Spinvest's weekly earnings and holdings reports #27

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.

Earnings this week are down big time and this is one of our lowest weeks this year so far. The main reason is alot of our earnings come from LEO through leo. voter, bro, Cublife and LBI and because the price of HIVE has increased massively over LEO this week, our earnings in LEO result in less HIVE. Another thing that hurt us a little was the price of SPS token going down as well affecting BRO, gaming and SPI-LEO earnings. As a dollar value, we earned more than last week but it's worth less than HIVE because HIVE is up 32% from last week.

Glad I never sold off the 15,000 HIVE sitting on Binance as the price of HIVE has kept going up since. Not much change with our HIVE holdings from last week.

Been looking to sell off some LEO tokens to buy back some SPI's from the market but the price keeps going down against HIVE and im now planning to hold until we can sell for a higher price. It might take a few weeks are months but I'd rather hold out for a better price, HIVE might correct shortly, its been on a roll lately.
Seed is performing very well for a newish project. I read it's weekly reports and the projects is very transparent and everything is detailed very nicely. I like this openness. With BRO and UTOPIS i dont really understand how they operate and where all the funds are so it's nice to see a project that's 100% open with all assets displayed and accounted for.

All our holding are down a little from last week but luckily, HIVE's price increase has dwarfed our losses and pushed the SPI fund to all-time highs.

The total SPI fund is worth 298,000 HIVE making each token 3.31 HIVE. It's been a rollercoaster this past year seeing the token price go from 2 HIVE to over 7 HIVE and now falling back down to 3.3 HIVE. Our off-platform investments are the main reason for this.
At the bottom, you'll see PUNKS. I have no idea how to value these so i have 3x our investment based on the fact the floor price is 30 HIVE and we have alot of really good PUNKS. I think an average price of 60 HVIE is fair for us at the minute.

HIVE has saved us this week, lucky it's our biggest holding 😎. I'd say that in terms of dollars, all wallets are in profit. In terms of HIVE, it's been a rollercoaster. I think SPI's fate is the have high HIVE prices during a bear market and low HIVE prices during a bull market.

Anyways, the roundup, it's been a great week for us. The fund is worth over $350,000 and I starting to think it's possible for us to cross over the $500,000 mark before this bullrun finishes. November is known as a good crypto month and there's still just over a week left so fingers crossed the rest of the market turns around and super pump our bags.

Next 20%+ HIVE pump 1st DEC.

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.