Spinvest's weekly earnings and holdings reports #17

Hello, SPIer's. Today is Sunday and we end the SPI week with our weekly dividend payment this evening and every Sunday at 21.00 GMT.

What is SPI? SPI tokens are growth investment tokens that pay a weekly dividend. They have been circulating for over 2 years, on STEEMHIVE. Mostly sold for 1 HIVE, each token today is worth over 4 times its HIVE issue value and 12x its dollar value. On top of that, token holders receive roughly 8% more SPI's every year from weekly dividends. We raised $13k from issuing SPI tokens for the first year which has been used to grow a diverse portfolio of investments, many of which provide streams of passive incomes. SPI tokens are part ownership of all SPinvest tokens/accounts, assets and income. The price of each SPI token is its liquidation value as SPI tokens are 100% backed by holdings. Handcapped to roughly 94,000, no more can be minted are issued. Adding, hold and compounding has us on the road to major growth and these tokens are still growing in value.

SPI tokens are part ownership in an actively managed fund. We have our hands in over 20 investments with the lion share being HIVE, BTC & ETH. We dont FOMO are chase pipe dreams. Tried and tested works best and is safest. Our motto is "Get rich slowly" and compounding down on sound investments is our game. You should invest in SPI tokens with the mindset of not selling for 3-5 years minimum. Let's have a look at this week's on-chain HIVE earnings.

Earning is down this week and not in a small way. Because half our income is coming from LEO and HIVE has mooned, our earnings in HIVE are less. The bulk of our LEO comes from leo.voter and CUBfinance from the spinvest-leo account. Total earnings were 900 HIVE which looks small but we have to consider that HIVE is worth about 50% more today than it was a few days ago. This can be seen in the amount of SPI tokens issued in this week dividend. Our normal issue number is around 130 so this weeks 121 shows we are not near the normal mark.

Had some fun with HIVE this week. When the price mooned to $1+ 2 days back, i was able to sell 10,000 for us at 98 cents and bought back 11,400 at 86 cents within 13 hours. The profit has already gone into a venture capital deal we've just set up with a new gaming video tribe. We've invested $1000 which was 1200 HIVE at the time and basically gives us free investment after my sell/buy trade. . Watch out for Beecoin, coming soon. Total HIVE balance just shy of 110k.

Removed LeoMiners from this and replaced them with SEED tokens. I'll need to make another row to add new investment to. UTOPIS this week has dropped from 5 HIVE back down to 3.5 HIVE. Bro token has dropped a little, LEO has gone down. In fact, everything is down some because the price of HIVE has mooned. Ultimately it's a good thing :)

We are holding over 5000 SPI tokens again due to buying back 500 someone an investor yesterday. Im on the fence for burning these.

We had around 3000 HIVEp in the HE wallet from selling ALPHA and BETA splinterlands packs and I decided to invest that money elsewhere so withdrew it and added roughly $2300 to our BTC/BNB kingdom on CUBfinance. Everything in HIVE is down on last week but everything in dollars in up so we cant complain.

The spinvest-leo account is growing nicely and the dividends coming in great. 50% of harvests are reinvested and 50% come to @spinvest as income. @jk4676 is doing a good job tracking and looking after this for us.

HIVE's slice of the pie is larger than normal this week, im not complaining because the price of BTC, our 2nd biggest holding has gone up meaning that HIVE has gone up even more and the result is we have a fund worth over 1/4 million $ again. The fund peaked at around $298k just before the price of HIVE started to decline and correct. We've been over $250k before about 4 months back but I dont think we've ever gone over $300k, we might have, im not sure. If we ever did, it was brief. Fingers crossed this time, we can stay over $250k a little longer.

Ok, looks like the bull run is still on. This is the time we have been planning for the past 4 years. We cant get blinded and lose focus at the last jumps of the race. Im thinking (could be very wrong) that the bull run will continue until the end of the year with BTC peaking in Dec and ALTS early Jan. I see alot of people calling for the peak to come in at the end of this month but im not seeing the signals. I honestly think it'll run until the end of the year so 3 more months and by the end of January 2022, 90% of our off-platform holding will be stable tokens.

Its not crazy to think that BTC or ETH can not be 5x from here. The last push by investors before a bubble pop will often 2x+ the price in a very short amount of time. In other words, if BTC pops to $100k over the next 2 months and then moons to $200k+ in under 2 weeks when crypto hype and FOMO is at its peak, I'll be selling our BTC. If you ever see BTC at over $200k, no that I'll have sold SPinvests BTC. Same for ETH at $8-9k. We got our BTC at around $9-10k and ETH at $330 each. I dont care if BTC goes to $400k and ETH $20k each, if we can sell at $200k and $9k, we win massively.

On the other hand, it might peak at $100k and in that case, we prob sell at around $70-80k after the bubble pops. Even selling out after the bubble has pooped at 70-80% the all-time high can be hugely profitable when we wait 12-24 months everything drops to 80-95% from all-time highs to buy back in. Sadly it takes 3-4 months to know the bubble has popped before it shows up and can be confirmed with charts so we're sort of in the dark.

Anyways, thanks for reading through this weeks SPinvest report, I hope you have a nice Sunday.

Thank you for taking the time to read through this weeks SPI earnings and holding report. We post every Sunday to keep our investors up to date so please follow the account if you would like to track our progress.

Posted Using LeoFinance ^Beta