Spinvest's weekly earnings and holdings reports #24

Hello, SPIer's. Today is Sunday and we end the SPI week with our weekly dividend payment this evening and every Sunday at 21.00 GMT.

What is SPI?
SPI tokens are growth investment tokens that pay a weekly dividend. They have been circulating for over 2 years, on STEEMHIVE. Mostly sold for 1 HIVE, each token today is worth over 4 times its HIVE issue value and 22x its dollar value. On top of that, token holders receive roughly 8% more SPI's every year from weekly dividends. We raised $13k from issuing SPI tokens for the first year which has been used to grow a diverse portfolio of investments, many of which provide streams of passive incomes. SPI tokens are part ownership of all SPinvest tokens/accounts, assets and income. The price of each SPI token is its liquidation value as SPI tokens are 100% backed by holdings. Handcapped to roughly 94,000, no more can be minted are issued. Adding, hold and compounding has us on the road to major growth and these tokens are still growing in value.

SPI tokens are part ownership in an actively managed fund. We have our hands in over 20 investments with the lion share being HIVE, BTC & ETH. We dont FOMO are chase pipe dreams. Tried and tested works best and is safest. Our motto is "Get rich slowly" and compounding down on sound investments is our game. You should invest in SPI tokens with the mindset of not selling for 3-5 years minimum. Let's have a look at this week's on-chain HIVE earnings.

This week's earnings are ok at 850, 800-1000 per week looks to be the new normal. We can see that earnings across the board are in the red for whatever reason. I would like to invest in something that produces us a new source of income as dividends have been going down, im aware of this but at the same time, at this point of the crypto cycle, I dont wanna be locking away that much HIVE into low liquidity HE tokens/projects.

We troop on and try to remember the bigger picture, put off small gains today for bigger rewards later.

This is steady at 115k HIVE and if HIVE pops to $2-3, we'll see the SPI token price explode as 33% of our holdings are in the form of HIVE. Actually, the token price valued in HIVE might drop but the dollar value would increase. I view that as a win either way. There is 15k sitting Binance for just in case. I remember in 2017 having problems with some exchanges depositing STEEM when the price was peak mooning and I'd like to be prepared this time around.

Not much change here. I notice the gaming wallet is growing so HASHkings must be working out ok. Whatever SS is doing, he's doing great. Seed looks to be reforming well as they have got into a few ICO's early and picked good. What SEED does is something i would like to do but dont wanna put the time into to do it properly so being able to have exposure to researched and selected pre-sales/ICO's/IPO's is really good.

ETH hit new time highs this week so buying them at $330 when we did is looking genius. Normally when we have a 1300% gain on an investment, it would be a good idea to sell and that would be good advice but I think we all feel ETH will go a little further before the bubble pops. Some are saying it's gone past $10k. We've got 5.6 ETH on the CUBfinance belt kingdom and 0.5 on Celsius.

Ohh, look at RUNE by the way. It's way up this week, so much so we're now booking in a 50% profit on our investment. If the crypto tides have turned, RUNE could turn into another 5 figure holdings for us. Exciting times for sure.

Not exactly sure about the peak price for SPI tokens but $3.15 is the highest I have ever recorded at it so right now in terms of dollars, 100% of SPI token holders are in profit.

Earnings this week are ok but holdings have increased nicely and that's much more important for us it this stage of the game. Of course, earnings are still important for the dividend. I look forward to the coming months and the rollercoaster of emotions we're about the journey on. Let's hope we can come out of it smelling like roses.

In other news, I had an idea to do something with the SPI token. So right now the SPI token is valued on the assets it holds, its HIVE, BTC, ETH, etc but SPI also pays out a weekly dividend as well that is not priced in. SPI's do not sell with a premium price on HE and never have. They always sell at a discount. Now I cant just say ok the dividend is worth 7% so the token is now worth $3.37 instead of $3.15 but we can do something else. SPI keeps its weekly earnings to HIVE earnings only including whatever JK is doing with his part of the fund. None of our off-platform holding earnings or included as they are either compounded or converted and reinvested.

Now, this is a crazy idea but what if the SPI token were to be split into 2 tokens. 1 token represents SPI growth and another represents SPI income. Why do this? For a few reasons. If this were to be done, we could revalue the SPI growth token back to 1 HIVE. At today's SPI value of 3.9 HIVE, each SPI token holder would receive 3.9 SPI growth tokens for every 1 SPI they held. This would allow SPI to open up on issuing tokens again, maybe for a limited time to allow new investors to invest. Resetting the price back to 1 HIVE would be more of a play to make SPI tokens look cheap again. The SPI token you hold today would become an income token with its own value. Based on the SPI token being 3.9 HIVE and paying out a 7% div, this token would be valued at 1.3 HIVE each based on a 21% dividend in HIVE. The new SPI growth token would be valued at SPI's assets as the SPI token is today. New investors buying the SPI growth token at the 1 HIVE price would be buying into SPI's growth, not dividends. Of course, 50% of HIVE earnings would be used for reinvestment so it's not like nothing would be gained from HIVE earnings to SPI growth token holders.

Anyways was just thinking about something like this. I asked a few members of the team and they liked it. It's basically an airdrop on SPI token holders that divides SPI tokens into 2 tokens. 1 that's valued on the assets it holds and 1 that is valued by the market based on its income yield. If other tokens like BRO were to follow suit, we could create and alot of new capital in the HE fund/investment token space.

By the way, this sort of play would come after the bullrun is over and SPI would have a more stable token value. There will come a day soon when we need to convert some holdings into stable tokens to lock in profits. The plan would be to issue at the startish of the bear market at the revalued 1 HIVE price and watch the HIVE price increase as the next crypto winter takes place and stables push the HIVE value up.

Just an idea for now, what do you think?

Thank you for taking the time to read through this weeks SPI earnings and holding report. We post every Sunday to keep our investors up to date so please follow the account if you would like to track our progress.

Posted Using LeoFinance ^Beta