Posts

How Profitable Can SPInvest Be?

avatar of @spinvest
25
@spinvest
·
·
0 views
·
3 min read

@spinvest is a fund that is designed to "Get Rich Slowly". Unfortunately, in the world of cryptocurrency, that is not always possible.

It seems that the slowly part is becoming uncertain. As we know, there is tremendous wealth being generated in this realm. What is exciting is that we are just at the beginning.

SPInvest was started to take advantage of all that is taking place on Hive and in other areas. With a nice cross-section of on and off chain investments, the fund is well positioned to generation outsized returns. Each of the first two full years saw this.

It looks like we are seeing Year 3 shaping up to be even better.

Here is my personal holdings as put together by @silverstackeruk. It denote the growth over a 15 month period.

How is that for a return? This isn't getting rich slowly but, rather, in overdrive. Keep in mind that SPInvest seeks to reach a 20% return each year. Nevertheless, this numbers absolutely blow it away.

Of course, being in a bull run always helps things. We will watch these times tapered by the bear markets. However, when taking on average, we can easily see how the 20% target is being blown away.

Return is one of the crucial components of wealth building. It is vital to put our money to work for us. When the returns are tremendous, this really helps our overall ascent.

As we can see the number of SPI held increased. This is the dividend structure that was established. Hence, we are seeing the payouts come in SPI which is growing the amount each person holds.

Another thing to note is that each SPI is backed by the value of the assets held.

Here is a chart from the latest SPInvest Weekly Earnings and Holdings Report.

We can see that, at the time this was done, the value of the assets behind each LBI token is $2.27, In the banking world, this would be known as the book value. In other words, if everything was liquidated, at the prices that went into the report, each token holder would be paid 4.45 HIVE. Naturally, this will fluctuate on a daily basis with such a wide basket of holdings.

The point is that this is a project consistently increasing it value and has been doing so for the past 3 years. It flew completely under the radar to people when going live. Yet today, we see how riding the bull is providing significant growth.

This is just another example of the tremendous opportunities on Hive. SPInvest is not going to appear on the page of Cointelegraph or Decrypt. Nevertheless, it is providing an outstanding return for all those who are involved. When the bull starts running, many start talking in millions. However, it is often arrived at thousands of dollars at a time.

We are looking at one snapshot, a point in history. This will seriously change over the next year. Perhaps it will be higher, maybe it will be lower at this point in 2022. There is no way to tell what the market will do.

What we do know is that the SPInvest team will keep doing the things to actively enhance our return. One of the best things about Hive is we can improve the returns through our activity. Between leasing of HP, posting, and curating, streams can keep flowing in. If the bear down awaken, at least we can offset the damage by increasing our holdings as more tokens flow in.

One final note.

Looking back at the holding report, we see that the value of the assets per SPI token, in Hive, is 4.45.

Here is the present sell board from Hive-Engine.

Talk about risk free. Notice the SPI that is available for less than what each token is worth in assets. That means one has an instant gain in value, at least based upon the last holding report.

This does not factor in the incredible growth rate nor the weekly dividends paid out.

It will be fun to see what the numbers look like in another 15 months.

Article written by @taskmaster4450.

Posted Using LeoFinance Beta