in handy because I kind of prefer MacOS than Windows OS, because of malwares

[heslylamba]

I think most people are smart and won't buy another iPhone that is no different from the previous one. Bitcoin is much more valuable in this regard.

[CryptoHeadlineNews]

Just imagine the profits that would have been if those that bought the new iphone during the release date of those model above bought bitcoin instead. Avoid making same mistakes and choose bitcoin.

Yes, I agree with you on this very statement of yours @ Sir Brainboss, regarding the importance of Bitcoin and its ability to skyrocket in value with time, and as such,  appreciate you for creating this thread as an avenue to help people make the right decision/choice on the new release of the latest iPhone 15, as people will be eager to buy or swap with an old phone, and hence end up making the wrong decision over a liability whose value will only depreciate over time, unlike Bitcoin capable of skyrocketing higher as time goes on, which is why I call it a worthy asset for future investment.

[mvdheuvel1983]

Although I agree with the cogent points raised by the OP, well I will not keep to it completely. Some of these toys are what makes life easy, and fun..They bring joy no matter how little. And if I can add an ounce of ease, joy and happiness to my life through the purchase of these new Apple toys, I will.

We shouldn't think that when we buy these toys we automatically forget about investing in Bitcoin. Anyone whose DCAing would have no problem with other aspects of their lives. Because the DCA strategy sets the tone for how you fix up the rest of your life. YOLO, so make the best of it whatever way you see fit.

[bitcrystal]

its a good thing to sensitize people on the kind of decisions to make. at this point i dont really see any need for me to dump my BTC and go buy the latest apple product. but you know some people are phone freak and also the brand is what some people like. we cant really stop anyone from enjoying what they like but we are just saying if its possible to make a choice and think of next 1 year then the best is to hodl some BTC and be patient.

[serjent05]

Wise people will invest in things that will give them profit in the future so people like these would not think twice in investingi n Bitcoin.  Technology is bound to be obsolete so smart people wait for some time probably a year before buying the new release since its price might have gone down by that time.

Aside from that, aside from flexing and bragging, I do not think that there is really a reason to buy very expensive gadget where a cheaper one is available that can perform the same function of the expensive one.

[rby]

A very nice article I have read above. Thank you for putting this together and I believe it will also shaping the mind of people who would want to understand but there are people who are strictly adamant to luxury and they would not give listening ears to this.

I believe you are only using Apple devices as example because they are expensive set of devices. There are other mobile devices like the brand of Samsung which is also expensive. Instead of looking down on Apple and its products, I am instead seeing the potential of bitcoin to fight against inflation. The picture above is a very big proof that bitcoin is a coin that does not bow easily to inflexion.

But then anyone that has the money to buy these phones should also buy. The reason for buying bitcoin and investing is to make the life easy and have some fun while living comfortable. So it must not always be investment. There should be a kind of comfortability and if buying apple devices give the person that joy and comfort,  they should go ahead and buy the devices.

[PX-Z]

Well, the chart is applied for everything you bought before say 5 years ago and the value of it on todays bitcoin price, so won't argue about it.
Well, buying iphone is a good example because i'm one those homies who see apple products are just overpriced with late feature upgrades and wont consider buying it even if i have the financial capability to do it, i will go to cheaper with the same specs and 2x cheaper.

[philipma1957]

And as if the universe itself wants to prove the op right.

here is a new thread on the latest iphone 📱 fucking up

https://forums.macrumors.com/threads/iphone-15-pro-max-heating-up.2404294/


I have been on macrumors for years and this is not the first iPhone that sucks .

[jasonjm]

Just imagine the profits that would have been if those that bought the new iphone during the release date of those model above bought bitcoin instead. Avoid making same mistakes and choose bitcoin.

All these luxury things are not assets but liabilities. It does not matter if you buy an iPhone or a luxury car because, at the end of the day, you are losing your money. Investment either in stocks or Bitcoin is the way forward for most people. Brand marketing has negatively impacted our lives. Now, people are brand-conscious and want to buy a branded outfit, a luxury vehicle, etc. This is a trap set by the capitalists to make people purchase more and more. 
It is okay to buy a cheap mobile phone, live in a low-maintenance apartment, and own a down-model car. And invest all your extra money into Bitcoin and stocks, because after a few years, you might be able to buy your own apartment. Upgrade your lifestyle when you have a lot of money.

[arwin100]

Just imagine the profits that would have been if those that bought the new iphone during the release date of those model above bought bitcoin instead. Avoid making same mistakes and choose bitcoin.

All these luxury things are not assets but liabilities. It does not matter if you buy an iPhone or a luxury car because, at the end of the day, you are losing your money. Investment either in stocks or Bitcoin is the way forward for most people. Brand marketing has negatively impacted our lives. Now, people are brand-conscious and want to buy a branded outfit, a luxury vehicle, etc. This is a trap set by the capitalists to make people purchase more and more. 
It is okay to buy a cheap mobile phone, live in a low-maintenance apartment, and own a down-model car. And invest all your extra money into Bitcoin and stocks, because after a few years, you might be able to buy your own apartment. Upgrade your lifestyle when you have a lot of money.

