Spinvest's weekly earnings and holdings reports #36

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.

The price of LEO is up a little this week as HIVE has crashed with the rest of the market so we see a small upbeat in earnings this week. Dividends from projects like BRO and UTOPIS have gone to almost nothing as we've sold off alot of both. Other streams of income are so so and ticking along.

Do not worry know what to say, the market has crashed pretty hard this week. The fund value is up alot in HIVE which has pushed the SPI token price up to 2.88 HIVE again. What happens next? I have no idea, we still hold everything and if anything, im tempted to convert some stables we have to add more THOR to our holdings as it's very cheap right now.

I almost added another $1000 to the BEESWAP HIVE/BUSD LP but because HIVE is down to under $1 again and I thought it will go higher again, I think it's best to hold off and not risk losing a bunch of HIVE to IL when it does go up again. Sometimes just holding HIVE liquid can turn into the most profitable thing to do with it.

Anyways, I think for the next weeks, things in the markets will go sideways at best. The stock markets are crashing as well with news of inter rate increases and I dont see the crypto market picking up until stocks have recovered first so we could be in a multi-month wait. With SPI being long term, this is ok and we are prepared to play the long game.

Thank you for taking the time to check out this weeks report. I hope you have a nice weekend and fingers crossed, this week we dont lose another 20% of our $ value in a few days. Have a great 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.