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Spinvest's weekly earnings and holdings reports #29

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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.

Back to reality this week, earnings for this week or 522 HIVE. I notice that pretty much all the dividend-paying tokens are paying less HIVE as its price has 3x over the past month from 80 cents. BRO, UTOPIS and SPI are all paying out less HIVE each week, it's worth more in dollars but worth taking note of all the same. This is why when SPinvest created its HIVE income token (EDS), we build it in a way that HIVE dividend amount were not affected by the price of HIVE. How? by making it a 100% HIVE backed. Its only asset is HIVE and that is why you'll never get less HIVE even if HIVE is $20 per token. This is something alot of people missed about EDS.

Back to SPI, earning were pretty down across the board, some LEO stuff did better this week as the price has increased around 10% and we earned alot last week while the price was very low. We took in 1526 LEO alone from our HP delegation to leo.voter (leasing) to give you an idea. Last weeks leasing rewards were under 140 HIVE so big jump this week because of the LEO price increase. UTOPIS has fallen off bad this week, -82% = WTF happened? Maybe there were a few transfers missed are maybe it has something to do with the price of HIVE mooning while ETH has travelled sideways. Maybe both, im just guessing.

We'll release 106 SPI's for dividends this week. The normal amount is around 120 so down a little. SPI's have been dropping in HIVE value as the price of HIVE increases, this is the effect of having non HIVE holding. It's the same reason for SPI's massive price increase to over 7 HIVE each around a year back when HIVE was under 15 cents. I welcome the HIVE price of SPI going down, it means it's dollar value is increasing plus it's very hard to push us under 1.9ish HIVE because of our HIVE and HE holdings.

Anyways, 520 HIVE is not great but it's not bad either. The amount of SPI tokens paid out is around the same so it's all good.

I've moved some funds over to Binance to prepare for when the time comes to do an epic HIVE flip. If HIVE goes to $4 and we sell in a stable token, we can hold that stable token for 18-36 months while earning 8%+ APY and buy back into HIVE when it drops to 80 cent during the next bear market. This is theory would convert 18k HIVE into 90k HIVE which could be powered up to increase earnings and be ready to pump our bags in bullrun 2025.

spi-steemcity converted 2100ish HIVE out at $2. He has converted to HBD and will add this to the saving account in his wallet to earn 10% with the same plan of buying back into HIVE in 18-36 months time.

I have been selling off some of our long term holdings or trying to sell them off. Things like ALPHA and BETA pack tokens have been sold and massive profits converted to HIVE and withdrawn to Binance. FYI, I hold on Binance because I dont wanna see HIVE pump to over $5 and then see I cant deposit funds due to high volumes because everyone else is doing the same thing. I'll be prepared this time around.

Pretty much everything is down on last week, in terms of $'s as the crypto market had a huge red day. I think RUNE got hit the hardest for us as it's gone from profit to lose over the past week. This will happen more often then normal of we are in the last stages of the bull run, if we see a huge green day soon the good times are only getting started. If BTC can crack $100k, epic things will follow for HIVE and everything else. Could 6 figure BTC equal 2 figure HIVE? probably not but it's nice to dream.

The HIVE price has increased some this week, back up to 2.45 HIVE per token. Remember when an SPI tokens cost under 15 cents? That blows my mind when i see it at $4.50 today. It actually peaked out at over $6 when HIVE was near $3. Alot of our HIVE is locked up so we'll not be able to take advantage of any price increase with that portion of our holdings. Our powered up HIVE is used for producing an income so it's safe from me selling/trying to flip it, lol.

It's been a rollercoaster week have the fund being worth almost $600k at one point to being worth around $410k today. This time 1 year ago the fund was worth 425,535 HIVE worth $56,170. We've dropped alot in HIVE because it was 13.2 cents 1 year ago and it has increased 13x since then to today's price of $1.80 so being worth half the HIVE is not too bad. 1 BTC 1 year ago was worth 167k HIVE, today, 1 BTC is worth 27,500 HIVE but a year ago today 1 BTC had not cracked $20k yet so we've still seen growth, just in a different way.

Our core goal is to increase HIVE holdings over the term long so some of the actions you might see me doing over the next few months might look opposite to that. I have already started to sell of some of our positions in BRO, UTOPIS, ALPHA & BETA tokens to get the HIVE and be ready to do a flip that will take 18-36 months. It's not that I dont have faith in those projects but I can see a bigger HIVE profit to be had and starting to get things done before it's too late could potentially help us to increase our powered up HIVE position 2-3x for bullrun 2025.

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.