Spinvest's weekly earnings and holdings reports #26

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 have taken a dip compared to the past few weeks. The main reason is SPS has dropped a bit. Both are earning and the price. SPS coming from BRO is about half the normal amount and I listed 2 ALPHA and 5 BETA card packs for sale so we earned a little less as well. The price of LEO has also dropped a little from last week so rewards for leasing dropped as well. 830 HIVE is still ok considering not much effort has been put into HIVE earnings over the past few months. JK is working hard and doing a great job other wise earning would be closer to 600.

I spent a few HIVE this week to buy us some PUNKs. I bought 50 this morning in batches of 10 from the website and then try to FOMO another 50 during the last minutes of PUNKS still be on sale. I did a manual transaction for 50 PUNK but after sales had ended and I was talking to Marky, i was informed the max amount that could be minted was 25. Marky was nice enough and minted us 25 and refunded the HIVE for the rest instead of giving us a full refund. So SPI is now holding 75 PUNKS. Not much other change here, still around 115,000.

Off the platform, stuff is looking very stable with last week. I see there is a problem with interacting with CUB kingdoms. It's quoting 0.4 BNB to harvest, deposit or withdraw from kingdoms so hopefully, that will get fixed soon as we have 250-300 CUB to claim. I also this week get us some SKIPPY meme tokens, we got in ground floor on this, ground floor before the presale starts. I will write a post about this meme token sometimes as there's a lot of work going into it and it comes from a fellow hive user. Anyways, the max amount we could invest was $390 so that's what we invested.

As for the crypto market on a whole, it looks like BTC is taking a break before it's next run. My guess is it will go to $70k+ very soon and then ETH and the rest will follow after 2-3 weeks and ALT season will go crazy.

HIVE is still our biggest holding and if the price jumps by $2-3, it could grow back to over 50%. I have PUNKS updated into this but not SKIPPY yet, I'll have that done for next week.

SPI token price is down a little bit in HIVE and exactly the same in $ so next a bad week.

I guess your wondering what's up with this weeks thumbnail picture

Well, that's one of the PUNKS we got. Infact it's one of the rarest PUNKS minted with one of its traits being a 1 of 2 out of 10,000. I'll write a post about these sometime soon but here are the best 2 PUNKS we got. The 3rd best has a rarity of 600.

The highest rarity PUNK for sale on the market is 3565 and is listed for 30k HIVE. Others with rarities of 2500 are listed at 40k HIVE. Im sure these prices will drop and stabilize over the next few weeks as people figure out what these things are worth. I think our 1500 HIVE investment/gamble will pay off on this one as we've been very lucky. We can see the ID of the rare PUNK is 9623. If Marky had given us a full refund instead of 25 PUNKS and a 500 HIVE refund, we would not have this PUNK. Anyways, Marky says they have a utility, he does not know what that will but he's been thinking about it. So we'll hold these, for now, I might sell off a few PUNKS toward the bottom of our stack to recoup some funds but that's a maybe and not 100%. We'll hold a few weeks and see how the pricing stabilizes.

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.