Crazy to see people fall in line with those nonsense material things since we don't actually need it and that is just a total waste of money. They just waste their energy to work harder but it will just end up on an asset where the value get depreciated over months or years since Apple will release another model of this units.

If they could just invest that money on bitcoin or maybe on other useful options maybe they can get the best result for the money they spent but they let the hype eat them and make those materials as status symbol. For sure those struggling people will regret to buy that items since they cannot sell it the same on the price which they bought it. Investments is important nowadays so hopefully these guys know what are the things more important to consider.

[xSkylarx]

And as if the universe itself wants to prove the op right.

here is a new thread on the latest iphone 📱 fucking up

https://forums.macrumors.com/threads/iphone-15-pro-max-heating-up.2404294/


I have been on macrumors for years and this is not the first iPhone that sucks .

Ive also seen some videos about the durability test of the new iPhone and it is worse as they said as the back case is easily broken but yet they said that it ain't no problem as you can change it for $200.

People really want to buy what they want and that is their money. They are not thinking about practically buying a cheaper phone with the same function and the extra money to be invested in or for their needs. Ive seen people right now that are showing off it on social media and others are jealous that they have it. I am just glad that I do not have the same mindset as those people.

[Supianto]

I think most people are smart and won't buy another iPhone that is no different from the previous one. Bitcoin is much more valuable in this regard.

Bruh, this company lives because millions are buying their products. They've been the same for quite some time, and I don't think that's gonna change soon. If people around you aren't buying iPhones it doesn't mean that most of their customers will stop buying them.

[philipma1957]

I think most people are smart and won't buy another iPhone that is no different from the previous one. Bitcoin is much more valuable in this regard.

Bruh, this company lives because millions are buying their products. They've been the same for quite some time, and I don't think that's gonna change soon. If people around you aren't buying iPhones it doesn't mean that most of their customers will stop buying them.

Oh yeah. I post a lot on mac rumors constantly dissing 1 product the iPhone.

Mind you i like the ipad mini and the mac mini.

So i am anti one product that is the iphone 📱

I make a lot of people angry because I ask them what can their 1000+ dollar iphone can do as compared to my 300+ dollar plus samsung a54.  most do not have a good answer .

here is one at the end of the day it is a 300 dollar phone.

my come back is that does 95 to 98 percent the same as your 1000 dollar phone.

In my case I need three phones to run my mining business.

So I spend 900 vs 3000 every 2-3 years.

This is a simple no brainer for me.

[Mayyyy]

https://www.talkimg.com/images/2023/09/13/6nLCT.jpeg

I don't do this often but if my post can save a soul from making the wrong decision, it would be worth the effort. We're in September which is the period which Apple flood the market with their new toys and people make the mistakes of throwing away money every year on these items. Why would anyone buy something that'll be devalued in about 12 months time because around this time next year Apple will be releasing a new set of devices and an upgrade of what will be released this year. Instead of buying those devices now, you can use that money for something more reasonable by investing that money in Bitcoin. The price of Bitcoin is low currently which is another reason to make use of this opportunity to invest in Bitcoin.

Those that bought bitcoin and ignored the latest iphone during the period those previous model above (in the image) were launched have made a better financial decision and anybody thinking of getting the new iphone when you already have a perfectly working phone should rethink that decision and invest the money in buying Bitcoin. You'll be getting around BTC0.031 +/-  which will be worth more in the future than the amount you'll spend to buy it while that new Iphone will lose value in the next 12 months. if you really what to get something relating to apple then buy their stocks instead of the devices (that's another means of diversifying your portfolio, if you think you already have enough Bitcoin secured for the future).

Just imagine the profits that would have been if those that bought the new iphone during the release date of those model above bought bitcoin instead. Avoid making same mistakes and choose bitcoin.

I have also never understood the people who buy these toys. In general, almost nothing changes in a phone every year. Simple marketing, which is well organised and works very well for the company.

[Kasabus]

Although I agree with the cogent points raised by the OP, well I will not keep to it completely. Some of these toys are what makes life easy, and fun..They bring joy no matter how little. And if I can add an ounce of ease, joy and happiness to my life through the purchase of these new Apple toys, I will.

We shouldn't think that when we buy these toys we automatically forget about investing in Bitcoin. Anyone whose DCAing would have no problem with other aspects of their lives. Because the DCA strategy sets the tone for how you fix up the rest of your life. YOLO, so make the best of it whatever way you see fit.

You have a brilliant idea as well. If it what makes us happy and we know we can afford it, then why not? Buying Apple toys does not mean it’s our priority, but rather it’s one way of motivating ourselves to work hard and invest hard so we can have something to spend in the future. But if you can do both, investing in bitcoin and at the same time buying some Apple toys, I think that will be more life’s satisfying.

[forexandcryptoauditor]

Really a good analysis and insights covering comparison of Apple gadgets and Bitcoin. This shows how bitcoin has gain not just its price but also the user experiences. One, must thinking on investing in Bitcoin rather than buying those expensive gadgets. I feel, this is not just about apple devices but also other expansive things which we can ignore and move towards buying some amount of bitcoin. Surely, down the line in few years those who brought Bitcoin feel proud of themselves.

