SPI weekly earning and holdings Report | Year 05 | Week 21

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 have been nice and were boasted from some content rewards. Leasing rewards and defi earning from JK6276 wallet are consistent as always.

Leasing is our top earner as always followed by content, followed by defi .

Overall, we're seeing our overall HP balances flatlining but this is starting to turn into a plus each week. I have explained many times before that because if EDS's model, its HP balance drops each week as new EDS are minted and backed to HIVE. This is starting to turn around were the account is getting closer to earning more HIVE than it uses to mint EDS of that makes sense.

Our HBD balance is worth a little less HIVE this week compared to last week. October is normally a good month for crypto so we might see this trend continue where HIVE increases a few cents each week.

Not too much change with our HE wallet this week. I have been considering selling off a few hundred BRO tokens. I dont like being overexposed to something that does not have the liquidity to exit 13k HIVE worth in under a day. On the fence about it and it not personal at all.

Not a bad week at all. SPI has started to look more like a stable token in the past few months with its price ranging mostly between 3.9 and 4.1 HIVE from the start of the year.

I have been working on the sides with Dailydab and trying to expand it out to the masses. I plan to include that in those reports but not for a few months until the account is seeing consistent growth. It is already, I mean I what to strengthen the foundations.

Dividends will go out this evening and I wish you all a great week.