Hive Token Hodl - Week 3
Week 3 felt pretty weird. Felt like we saw a decent amount of price change overall. LEOMM had a price explosion, jumped to 13 Hive each, which massively distorts our numbers. On top of that I decided to change my reporting from the instant sell price to the current buy price. This makes my numbers look nicer but I mainly did this so that market spread wasn't making my result so sporadic. Most of these tokens have a pretty steady buy price and I like that stability when it comes to reporting numbers.
Alright let's dive into our hodling:
| Token | Invested | Held | Profit | Weekly Earnings |
|---|---|---|---|---|
| SPI | 16 | 7.08 | -7.5% | 0.001 |
| M | 16 | 17.93 | -0.5% | 0 |
| BRO | 16 | 5.39 | -2.3% | 0.055 |
| LEO Mining Power | 16 | 10.45 | 96.65% | 0 |
| WORKERBEE | 16 | 15.41 | 0.2% | 0 |
I decided to add BRO to our token list. I wanted to include it at the start and finally decided to just add it back in as our 7th project. I really like the project and the returns seem like they are perfect for what I want to do with this experiment. I think BRO is going to be one of the best tokens in this project.
As you can see we are showing a 96% profit on LEO miners after the crazy price jump, I fully expect that to drop back down over time. I think this is really just a case of total lack of supply
City 1:
City 2:
| City | Invested | Bank | Profit | Weekly Earnings |
|---|---|---|---|---|
| City 1 | 16 | 0.32 | 16% | 1.15 |
| City 2 | 16 | 0.48 | -7.8% | 0.22 |
Really good week for City 1, had 2 Immigrants move in which is a massive profit boost. We added 2 forests this week which should really boost our daily earnings for the coming week. It's looking like having the ability to add a few homeless/immigrants each week is going to be a major difference between our two cities. Prices weren't nice to City 2 this week but that did result in being able to add 3 Wind Turbines and almost double our total.
Overall this has been a really slow start to most of our projects. Without the weird price spike on LEOMM, we'd be sitting at no overall profit across all our combined projects. I was really hoping to see slow incremental build up starting by this point. Hopefully we start to turn the corner on all our projects soon.
Posted Using LeoFinance
