SPI weekly earning and holdings Report | Year 05 | Week 34
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 better than last week but kind of low compared to the normal 450-500 HIVE we have been earning. The rewards we've been getting from a project we delegate to have declined and I have been moving away from it and back into leo.voter because it is consistent even if its APY is lower than advertised. Content rewards this week were bad because these are based off last week during Christmas when a few days were missed. Next week will be the same but not as bad.
Not much change to our HIVE wallets. Eddie-earner is still bleeding out HP each week and i dont see that changing anytime soon to be honest. Its not a bad thing and it'll not last forever, it's part of the EDS model and is what it is. Im starting to looking at our HBD balance and thinking it could maybe be put to better use and could be invested into crypto before the proper bullrun begins. 20% per year is cool but 3-5x over 2 years sounds better and could be done with a few top 20 cryptos. Im on the fence to be honest but we should take advantage of these cheap prices before things pop off.
Our HE wallet is just doing its thing. I have stopped looking for HE token opportunities because no matter what I find, there is no liquidity to buy or sell any decent amount. If we had really good investment tokens on HE, people would buy HIVE to invest and this would be good for HIVE. We hold what we hold and i have no plans to buy or sell everything for at least a year. If something amazing is released, i'll break this rule.
Our non-HIVE wallets are doing ok. The past few days have been really bad for most cryptos but a few are still up compared to last week. We can see in the below weight table that 1 BTC is now equal to over 125k HIVE and the ratio has now increased by 25% over the past 8 weeks alone. It'll not take much more before BTC become our top asset. It will be short lived but it's interesting to watch this same pattern repeat this cycle as it did last cycle with STEEM/HIVE.
We finish the week strong with a fund gain of 1.95% bringing us to a YTD total gain of 11.29%. With a yearly target of 205 growth per year, we are on target with 34 weeks gone. I feel however that we will be more growth towards the end of the year and we'll destroy 2025 assuming its a bull year.
Double dividends will go out this week because last weeks were missed due to it being the holidays and me having other commitments. Sorry for any convenience.
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 |
| DAB | @dailydab | DAB |
| DBOND | @dailydab | DBOND |
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, @lilolns19, @riandeuk
!BBH
!PGM
!LOLZ
!PIZZA
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
lolztoken.com
It's a little cheesy.
Credit: boboman
@spinvest, I sent you an $LOLZ on behalf of ericburgoyne
(1/4)
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ
$PIZZA slices delivered:
@kryptof(10/10) tipped @spinvest
ericburgoyne tipped spinvest
(I think I said a similar thing on another post 😂)
Which project is this?
Is there a plan to grow spinvest's EDS holdings? Any thoughts about the new EDSD token and its potential for spinvest? Looks like EDS is just under 5% of H-E holdings at present.
Glad you had some holidays over the Christmas break. Here's to 2024! 😍
SPI is my main focus. EDS, DAB and LBI are fairly simple. But ya, I always say, im going to relax for a year and not release anything and the next month...NEW TOKEN!!!. I will not pull the trigger and buy anything, I just know it's a good time to buy. Having some dollars is ok cause as you said, we dont know what's coming round the corner. I had planned to convert our HBD into 50k HIVE if HIVE dropped to 20 cents and we could convert that HIVE back into HBD when HIVE hits $2 are gets close but dont think thats happening anymore. Maybe if it drops to 25 cents, it would be worth considering.
empo.voter. We still have 20k HP there but I'll remove it 5k at a time over the next 4 weeks. We knew this would not last forever but it's dropped quicker than i'd hoped and lost 40% of its "soft" peg value because only sell orders.
As for EDS, yes i would like to stack more for SPI. We delegate 10k to eds.vote and get around 8 per week, not much but little and often they say. Going forward, if we can convert HBD into HIVE at 25cents, at least half of that HIVE will go to eds-vote for around a year and if we can convert 1 BTC into 200k HIVE, again half will go to eds-vote with the other half being used to boost our cashflow and divs a little for around a year.
Thank you, Christmas felt short this year but was good. I hope you and family had a good one as well :)
👍 💪
I know what I would do with hbd atm: swap it to btc and swap that later on back to hive and hive back to hbd before the bear wakes up again.
A relatively safe game.
But almost every other token is better than hbd atm bc the bullrun is coming xD
Oh yes, i have spoke about this alot and what you suggest is the exact plan i have for SPI BTC. Im waiting for a ratio of 1 BTC to 200k HIVE and when HIVE moons for a few weeks at the end of the bullrun, i'll get out if the ratio drops back to 1 BTC for 50k HIVE. Plan is start with 1 BTC and finish with 2 BTC and 100k HIVE (which will be sold at the same time in USD for hold for 1 year)
Last cycle, Jan 2021. 1 BTC was 330k HIVE and by Dec 2021 1 BTC was around 23k HIVE.
My targets are 200k and 50k for a 4x gain, i think doable, what do you think?
Haha yep I have the same plan. I am still swapping most of my rewards for BTC and borrow USDT with it to buy stuff.
200k Hive for 1BTC should be possible (130k atm I think) especially if the BTC-ETF gets green light xD
I will try to swap Hive to HBD and wait for the bears to wake up in 2026 to get back even more Hive. And if HBD still offers 20% apr I can lean back and wait bc I am still earning 20%.
So a 4x is definitely doable.
Can't wait to see the price of SPI afterwards xD
count me in
!PIZZA
!ALIVE
!DHEDGE
you have 0.0 vote calls available today, your vote calls will reset at next snapshot. You can buy DHEDGE on Tribaldex or earn some daily by joining one of our many delegation pools at app.dhedge.cc to increase your daily amount.
@spinvest! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ kryptof. (10/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
in for what?