SPI: The Flagship Growth Token of SPInvest
Launched in June 2019, SPI is the flagship growth token from SPInvest, embodying both ownership and governance over assets. As we enter our sixth year, our strength lies in focusing on established, long-term investments and continuing to expand SPinvest as the central hub for investment on HIVE.
Our Motto: Getting Rich Slow
Our portfolio boasts over 30 investments made up of HIVE and other top-ranked cryptos. We shun impulsive decisions, instead relying on secure, proven strategies. Since our launch, we've increased the value of HIVE by 7x and the overall dollar value of our fund by 12x making SPI the best-performing fund on HIVE.
We are committed to steady wealth accumulation, leveraging the power of compounding through consistent reinvestment. For SPI tokens, we recommend a holding period of 3-5 years to realize significant returns, perfectly aligning with our philosophy of sustainable growth and profitability.
SPI Weekly Report Breakdown
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1 - SPI Incomes & Overheads
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2 - SPI Fund Assets
..... a - HIVE wallets
..... b - HIVE-engine wallets
..... c - Non-HIVE wallets -
3 - SPI Token Price & Stats
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4 - Weekly Updates from SSUK
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2
A
B
C
3
4
SPI Incomes & Dividends
HIVE incomes have really dried up over the past few months and this week is no different. We used to put out 3-4 posts per week, which helped. we've powered down alot of HIVE, so we're earning little from curation and dividends tokens are doing just ok. We knew we'd take a big hit on HIVE income to power down HIVE but its swings and roundabouts. If HIVE ever joins the crypto bull and pops to $1, at least we're not rushing with the crowd to start powerdowns, lol.
The dividend bot stopped working 3/4 weeks back and we're working on building a new one because the current bot is maintained by Gerber. I've not contacted him because he's been hosting it for us for free for nearly 5 years, so I dont wanna annoy him (actually, he put it on a LEO server, so cheers Khal for the 5 year freebie ). I dont wanna annoy him. I think it's best to create a new bot with our current dev, so if anything goes wrong in future, it can be quickly resolved. All being well, dividends will start again from next week, and all missing dividends will be backpaid in 1 shot.
SPI Fund Assets
We're sitting on alot of liquid HIVE, most of it is sitting in a savings account. There's not much momentum with HIVE at all, so I honestly have no idea where it will be by year's end. We lost Upbit traders in January, and they were the ones that pumped the price, so if im 100% honest, im not hopeful we'll ever see $2 again, and we'd need to lower our selling price, maybe by 50%.
Things are about the same with our HE holdings as always. We bought some EDSI, maybe 600-700, mined a few DAB and got a few DBOND rewards. A few weeks back, the price of BRO got pushed, so I took the chance to sell off just over a hundred, leaving us with 1000. We dont hold any LEO, so the recent price action has passed us. We have no plans on buying either LSTR or SURGE cause exit liquidity is always a problem with HE tokens. If you like exposure to LEO, check out the LBI token that has been running for nearly 5 years and is backed by LEO tokens and others.
ETH finally caught up with the bull run, and everything is up the last few weeks. ADA and DOGE both have increased alot and we hope its only the start. We'll be holding these tokens for 4 months max and we'll see if they are worth selling in Nov/Dec.
SPI Token Price & Stats
The SPI token price this week is 5.67 HIVE. It has been increasing the past few weeks as ALTs we own are increasing in price while HIVE remains stable. YTD, the fund has increased 8% which kinda pissed me off because I'd prefer to see it go the other way. Why? Because if the price of SPI tokens is going down, the dollar price of HIVE is going up.
Top 100 SPI Token Holders
@silverstackeruk, @taskmaster4450, @shanibeer, @roger5120, @conradsuperb, @chrisparis, @shitsignals, @super-irie, @netaterra.divi, @no-advice, @flemingfarm, @methus, @ambicrypto, @tbnfl4sun, @metzli, @dera123, @partituna, @meaganx08, @gillianpearce, @gerber, @underground, @ericburgoyne, @znnuksfe, @gattino, @samsemilia7, @serienschauer, @tonyz, @tapeworm16, @geke, @mytechtrail, @dealhunter, @themanwithnoname, @erikklok, @rosatravels, @amr008, @dylanhobalart, @bhattg, @tomhall, @timmy-turnip, @eddie-earner, @hoosie, @welshstacker, @jdkennedy, @oldmans, @sames, @alexvan, @sumatranate, @reefe, @huntforsteem, @jznsamuel, @fat-elvis, @silverd510, @barbara-orenya, @eirik, @honeysaver, @preparedwombat, @sparkesy43, @braaiboy, @dwingsworld, @hykss, @crypt0gnome, @blue.rabbit, @bucipuci, @taskmaster4450le, @melinda010100, @xyzashu, @dailygiveaways, @riandeuk, @silversaver888, @theb0red1, @eturnerx, @seareader1, @c0ff33a, @he-index, @silvertop, @khimgoh, @whitelightxpress, @elizabethbit, @kerrislravenhill, @nomadsteem, @iamraincrystal, @anderssinho, @elfman2018, @ammonite, @spiritverve, @successchar, @bethvalverde, @inertia, @spi-contests, @drlobes, @gadrian, @khan.dayyanz, @aggroed, @jfang003, @hhayweaver, @nikkitoo, @cwow2, @relict, @doombot75, @thatcryptodave
Tag @spinvest to a comment below saying "I wanna Subscribe" and I will tag you in future SPI weekly reports.
Sub List:-
@ericburgoyne (RIP), @mikezillo, @shanibeer, @oldmans, @roger5120, @lilolns19, @riandeuk, @relict, @successchar