SteemPower Investments - Weekly Holding Report # 23

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(Edited)

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Steem powered investments @spinvest has been set up to offer an investment fund based on funding from STEEM POWER. Investments are funded through extracting value out of STEEM POWER and taking advantage of STEEM's high inflation rate. The aim is not to get rich quick; the aim is to build a safe portfolio of investments that will stand the test of time while ensuring all investor's starting capital is not at risk. Full details can be found here

Holdings and Investments report

Below is a complete list of everything that @spinvest owns. This week we have seen very small growth with only adding 250 STEEM's worth of value to the complete fund. This is one of our worst-performing weeks so far but when the numbers are crunched, it's still worked out to be a growth of 15% per year so can't complain. We can see that the main reason for the low week is because of our tribe token holdings which have seen a decline of almost 300 STEEM. Off-platform investments are starting to do very well and i expect us to see a few hundred STEEM added to our SM Alpha token holdings as there is not a lot liquidly in that market and the price swings massively. When valuing SE tokens, i use the dollar value displayed in the wallet so for Alpha tokens it really depends on if the last transaction was a sell (55 STEEM) are buy (43 STEEM). We bought our 17 tokens at 45 STEEM each if your wondering.

If you look, you see that for the first time ever, SPinvest has fewer tokens issued this week compared to last week. This is because a token holder that might be cashing took a big chunk out of the buyback wall. It's not a bad thing and these bought back tokens will be resold at 1 STEEM. Its just strange to see fewer tokens being issued. On the other side of the fence, the true SPI token value has already gone up more than a half a STEEM cent from the token split 4 days ago.

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The saving's wallet is starting to build up again so it will be time soon to release another club voting post to pick our next off-platform investment. Going forward, we need to be smarter and thinking outside the box on ways to save money when doing off-platform investments. Currently, our biggest overhead for off-platform investments is STEEM to Fiat fees. Sometimes this costs us 10% of our investment money and i hate to see our hard-earned money disappear like that.

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I have a really good idea and have thought of a way that we can cut out Crypto to fiat fees going forward. SPinvest does a monthly fiat to SPI token group buy were it collects fiat payments into a PayPal account and then converts that fiat into BTC, into STEEM and in SPI tokens paying transaction, exchange and conversion fees along the way. This makes me ponder and think that surely we could keep that fiat cash in a holding account ready to use for an off-platform investment. We could record it on holdings as holding balance and issue out whatever SPI tokens against it so everything is accounted for. This will save us $100's per year in fees at our current rate. On the flip side, anyone involved in any future group buys will no longer pay fees to convert fiat into SPI tokens and this idea will be pushed hard on those posts, people love not paying fees and we are the same.
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SPI token holders

A few people asked to see the SPI token holders list. It can be found on steem-engine's token explorer. I'm gonna assume that might be over some people's heads and i will baby feed a click here link to make it super easy. I will post the SPI token holder list every week in this post but if you looking to see it live, the link is up there and i add the URL below if you gonna bookmark it. I last posted this holders list 18 days ago when we hit the 10,000 targets. Let's see how many SPI tokens have been sold in 18 days.

https://steem-engine.rocks/tokens/SPI/richlist?page=1

Lets have a look at the SPI token true value

Now that we know how many SPI tokens are issued and the total amount of STEEM that @spinvest is worth, we can work it pretty easy.
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JOIN SPI CURATION TRAIL and help to grow your investment. Just try it, it will take you 2 minutes and you'll get a nice feeling for knowing your good deed for the day is done :)

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Below are steemconnect hotlinks that allow investor's to buy SPI tokens directly from @spinvest. Each token is currently priced at 1.00 STEEM and beside each link is the true STEEM cost to reduce confusion. You can also send any amount directly to @spinvest and i will issue you SPI tokens to 2 decimal places for the value of STEEM to send. All tokens bought directly will be sent to investors SE wallets within 24 hours but most likely much sooner.
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5 SPI tokens - 5 STEEM
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10 SPI tokens - 10 STEEM
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25 SPI tokens - 25 STEEM
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50 SPI tokens - 50 STEEM
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100 SPI tokens - 100 STEEM
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250 SPI tokens - 250 STEEM
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500 SPI tokens - 500 STEEM
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1000 SPI tokens - 1000 STEEM
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2500 SPI tokens - 2500 STEEM

InformationURL Link
SteemPower Investments Introduction PostClick HERE
SteemPower Investments Club Partnership AgreementClick HERE
How to become a club memberClick HERE
How to convert SE tokens into SPI tokensClick HERE
Join the SPI club Discord serverClick HERE
Join the SPI curation trailClick HERE
What's best for the SPI Club? Centralized vs DecentralizedClick HERE
SPI tokens 95% buy back guaranteeClick HERE
SPI Club monthly Fiat to SPI token group buyClick HERE

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All questions are welcome, please ask in the comments below


Posted via Steemleo | A Decentralized Community for Investors



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3 comments
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that token holder list seems a bit off

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Hehe, well out of date 😎
A cut and paste error, or lack,of one, it looks like.

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Well spotted, lol. That must have been from 20 weeks back,

Edited and fixed now my friend, thank you


Posted via Steemleo | A Decentralized Community for Investors
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