Spinvest's weekly earnings and holdings reports #11

Hello SPI's, here we are at the end of week 11 on year 2. This week has been an interesting one, to say the least. We bought back and burn 5.6% of circulating SPI's, HIVE jumped 40%-50% a few days back, splinterlands is airdropping free cash to everyone and SPI receives its first operator's fee from LBI as its weekly dividends have begun.

This week's earnings is a real mixed bag. CUBlife's earning are down a little this week as the price of LEO increased, UTOPIS is down a little and BroFund is up. Normally it's the other way round but finally, Brofund has added a new token to its dividend payouts and this week APY is finally where it should be. BRO was paying out an APY of 6-7% for the past few months, lucky they have a big Splinterlands deck and earn a crap ton of SPS tokens. I'll take a 15.2% dividend any day of the day on top of fund growth. Good job Bro's, now figure out the next thing for when the price of SPS's collapses, lol.

Compared to last week a few HIVE higher than last week so we are winning. We can see that LBI earned us 92.15 HIVE this week, this is 10% of LBI's LEO earnings. This 10% includes 1% of cublife and ensures that everything drips into SPI one way are another.

I never expected to HIVE price pump to come 2 days after we used 20,000 to of par of the buy-back for 5600 SPI's. The plan was to convert ETH to HIVE and get back around 15,000 HIVE ut after the price pumped, those plans got changed. So now I wait. It would be nice to get back to 90,000. Eddie-earner lost a little value this week as no miners have been selling and I've not been able to do as many buybacks so the circulating supply has increased a few per cent over the past 4-6 weeks. There have been problems with the Eddie-earner account receiving LEO payments from @leo.voter, it seems to do 1 day and skip the next. This is not good as this results in having to pay out more than is earned and that's not good. Oh, FYI. I have started to add our HBD earnings into saving. It earns 10%, why not build a pot and see what happens.

Not too much change in the hive-engine wallet this week. The price of BRO has increased because it's paying out good dividends again and people are bullish. We'll see the spinvest-Leo account shrink as it converts most of its funds from LEO into bLEO to be staked somewhere on CUBfinance. The house of tribes is floating along just nicely and growing a little each week in M4L, CINE, EMDS and EDS tokens.

Oh wait, im just remembering about our ALPHA and BETA splinterlands pack tokens. So they have uber mooned with 15 ALPHA packs selling for 500 each. I quickly listed at 450 but price but other undercut that price and sales stopped for over a day. I delisted the sell order in order to continue receiving daily SPS rewards. These ROI's will go down but even if they do by 50%, it's still much higher than it was a few months back.

Off platform investments are always fun and this week we have good news as mostly everything has pumped a little. We hold around 0.035 less BTC compared to last week as it was used to complete the 5600 SPI buyback. We earned this BTC from interest and it paid for over 1000 SPI's so it was for free 😁. The spinvest-leo BSC wallet is increasing and has gone into 5 figures again as funds are being converted as keep an eye on this, could be a good one for future dividends as we plan to convert 50% of the harvest to LEO to be sent to @spinvest. I have an idea for the houseoftribes account buy I gotta speak to a man about a dog first and see what the craic is. If spinvest-Leo is not LEO curating, I'd like to curate a little from the houseoftribes account and basically funnel LBI's earning's into houseoftribes and follow LBI's curation trail.

Considering we lost 5.6% of our total assets this week, we are doing ok. The HIVE price has dropped a little and the dollar value has increased a lot. HIVE, BTC & ETH still dominate the lion share of our holdings so if the bull run is still on, we are heading into it with a strong hand.

Earning this week were on par with last week so we can be happy for this, crypto has been pumping all week so our bags are 26% heavier than thy were last week and the HIVE price has decreased by 3.3% so SPI's are on sale on Hive-engine.

Put in your buy order at 3.9 and wait for it to be filled. You'll get yourself an 11.5% discount to the true value. Would you pay 88.5 cents to get $1 worth of SPI tokens? You see the breakdown for each token above, actively managed fund that pays you weekly div's and the token price grows in value as well....what?!?!

Nuff said,

Killing it from 2019

Hope you enjoyed and are happy with this weeks report. Have a great week, i hope its productive and that your bags pump.

Posted Using LeoFinance ^Beta