SPI weekly earning and holdings Report | Year 05 | Week 15

Welcome to the weekly SPI Report

Each Sunday, @spinvest uploads an earnings and holdings report to keep investors up to date with fund performance and news. You can subscribe to these weekly reports in the comments.

SPI is the flagship growth token for the SPinvest fund. Launched in June 2019. SPI tokens act as both a token of ownership and a governance token. Since launch, we've been able to 7x the HIVE value (including revaluations and token split) and 12x the dollar value of the fund.
We are now in our 5th year of operation and still going strong as we stick to our plan of investing the bulk of our holdings into time-served investments and HODL.

Our motto is = Getting Rich Slow

In our expansive portfolio, we are involved in over 30 investments, with a significant portion dedicated to HIVE, BTC, and ETH. We firmly believe in avoiding impulsive actions driven by the fear of missing out or chasing unattainable aspirations. Instead, we rely on tried and tested strategies that have proven to be the most effective and secure.

Our guiding principle is to accumulate wealth steadily, adhering to the philosophy of "Get rich slowly." We employ the power of compounding by consistently reinvesting in sound opportunities to amplify our returns over time.

When considering SPI tokens, it is essential to adopt a long-term perspective, aiming to hold them for a minimum of 3-5 years. Our rationale behind this recommendation lies in the belief that substantial returns require patience and allowing investments to mature organically. By committing to an extended investment horizon, you significantly increase the probability of maximizing your potential gains. This aligns perfectly with our overall investment philosophy and strategy, ensuring sustainable growth and profitability in the long run.

Earnings this week are pretty standard at around 500 HIVE. HP leasing, content and defi income from JK6276's account are top earners this week.

---

---

---

It's been another boring week with not much happening within the crypto space. The fund has seen a little growth and YTD we are now up 4.35% which is not bad. At week 15 were almost on target for our 20% growth per year.

I have been looking into defi this week and in particular, looking into staking on pancake which offers some really good yielding LP's for BTC. I see if we pair BTC off against BUSD, we can earn a 28% APY, this is split 14% into pancake tokens and 14% reinvested backed into the LP. My guess would be that BTC will decline mostly for the rest of the year and such an LP could be very profitable based on impermanent loss.

Either way, I was just looking. I get moments of weakness like that when I think, we have $25k of BTC and $5k of ETH just sitting not earning anything when it could be yielding 20-30% per year. We're missing out on $120 a week in potential harvests but then i remember, whats $120 a week?, $6k a year if we expect BTC itself to be worth over $100k by the end of 2025. Its not worth the risk to have it sitting on a defi platform. I can see it now "Pancake gets hacked" and we lose our BTC.

Anyways, that is this weeks report, not much to report to be honest. Weekly dividend will go out this evening.

Links to all projects under SPinvest

Token Name	Main Account	Link to hive-engine
SPI token	@spinvest	SPI
LBI token	@lbi-token	LBI
Top XV token	@spinvest	XV
Eddie Earners	@eddie-earner	EDS
EDS mini miners	@eddie-earner	EDSM
EDS micro miners	@eddie-earner	EDSMM
CUBlife	@lbi-token	CL

Stay up to date with investments, fund stats and find out more about SPinvest in our discord server

Tag @spinvest to a comment below saying "I wanna Subscribe" and I will tag you in future SPI weekly reports.

Sub List:-

@ericburgoyne, @mikezillo, @shanibeer, @oldmans, @roger5120