SPI weekly earning and holdings Report | Year 05 | Week 16

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.

HIVE income this week is pretty much the same as last week at 495 HIVE. We've not had any dividends from BRO in 14 days which is a little worrying but im sure they will come through. INCOME, DAB and EDS are all preforming consistently and HIVE content is about the same as well.

I do plan to change delegating HP from leo.voter to a new HIVE curation project that has not been released yet but i'll talk about that and explain more in a separate post i guess. The project has taken inspiration from EDS so could be a good one for us to get involved with to build up a little more HIVE income.

Same as always, we see a small decline in the HP balance because of how EDS is set up. This will start to change within the next few weeks as EDS is now powering up more HP and this will counter this decline.

Our HBD balance is sitting pretty and because of the HIVE dip this week, we would now get 49k HIVE for our HBD. The goal is around 60k HIVE for our HBD so we're getting there. I dont like to give bad news but we're still in a bear market and prices can still drop even more. What's more likely for HIVE next? Under 25 cent or over 30 cent? based on the current state of the markets and were we are within the crypto cycle. Anyway, im sure we'll get out 60k HP someday within the next 12-18 months and then @eds-vote will get a massive boost for around a year.

CUBife has been wrapped up so we need to sell our tokens back to that. Our CL tokens are currently being unstaked but we had alot and we'll get 2300 HIVE back for them priced at 0.65 HIVE each. Not sure what to do with those funds, HIVE is too cheap to convert it into HBD. Maybe just power it up and up leasing income by a few %.

Gaming took a hit this week but we're up like 5-6x so whatever. This account could grow into a 80-100k monster next bullrun and produce crazy income for 6-12 months when the getting is good. Anything else we hold is about the same as last week.

Our SP500 investment is turning into the best investment of the year so far being up around 15%. I invested into ADA and DOGE at the same time so its outperforming crypto. PEPE has sadly fallen out of the top 100, if it continues to decline and we drop into a loss, I might FOMO another $100-200 into it because it is a popular meme token with many variations and it will 100% pump next bull cycle.

All of JK's LP lost value this week but its not been a great week for crypto, well SPS mostly, haha. Overall our non-HIVE holdings as doing ok and doing what they are supposed to be doing, just waiting in our wallets to be sold off or converted when the time is right. Months and months away

The SPI token price has increased this week to 4.27 HIVE so it's been a good week overall. The fund increased by 3% putting us at +7.5% YTD. I'd expect over the coming months for the fund to continue to increase in HIVE value as non-HIVE holding preserves dollar value better than HIVE. This means the SPI token price will increase like crazy over the coming 12-18 months. Last cycle, the price peaked at over 8 HIVE per SPI token in Mar/May 21 and then 4-5 months later as HIVE was trading at over $2, the SPI price was back down to under 3 HIVE per SPI. I expect the same thing to happen this cycle.

Fairly happy with how things are going, we're cruising the cycle wave and going with the flow. Our bags are packed, we're waiting to pull the trigger on 2 trades and then we're ready for moon time. Do we have the tech yet to fast forward 12-16 months?

Its been another good week, the markets are going sideways mostly so kinda boring. Thank you for taking the time to check out the report. Dividends will go out this evening :)