Update from Spinvest-Leo account Wed 6 May 2020.
I've been pretty quiet lately, setting up this Leo account and getting it back into action after the fork and swap to Hive Engine. Now, I think, I'm ready to start reporting weekly income again.
The reporting method, and indead the way I run this account, will be different from previously. There are no delegations anymore so a big weekly task has been removed. Basically, this account will become a once a week operation, posting an update, sending 50% of my profit to the new @spinvest profit distribution account, and re-investing any remaining liquid amounts. I will of course be monitoring voting power and multipliers, and adjusting the auto-voter as needed. The below form will be how I track performance from now on.
As you can see, I have reduced the amount of assets I am tracking. Other tribe tokens that I was accumulating, are no-longer a priority and will be gradually sold off as they un-stake/power down.
Priority 1 - LEO
Of course the LEO token is my number one priority here. Our vote (and thus curation return) is much smaller than prior to the shift thanks to the delegation program. I also have set voting patterns up differently here, and curation returns will be lower but more stable and sustainable for the long term.
I am also planning to slowly accumulate LEO Miners. This should provide a small addition to the income over time. Returns on the miner tokens are not great, but its 100% passive which is my favorite type of return.
Priority 2 - CTP
The next tribe I will focus on is Clicktrackprofit. Now that the LEO Dex has made it easy to set vote multipliers, I can vote both tribes efficiently. There is something about CTP I really like. Not sure if it is @jongolson's infectious enthusiasm, or the fact that the token has been integrated into a payment system (Fire-Pay). At any rate, CTP seems to stand out as having more use case and utility than many of the other tribes.
Likewise I have added some CTP Miners (during the recent promotion they ran) and will look to accumulate more over time.
Priority 3 - NEOXAG.
The Neoxian tribe has been very positive towards Spinvest - and the @spinvest-neo branch has performed very well. It will be straight-forward to build NEOXAG stake by using the vote multiplier tool, as many LEO and CTP posts also include the NEOXAG tags. I'll leave the specific NEOXIAN curation the @underground running the Spin-neo account, but I'll steadily stack these tokens.
Priority 4 - HIVE Power
The final area I will focus on for this account will be boosting the HP of the account to start earning HIVE curation also. Voting is being optimized via the Rewarding auto-voter for curation timing. As I build up the HP, curation returns should be a nice little extra earning. This was never a priority before, but is something I will try to get better at.
Once the above report has been produced each week, I will then perform the necessary operations to send the 50% profit share out to the @spinvest account that will conduct distributions (I think it will be @spi-payments but will confirm with Mr Spinny before next week). Then I'll reinvest any remaining liquid assets. Then the new numbers will make up the starting amounts for the following weeks calculations.
That's about it for this weeks update, see you all next week,
Posted Using LeoFinance
