Week 5 - Hive Engine Hodling
Well it's been a pretty big week for LEO with lots of action surrounding wLEO and LeoFi. That didn't have huge impact on our plans but there has been a significant amount of pressure on the LEOM & LEOMM markets. I think I'm going to power down the LEOMM's and sell them just because the prices are so out of whack right now. I might be able to sell them for 40 Hive when really they are only worth around 10 Hive. I'd put all the earnings back into LEOM for more hodl action. Sometimes the market is just too damn good to hodl everything.
Alright let's dive into our hodling:
| Token | Invested | Held | Profit | Weekly Earnings |
|---|---|---|---|---|
| SPI | 24 | 10.63 | -0.5% | 0 |
| M | 24 | 27 | -1.3% | 0 |
| BRO | 24 | 8.14 | 1.7% | 0.133 |
| LEO Mining Power | 24 | 20.45 | 49.5% | 0 |
| WORKERBEE | 24 | 23.13 | 10.8% | 0 |
We didn't mine anything this week and still aren't getting any payouts for SPI and M. This project doesn't work great if we don't have anything to compound interest on! Overall the miners look good and we are seeing slow growth on BRO which should propel that project upwards with each passing week.
Okay let's jump over to our two dCities:
| City | Invested | Value | Profit | Weekly Earnings |
|---|---|---|---|---|
| City 1 | 24 | 30.84 | 28.5% | 1.22 |
| City 2 | 24 | 29.73 | 23.87% | 0.57 |
Another solid week in dCity. I really think this game is fantasic for earnings, even on a small investment. You don't have to be top 100 to see amazing returns and our payouts continue to grow with each passing week. In my opinion City 1, where we have been buying Luxury Homes & Forests, is going to greatly out perform City 2, immigrants and Wind Turbines, just based off of being able to attract homeless and immigrants each week. Even only attracting one immigrant this week, gives us a 0.5 Hive boost in earnings which is substantial at this point in time.
Overall this week was a step in the right direction. Not all of our projects had great weeks but we pushed our combined daily earnings up to 0.79 Hive and I'm very happy with that number after only 5 weeks. We should eclipse the 1 Hive per day marker in the near future.
This is just an experiment I am running to see if I can gather some data on what some cheap and easy investments might be on Hive Engine. This is just for fun!
Posted Using LeoFinance
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