Topic: Ignore the new Apple toys & Invest in Bitcoin, history always repeat itself. - page 7. (Read 1002 times)

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.

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.

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.