[dothebeats]

Although I agree with the cogent points raised by the OP, well I will not keep to it completely. Some of these toys are what makes life easy, and fun..They bring joy no matter how little. And if I can add an ounce of ease, joy and happiness to my life through the purchase of these new Apple toys, I will.

We shouldn't think that when we buy these toys we automatically forget about investing in Bitcoin. Anyone whose DCAing would have no problem with other aspects of their lives. Because the DCA strategy sets the tone for how you fix up the rest of your life. YOLO, so make the best of it whatever way you see fit.

You have a brilliant idea as well. If it what makes us happy and we know we can afford it, then why not? Buying Apple toys does not mean it’s our priority, but rather it’s one way of motivating ourselves to work hard and invest hard so we can have something to spend in the future. But if you can do both, investing in bitcoin and at the same time buying some Apple toys, I think that will be more life’s satisfying.

Actually that's a good point. If you can buy it and it will make you happy then of course that's more than enough reason to do so, there's no need to explain to anyone why. The only reason how things like this can go bad is when we force our financial capacity to buy things like these Apple toys. It is never good to compromise much important things for things we don't particularly need, like spending all of our savings just to buy a new phone despite not completely needing it. Buying stuff like these isn't bad as long as it is still a smart purchase.

[mindrust]

Any investment is probably better than buying any apple products. You can create a similar chart using apple’s stock price. Don’t buy apple products, buy aapl instead so you can buy lots apple products for free. Buying bitcoin is also a good idea since bitcoin is a deflationary currency but i think this idea works better on stocks. If you like to drink cola for example, instead of consuming lots of cola, buy some stocks of pepsi or coca-cola. (Whichever is your favorite) In the long run, these stocks will produce you so much money, you will be able to buy as much coke as you want.

Another idea is buying the coinbase stock. If you like to trade crypto, buy COIN instead because this company is getting rich collecting fees from traders.

[NeilLostBitCoin]

Wise decision! Some people buy the latest gadgets to show off or prefer Apple's user interface. Frankly, I can afford it, too, but I will not purchase nor be interested in getting the latest iPhones. Some Android phones and a little crypto-currency for the Bull Run are enough. I would enjoy it rather than using too much expensive stuff. Though I'm not opposed to the people who want the latest Apple gadgets. Your money, your choice.

[philipma1957]

Although I agree with the cogent points raised by the OP, well I will not keep to it completely. Some of these toys are what makes life easy, and fun..They bring joy no matter how little. And if I can add an ounce of ease, joy and happiness to my life through the purchase of these new Apple toys, I will.

We shouldn't think that when we buy these toys we automatically forget about investing in Bitcoin. Anyone whose DCAing would have no problem with other aspects of their lives. Because the DCA strategy sets the tone for how you fix up the rest of your life. YOLO, so make the best of it whatever way you see fit.

You have a brilliant idea as well. If it what makes us happy and we know we can afford it, then why not? Buying Apple toys does not mean it’s our priority, but rather it’s one way of motivating ourselves to work hard and invest hard so we can have something to spend in the future. But if you can do both, investing in bitcoin and at the same time buying some Apple toys, I think that will be more life’s satisfying.

Actually that's a good point. If you can buy it and it will make you happy then of course that's more than enough reason to do so, there's no need to explain to anyone why. The only reason how things like this can go bad is when we force our financial capacity to buy things like these Apple toys. It is never good to compromise much important things for things we don't particularly need, like spending all of our savings just to buy a new phone despite not completely needing it. Buying stuff like these isn't bad as long as it is still a smart purchase.

I disagree. With the bolded part.\\ Not the rest of what you wrote.


 I can hire two hookers to do me at the same time it will make me feel good for a short period of time. So I would need to do it again and again and again. Buying an iPhone to be able to feel good is an addictive cycle.

I mine coins I use tons and tons and tons of gear. Literally it really is tons of gear.
Once you have a lot of gear you realize that they are tools to do a job. Not two hooker that make you feel good for a while.

I need tons of gear to make a living I do not need 3 iPhones at 1000 each vs 3 samsung a54's

I know because I use the 3 Samsungs for my mining pool accounts and they work fine.

Buy shit to feel good is a very dangerous path.

[bettercrypto]

First of all, I don't have an obsession with the iPhone. All of the buyers are affluent consumers. Then I'm not sure; in my opinion, you can purchase a number of Samsung-branded smartphones for the same amount as an iPhone-branded smartphone.

Two used motorcycles are genuinely offered, if you can find them there, but it's not realistic for me. While the other motorcycle is for personal usage, one can be utilized for business. For others who like it, there is no issue; for me, this is only an example. However, it is also true that it is preferable to simply swap the purchase to Bitcoin rather than making a transaction.

[crwth]

Can anybody make this into something that is more relatable to everyone? Like I know there are a lot of people who buy iPhones that are in installment monthly. It's always going to be the monthly basis. I'm excited to see what we can learn when we see that.