This article explores how investing in Bitcoin instead of buying new iPhone models could impact your wealth. Data is analyzed regarding the profitability of BTC compared to spending on iPhones.
Buying iPhones vs. Investing in Bitcoin
The launch of a new iPhone model each year generates high demand, causing buyers to rush for the latest updates, often on credit. Despite minor design changes in recent years, substantial performance enhancements have contributed to the iPhones' popularity. But what if instead of regular purchases of new models, you invested in Bitcoin?
How Much Bitcoin You Could Have Earned
If you had invested the money spent on the iPhone 4s in Bitcoin, today you would possess 162 BTC. In a similar vein, choosing Bitcoin instead of the iPhone 5 would have netted you 53 BTC. Additionally, funds from the iPhone 5s could have brought about 1.7 BTC. Over time, these figures continue to grow:
* iPhone 6s – 2.8 BTC * iPhone 7 – 1.1 BTC * iPhone 8 – 0.19 BTC * iPhone X – 0.14 BTC * iPhone XS – 0.15 BTC * iPhone 11 – 0.068 BTC * iPhone 12 – 0.051 BTC * iPhone 13 – 0.018 BTC * iPhone 14 – 0.042 BTC * iPhone 15 – 0.031 BTC * iPhone 16 – 0.014 BTC * iPhone 17 – 0.0007 BTC
The Possibility of Becoming a Billionaire
Cumulatively, this would amount to approximately 226.3 BTC today, equating to nearly $25.2 million at current prices. While you would not be a dollar billionaire, your net worth in Turkish Lira would be about 1.039 billion TRY, making you a local billionaire. These statistics illustrate that by holding BTC, purchasing new yearly iPhones could become more affordable over time.
The alternative choice between constantly upgrading your iPhone and investing in Bitcoin opens interesting perspectives for financial opportunities. Long-term investments in cryptocurrencies can yield significant dividends, making them an attractive option.