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.
Few Updates about what's been happening
Bitcoin going to $9,000
Just putting this out there to make token holders aware that if Bitcoin drops to $8500, SPinvest will be parting with $2500 worth of tether to buy 0.30 BTC. If the price further drops to $8000, SPinvest will buy what is needed to have 1 BTC.
If the price starts to climb again, we remain on the current plan of converting STEEM power-downs to BTC.
This weeks dividend payment (today)
Last weeks first dividend payment went out to every SPinvest token holders without a hitch. Great work is done by @gerber. This weeks HIVE earning are a little more than last weeks but the dividend remains the same as it is a small amount spread over 96k circulating tokens.
Just out of interest, i worked out the ROI paid out per token reward level. Figures are all worked out based on the SPinvest token HIVE value. Please remember that SPinvest tokens also grow in value.
- Token Holders - 4.95%
- Club Members - 6.5%
- Operators - 7.3%
Hive-engine token activity
I notice that the daily trading value for the SPinvest token from it moved over to HE has increased to between $50 and $100 each day. Another thing i notice is there not so many people willing the sell their tokens for anything under 2 HIVE. Most of the daily value has been coming from SPinvest selling off a few hundred tokens at 1.60. As earning grow over time as well the fund, the SPinvest token will become a sought after investment token. The 100,000 hard cap seems to have encouraged people to HODL. It'll be interesting to see how the token interacts with the market when hive-engine trading volume increase as a whole. SPinvest token remain a solid top 10 traded token for the past 2 weeks but as more shitcoins enter the space, it's very possible we could eyes as we fall down the daily volume ranks.
SPinvest Royalty Token payout
Yesterday, i sent out Royalty token holders their monthly SPinvewst tokens payments. Holding Royalty tokens is currently the only way to get uncirculated SPinvest tokens and have a very limited to a current mintage of 30 each being worth 100 SPinvest token earning dividend payments for their owners. Maybe more will be released, maybe not. Im not sure.
Dividend payments earned from Royalty token will be paid on the 21st of every month starting next month.
Tribes token earning and holdings
Looking at our tribe token holding, mainly Leo, Neo and CTP i can see that over the course of the past 6 months our balance of each token has increased by at least triple the amount we used to hold but their HIVE value of ur total holding has consistently remained around the same level of 2,500 HIVE. A lot of work go into tribes accounts, SPinvest has HP delegated to earn tribe tokens and seeing that the value of our time and HP is only sustaining the value of our tribe token investment.
It's a great deal to earn a 50% ROI by staking some token but if the value of that token drops by 80%, its not such a great deal.
There's 5 updates about what's been happening. I have everyone reading this has a nice Sunday evening and you and your family are safe
Posted Using LeoFinance