The historical data of Bitcoin (BTC) and Ether (ETH) make choosing the right Apple iPhone 13 model pretty easy for crypto enthusiasts.
Apple announced four different smartphone models on Tuesday, the iPhone 13 and iPhone 13 mini with new camera layouts and the iPhone 13 Pro and iPhone 13 Pro Max with Super Retina XDR displays, each with multiple storage options.
With so many different models in a wide price range, it becomes difficult for customers to decide which model to replace their current equipment with. For crypto enthusiasts, however, historical market data on the top cryptocurrencies make the selection process a breeze.
According to a study by Statista, customers use their smartphone for an average of almost three years before they replace it with a new one. In other words, consumers looking to buy an iPhone 13 today are more likely to own a phone they bought during the 2018 Christmas sale.
Assuming they also bought an iPhone model back then for comparison, that means they have the options of buying the iPhone 8, 8 Plus, iPhone XR, or iPhone Xs. Starting prices for the 2018 Apple family of products were $ 599, $ 699, $ 749, and $ 999, respectively.
There’s a $ 400 difference in price between the base model and the premium iPhone, with the exception of the $ 100 more expensive iPhone Xs Max model. The same price gap will convert to 0.1-0.13 BTC if the purchase is made in December 2018. That said, if a crypto enthusiast makes the right call and used the base model on their previous purchase, they’ll have enough savings today ($ 4,800- $ 6,200). at the time of writing) to buy some high-end iPhones.
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Ether fans can benefit even more from the “buy base, spend the rest on crypto” strategy by buying 3 ETH almost three years ago, which is the equivalent of 10 iPhone 13 Pro Max devices at the time of writing.
Depending on the chosen cryptocurrency, the return varies considerably. Binance Coin (BNB), for example, was just over $ 5 in early December 2018, while Dogecoin (DOGE) was worth $ 0.00225, meaning investments in a few coins doubled in three years. But one thing is clear: top cryptocurrencies have outperformed premium gadgets in terms of market value.