Crypto enthusiasts can benefit from a data-driven strategy and historical data on Bitcoin (BTC) and Ether (ETH) making it easy to choose the proper Apple iPhone 13 model.
On Tuesday, Apple introduced four new smartphone models: the iPhone 13 and iPhone 13 small, both featuring a new camera configuration, as well as the iPhone 13 Pro and iPhone 13 Pro Max, both with Super Retina XDR displays and multiple storage options.
Customers find it difficult to choose a specific model as a replacement for their current gadget because there are so many distinct models available in such a wide price range.
However, for crypto fans, historical market data on the most popular cryptocurrencies makes the decision-making process a breeze.
According to a Statista study, people use their smartphones for nearly three years on average before replacing them with a new one. In other words, a consumer wanting to buy an iPhone 13 now is likely to already own a phone acquired during the 2018 Christmas Sale.
For the sake of comparison, assuming they also purchased an iPhone model at the time, this implies they had the option of purchasing an iPhone 8, iPhone 8 Plus, iPhone XR, or iPhone Xs. The initial prices for Apple’s 2018 product line were $599, $699, $749, and $999, respectively.
The difference in price between the base model and the high-end iPhone is $400, excluding the $100 more expensive iPhone Xs Max.
If the purchase was made in December 2018, the same price difference would convert into 0.1 to 0.13 BTC. That indicates that a crypto enthusiast who chose the base model in their prior purchase would have enough money to buy many high-end iPhones now ($4,800 to $6,200 at the time of writing).
Ether aficionados may get even more out of the “buy the base, spend the rest on crypto” plan by acquiring 3 ETH almost three years ago, which is currently comparable to 10 iPhone 13 Pro Max units.
Yields vary drastically depending on the coin used. For example, at the start of December 2018, Binance Coin (BNB) was worth slightly over $5, while Dogecoin (DOGE) was just $0.00225, implying that investments in some coins had tripled in three years. But one thing is certain: in terms of market value, top cryptocurrencies outlast expensive devices.