Spinvest's weekly earnings and holdings report | Year 03 | Week 37

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 12x 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.

Earning this week are around the same as they always are. I tested out using an AI assistant to produce some content this week and plan to do 1 post per week using it. The still takes as long but it is much better written and optimized for SEO. The income from this extra piece of content should push us to earning around 100 HIVE per week. That will be 2 extra posts from the start of 2023 with the weekly lotto being the other.

The spinvest-leo account run by jk6276 has been sending us 100 HIVE per week consistently for the past 5-7 weeks which is amazing and the gaming account has been growing in assets as well. He is loading up heavy on WOO tokens, their NTF packs and soon-to-be-released lands. If WOO takes off on release, he'll make a killing for us, it's already doing well.

Income token earnings are around the same, it takes alot of capital to increase dividends, which must people don't consider when thinking about passive incomes. When the recent surge in HIVEs price, alot of HE tokens are currently over valued and the prices need to correct. I'd plan to add more INCOME and LABFUND tokens but the timing is not good now with HIVE being high and HE tokens being overvalued.

Our HIVE wallet has seen a nice increase in value over the past few weeks for both HIVE and $ value. $ increase explains itself as HIVE is up around 20% in the past 2 week and up in HIVE because of EDS and that project selling off the last of it's EDSMM miners.

This EDS HP balance which is 66k HP will decline a little each week when the miners sell out but it'll take 9 years to turn from a plus to a negative for us. Without going into to much detail, EDS will flip from being non profitable on paper to profitable in 4-5 years based on minimum growth projections. After that, it's all growth on almost autopolit.

HBD are doing what they are doing and compounding down for us at 20%. Im still adding whatever HBD thats earned from content to the saving account as i'd love SPI to have at least 10k HBD before starting to convert it in HIVE. There is currently 900 HBD in the gaming account and SPI needs to add another 700-800 HBD to get us to earning $2k per year.

Not much change to the HE wallet this week. We have a little more CL, DEFI and LGN compared to last week. CL and DEFI are dividend tokens that rewards there own token and LGN is an airdrop we receive from the BRO tokens we hold. Im not sure how long the LGN airdrop has been running, 4-5 weeks? but i am sure it's growing up and nice and strong quickly with our bag already worth 210 HIVE. And the great thing is there are buys orders and enough liquidity to cash out. We hold LGN and so where it goes, its not often i hold an airdrop if it can hold its price and it produces an income, why not?

Ok, so im looking to ape into something here but im not sure what. My thinking of the markets now is we are over the worst of it and bottoms are most likely in. We see a black swan even where we see a new low but i think the general tread now will be sideways to increasing. At a pure guess, I'd say we'll touch $25k and $30k BTC multiple times over the next 18 months. This will be like when BTC bounced between $8k and $12k 4 years back for 1 year, half it ATH at the time. If history repeats, 2023 could see an average BTC price of around $30k and be a best time for us to start buying back into crypto.

We need 0.03 BTC to start with but im thinking more ETH and other gas tokens. I plan to be spending around $1k per week for the next 15-20 weeks. I'll be funding by converting from our stable token holdings and LPs. Our non-HIVE earnings will decline but what's a 20% APY against 4-5x returns for waiting 2 years? We can get out of defi for a year are 2, we don't always need to be in everything. When we can earn 4-5x returns by just holding for a few years, there's no point to risk the biscuit for the crumbs. During a bull market when everything is high, it's different because we can earn $1000 per week from defi but during a bear market when earnings are under $100 and crypto is cheap to buy, defi farming is not so much worth it.

Im thinking from out stables with roughly $15k, 50% ETH, 10% into 3-4 gas tokens and 10% on a wild card like DOGE are something. It's the BTC of meme tokens so could be a good buy. Our HBD holdings will be converted to HIVE at some point, the market might start to recover during 2023 but smaller market cap tokens might continue to decline further to hit new time lows as they can take longer to recover. On the flip side, smaller market cap tokens during a bullmarket will out perform high market cap tokens. HIVE being a small marketcap could 50x easy from bottom to top, BTC not so much.

With all that said, i have been tempted to pick up $1000 worth of SP500 shares just to have some. These would be held along our small holding of silver ETF's in an AJ Bell account i have and don't use.

Not a bad week at all, the fund is worth a little less in HIVE value and more in $ value so im ok with that.

I've been getting involved with a tribe that is soon to be released and getting SPI's foot in the door. It's still in the whitepaper fine turning stage but they have built a small team already, have a dev and look to be serious. The idea is a backed token tribe right up SPI's street.

This is something i have thought/daydreamed about many times but never wrote about it because I knew if I wrote about it the feedback would have made me feel like I had to do it and tribes are expensive and alot of work that im not capable of. Building small investment token projects is more up our street as an investment fund. Building platforms is something different. Investing into platforms is more like it.

I'll say if they can get the tokenomics to work and project years out to show sustainabitly, this tribe could be the first backed token tribe on HIVE and i wants to need SPI to be a part of that. Watch this space, it could be interesting.

Thanks for checking out this weeks report, i hope you have a great week. Dividends will go out this evening.

Thank you for taking the time to read through this week's 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.