SPinvest weekly earnings and holdings reports #30
SPinvest is a tokenized investment fund/club experiment open to all HIVE users. The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. We encourage long term investing on and off the blockchain. We hope someday everyone will HODL some SPI tokens that can be bought directly from hive-engine by search SPI.
SPinvest has a proven history of success
Good day and happy Saturday to one and all. This week has been a rollercoaster with Bitcoin almost hitting $20,000 before a huge drop taking the rest of the crypto market with it. The total fund went over $56,000 for a few hour's and has since dropped back to under $50,000. It's nice to see violent market swings again because, in crypto terms, that's means we are about to pop. You all remember in 2017 when BTC would jump 40% and drop 15% many, many times over the course of a year? I think, hope, pray this is the first of many mini pumps and dump cycles as we enter this new bullrun. HIVE might float sideways for a long time and I do not think it will ride the bullrun, the price should increase but my personal thoughts are it'll not set a new ATH price.
In other news, earning are up this week to over 1300 HIVE. This increase in earnings is solely coming from the spinvest-leo account that has started to produce content. Thanks to @metzli and her "how much does it cost" series, content earning this week were almost 800 HIVE in total. BroFund made another investment into Dcity which has increased their div payouts and everything else has stayed steady.
As far as holding, i increased our stake into the ETH/USTD LP buy another $1500 and i bought 2000 BROAG tokens on HE. This is a new token from BRO, it's a risky investment, not normally SPinvests cup of tea investment but we'll take a punt and HODL. I expect either great reward are nothing, no middle ground. I've moved 1 ETH over to JK to help him build the wLEO pool he doing quicker and as the rest, we're HODLing :)
Accounts | Purpose | Operator |
---|---|---|
@spinvest | Main account and bank | Many |
@spinvest-leo | All curation is done from this account | @jk6276 |
@spi-steemcity | All gaming is done from this account | @shitsignals |
@spi-payments | Used to pay out weekly dividends | @silverstackeruk |
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So I missed how I join? I'm interested in joining although my "investment" would be pretty small to start with. I like your get rich slow statement. That is something a buddy told me sometime back.
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The SPI tokens are available for sale on Hive-Engine/Leodex.
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Oh, awesome. That is easy....
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Welcome to the world of crypto newcomers. The roller coaster rides are big. This is why long-term outlooks are vital. The swings will be big but, in the long run, we will see upward trends.
What makes SPInvest unique is the fact that we can help to influence the ROI that the fund receives through out activity such as posting and upvoting.
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i love the swings, lol. The redder the streets get, the better the next bounce :) The next year is gonna be a crazy one. Glad to be on the journey with you :)
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We need to aim for 500% growth for SPI in the third year.
Or is that being too greedy? LOL
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What's that old saying? "Slow and steady wins the race." SPinvest just keeps chugging right along! Keep 'em coming!
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Damn right, the old motto's are the best time tested mottos.
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i've been thinking about doing this for a while
4.3 hive is pretty spendy for me(its been a hella rough year) - i got an order in at 3.5 - who knows - maybe i'll get lucky
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You might get some down at 3.5, i seen someone last week dump about 500 tokens and the price went down to 3.25.
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https://twitter.com/Bhattg18/status/1332884358617657344
I'm glad the series brought in a bit of income.
Anyone interested in writing a few articles is welcome.
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