Post
Topic
Board Bitcoin Discussion
Re: Ignore the new Apple toys & Invest in Bitcoin, history always repeat itself.
by
FinneysTrueVision
on 15/09/2023, 05:13:27 UTC
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.