XV Token Weekly Update | 60 Weeks Remaining

about 1 month ago

XV tokens by SPinvest offer a groundbreaking investment opportunity on HIVE. Investors purchased XV tokens during a 10-week sale and become owners in a diversified portfolio of carefully selected top-ranked cryptocurrencies.

SPinvest manages the portfolio, providing weekly reports for transparency. After a two-year holding period, investors can sell their XV tokens back to SPinvest for potential profits.

Backed by SPinvest's experience and reputation, XV tokens provide a simple and transparent way to participate in the crypto market's growth.

Basket of 15 Cryptos as of 02/04/2023

This market has just crapped itself and we're seeing declines of 5-15% across the board. LTC and DOGE are up a few percent each but the loses for exceed the gains. These weeks have to happen and its not rare to corrections to last 3-4 weeks so we might see more sideways action as BTC floats between $65-72k

Our allocations are all over the place, SOL is against the top holding again and have the feeling to swap it with ADA and put it into the top tier. SOL started out in our 3rd tier and has already moved up one. It really looks look this bullrun will be all about Solana but time will take time.

We lost $991 in basket value this week. Could be worse next week.

The book value of XV tokens this week is 2.25 HIVE so a small recovery from last week. Everything is down but HIVE is down more. We saw last week when we had a small market pump and HIVE outperformed our basket and this week the market is down, we see the opposite happen. This is simply because HIVE being a lower marketcap token sees more volatility in price swings.

Back in the black and the basket value is up 1987 HIVE value this week. We are now floating about 20-25k HIVE profit so we winning by miles and with still 60 weeks to go until we wrap up and pay out, we could maybe see this double again if things work in our favour. Even if we go sideways for the next year, a 2.2x return in 2 years in fairly good for HIVE. I'd bet we'll go higher and smash through 30k profit within the next 3-6 months.

Round Up

Things are going well, we're seeing the market correcting again. I would not say it's a good time to buy as prices might dip further but I can say, it's a bad time to sell because the market can turn at any minute.

Hype coming up the BTC halving event dying down, everyone who is going to buy has bought already and we're all just waiting. We'll normally see the price drop after because the news sells better than the event. With the halving happening in around 3 weeks, this current market drip we are seeing could be the start of smart money-taking profits to rebuild at lower prices before we pump like crazy again.

We will hold our current allocations and wait for another 1-2 weeks to see whats happening with the market. I'll be waiting for a sideways week before re-balancing the basket.

Thank you for taking the time to check this report and stay up to date with your investment.

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