Posts

Spinvest's weekly earnings and holdings report | Yaer 03 | Week 24

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

Hello, SPIers. 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 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.

We've had an average week this week with nothing out of the blue happening. You can see from the above chart that our HIVE POWER makes up for over 60% of our weekly income, 51% from leasing and 11% from HIVE inflation. I have been buying EDS tokens for the past 2-3 months and have build up a stack of 1200ish, these are providing us with a 30% APY. I'd prefer to invest into other projects but none are paying a 30% APY and none have a static token price in the same way that 1 EDS is pegged to 1 HIVE/HP.

Going forward, a look into the future, maybe 6-12 months away from now, we will a huge increase in earnings coming back from our gaming account being run by @shitsignals. He was funded with roughly 2500 HIVE 30 months back, he invested it, make profits and has paid that amount back so we are completely 100% freerolling with our gaming account. He has grown it up to be worth currently over 23,000 HIVE which is a 12x gain in 30 months. We have a large in HASHKINGS that has been producing excellent yields for us and helping to fund us strong positions in upcoming games like WOO wrestling and PSYBERX. To give you an idea, our gaming account bought almost 2% of all available WOO APLHA packs and 1.6% of all WOOSATAURN packs. If it turns out to be 1/5th as successful as Splinterlands. We are in the big bucks and so would be shitsignals as he collects 20% of everything cashed out through the spinvest account.

Even at this point, if he were to sell all our gaming assets quickly for $20,000, he would collect $4000 if that as his operator's cut and half of the remaining $16,000 would be shipped out as dividends. But he is smart and understands that compounding and reinvesting will yield much more in the future. If the gaming account takes in 500 this week, he could collect 100 HIVE a week but he's reinvesting so that in 2-4 years from now, he can ship 2500 HIVE per week and collect 500 for myself. He has grown the account from being worth 2500 HIVE to closer to 25,000 HIVE after paying back seed money is factored in. If you can 10x in 30 months and there are more oppunties than ever today and we are better funded, why would be not 10x again? The gaming account could be worth over $100,000 someday and shitsignals would own 20% of its liquidation value. I think that pretty amazing and almost anyone what the drive to succeed can do the same. We funded him with 2500 30 months ago and got our money back around 6 months after. He has since grown the account to be worth over 22,000 HIVE. SPI owns the assets but when cashed out, shitsignals collects a 20% as operator fee. I believe that shitsignals is capable of growing our gaming account into the hundreds of thousands of dollars looking out 5-10 years while also making himself tens of thousands of dollars.

Anyways, I spoke abut longer than I planned there. I meant to write something short. Gaming rewards in 12 months from now should be an important part of our weekly earnings. It's something I personally know little about and is why SPI never really got into Splinterlands or Dcity. Gaming has massive potential and 100x gains are a reality and maybe easier to achieve when compared to selecting crypto to invest into.

If your thinking, shit! shitsignals has it made, he's running a large gaming account that produces over 500 HIVE per week in profits of which can could collect 20%. The gaming account is most certain to grow in HIVE value and if its worth $100,000 someday, shitsignals would get $20,000 if he decided he no longer had the time to maintain the accounts and sold off all our gaming assets. I think our gaming account will be worth much more than that someday.

Anyone can do this if they have a good plan and can be consistent with what they do. If you think, you could run a profitable defi wallet, gaming wallets, stock wallets or whatever, hit me up in the comments and lets see if we can help each other.

Not to much change in our HIVE balances. We are holding around 80k of our own HP and the other 40k being held and used by EDS. Our HBD balance is still growing each month, our interest payments each month are more than we add from content rewards so I think that good. We are currently around 140 HBD each month.

Agina not so much changes here because I've not really been looking at defi stuff over the past 10ish days as I've been busy fixing things from my PC crashed and I had to buy a new one. some goods news is I was able to pull the 4BELT LP from CUB kingdom and get it off CUB. All kingdoms are showing a transaction error so I'm not comfortable holdings funds there. I believe there are safe but I need access at any moment and having to possibaly wait 3-4 weeks is not ideal for me. From all the LP ou see below, I am going running hte 4BELT one with jk6276 running the rest from his spinvest-leo wallet. He also collects 20% of everything he cashes out as an operator fee. EMP has made a recent comeback by growing its peg from 0.5 to currently 0.75, this has added roughly $1000 to that holdings value. If it regains peg, we would gain roughly another $1000.

All in all, not a bad week. Im glad I was bale to rebuild most of the spreadsheet I use so we could have weekly SPI token value charts from year start. The crypto market overall is up this week but I still believe the market cycle bottoms are not in yet and I'm betting that we will beable to convert our 4BELT LP in more ETH than we can get today for it and the same for our HBD into HIVE. Why convert HBD into HIVE today for maybe 18,000 HIVE when we can earn 20% on HBD and convert it into over 50,000 HIVE in 12-18 months if HIVE drops to under 20 cents. Might never happen but its a calculated risk like everything and worth the risk. We could convert HBD to HIVE and earn 15-20% per year with it or we could wait for the price of HIVE to decline and earn equivalent to 300% if based on today's HIVE price. That's where we'll see real fund growth long term. The same will happen 12-24 months after we convert HBD into HIVE when we convert that HIVE back into HBD when HIVE next hits $1-2. With 2 transactions over the span of 36ish months we could turn 10,000 HBD into 50,000-100,000 HBD being converting into HIVE when the bear market has full grip and prices are bottoming out and converting back into HBD when the price is peaking during the next bullrun went he price of HIVE will surely go over $1-2 again. We don't need to convert into HIVE at the bottom are convert out at the top either to make a good profit. As the crypto market matures as an asset class, we do not have many more changes to gain muiltbale x returns and doing a market cycle in 15 years from now, something like BTC might only increase by something like 30-40% instead of 10-20x like it does now. This is assuming BTCs market cap and token price is much larger then than today. Carpe diem

Thats the update for this week folks, i went a little off topic there toward the end but I'm not deleting it, lol. Dividends will have already been shipped out and i wish you a great week.

Thank you for taking the time to read through this week's 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.