Should You Buy an iPhone 16 or Invest in Bitcoin?

Bitcoin or iPhone 16

If you had the choice between a brand-new iPhone 16 or Bitcoin worth the same amount, what would you choose? It’s a tough call, right? Analyst Maddy from Altcoin Buzz took a look at this exact comparison in a new video, and came up with an interesting analogy. He uses the marshmallow test as a way to highlight the choice between instant gratification and a potentially greater reward in the future.

What’s New with the iPhone 16?

The iPhone 16 will be released soon, with a price tag of $799 for the base model and $899 for the 256 GB version. Techies are excited about new features that include a faster chip, more memory, AI-powered improvements, better cameras, and longer battery life. If you’re someone who relies on your phone for work or creating content, these upgrades are very tempting,

The Bitcoin Option: Investing, not Upgrading

cost of iphone in btc
Photo Credits: CoinGecko

But what if you took a different route? In the video, Maddy suggests skipping the phone upgrade and investing that money in Bitcoin instead. Let’s say you had $899 last year when the iPhone 15 came out. If you had put that money into Bitcoin back then, your investment would have more than doubled. With Bitcoin’s current price sitting above $63,000, your initial $899 would now be worth $2,139. You could still buy the iPhone 16 and have extra profit left over.

Immediate Satisfaction vs. Long-Term Gains

So, what’s the takeaway here? It’s about choosing between enjoying the instant satisfaction of having the latest iPhone or opting for the potential long-term gains that come with buying (and holding) Bitcoin. Sure, the iPhone 16 will have new features, but are they really necessary if you already have a newer model? This decision might come down to what’s more important to you—enjoying the newest tech now or waiting for a potentially bigger financial reward.

What’s the Right Move for You?

At the end of the day, it’s a personal decision. Maddy points out that the choice depends on your priorities. Do you value having the latest tech in your hands, or are you more focused on growing your money through investments like Bitcoin? For some, upgrading their phone every year is worth it. But others might prefer the financial boost that comes with a well-timed crypto investment.

This comparison between the iPhone 16 and Bitcoin gives us all something to think about when it comes to spending habits and investment choices. Whether you go for the new phone or Bitcoin, the key is making a decision that fits your personal and financial goals.

Watch the entire video below: