SPinvest's - Weekly Holding Report #38

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Hello and welcome to this SPinvest post
SPinvest is a tokenized investment fund/club for all users of social blockchains. Everyone is welcome! The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. This lets SPinvest offer an ROI of 20% per year on SPI tokens. We encourage long term investing on and off the blockchain. We hope someday everyone will HODL some SPI tokens that can be bought directly from @spinvest are through the steem-engine are dex.steemleo exchanges.

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Holding Report

Hello everybody, since the launch of HIVE i have fallen behind with the SPinvest holdings weekly posts. It's time to start getting anything back on track. Total holding this week in terms of HIVE have mooned but this is a result of HIVE's value dropping by almost 50% in the past few days. We have processed our first power down and now hold $1300 worth of tether that is earning us 29 cents a day while in holding. The holding report looks good this week but it's a trick because we actually lost about $6000 when HIVE tanked in price. Maybe going forward, these should include a total fund dollar value.

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2 weeks ago, HIVE holding represented 58% of our total holding, with the recent tank its dropped down to 36%. STEEM now represents 53% of the total fund and keep in mind, that we converted 7500 STEEM yesterday into an off-platform investment.

The total fund today is worth 240,392 HIVE tokens worth $25,166, this time 2 weeks ago the total fund was worth 154,470 HIVE tokens that were worth $37,400. This goes to show that as the fund grows in HIVE amounts, it's dropping hugely in dollar value with HIVE being the problem. I hope the price of HIVE recovers but im not holding my breath.
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