SteemPower Investments - Weekly Holding Report #2
Good day to everyone, today is the day that i drop the 2nd SteemPower Investments holdings post. I love doing these posts cause it's the only time i add everything up together and see the growth that's taking place.
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 insuring all investors 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. You guys will notice that our LEO and PAL tokens holding from last week are gone. @taskmaster4450 dropped me a DM on discord suggesting that we should maybe sell off tokens made from post payouts to break down virance. I agreed, that's makes perfect sense. Yesterday i converted all our LEO and PAL tokens into ENG tokens. We earn other tokens but only very very small amounts. Of course ENG is down 17% today so me and taskmaster maybe not so smart. Apart of SPI tokens, i think ENG tokens are the 2nd best on the exchange for HODLing and 3rd if you care is the tipU token. I dont see 98% of the rest gaining anything as they will inflate themselves away to being worth nothing. We are long term and limiting token mintage to 1 million does not no punish early investors, in fact it does the reverse.
Check out our BTC holding that we bought for 50 STEEM a few week back. Im half tempted to sell for the 76 STEEM and holding until BTC drops back to 10k but it's not my money and im committed to playing it safe. Only HODLing, no trading cause i suck at trading. @spinvest STEEM POWER holdings are up around 1400 which is awesome, if we issue tokens like this every week we'll be given Steemit whale status in no time. There is currently 115 STEEM ready to be invested into something but BTC is on a run, silver and gold are way up and the stock market is down. Maybe something focused on the STEEM blockchain, something that will pay us a passive income are boost post payouts in some way. I was suggested SBI but it's would take forever to get 115 STEEM back in post payouts from them. I know a services that might better serve us but im pushed for time right now and it would be better to write a seperate post explaining our options in better details. Overall, im happy with holdings this week compared to last week and growth is happening.
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Are better yet..........
How to buy SPI tokens
Below are the new steemconnect hotlinks that allow investor's to buy directly from @spinvest. Each token is priced at 1.10 STEEM each 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.
Convert other steem-engine tokens to SPI tokens
Most of us by now earn a few different tokens through other steem front ends are have been airdropped tokens during launch ect. I have wrote a step by step post that shows anyone how to convert other steem-engine tokens into SPI tokens. You can learn how by clicking here
Get in contact
Discord Invite - Click Here -
I go by silverstackeruk#3236 if you would like to DM me
And the cherry on the cake
What do you have to lose? What token has a operator with so much faith they offer a 92% buy back
Resteeming is a wonderful way to spread the word and get as many eyes as possible on this. Let's get a buzz going
Just an idea for the excess Steem: you could steadily build up on BTC by buying a fixed amount of Steem at certain time intervals, by this you participate from the BTC rise without too mcuh risk, the rest you could power up and lease on Dlease.io with app. 20% ROI.
Hey, that's not a half bad idea. I personally buy my BTC and save for silver weekly for this reason. 25 STEEM per week for 4 weeks sounds ideal. Thanks for the suggestion
yea, and I think that the runup of gold, silver and BTC is just the beginning of that rise...
the whole economic system seems to be toppling now and those are the hedges so expect the price to go up a lot more then what they have done recently...
I personally would not fear buying gold or silver now
Im a silver stacker, been stacking around 6 years. It's always a good time to to buy silver are gold. Im holding out for a 1/50 GTS ratio and then converting 90% of my silver holdings into gold sov's. I might be waiting while.......haha
115 STEEM is not really enough to buy anything. Neoxian has a silver backed token but it's not the same, we could just buy an EFT instead but i hate EFT's. I could maybe sell silver at spot to @spinvest from my personal holdings and take the STEEM but that might abit weird. Just thinking out loud, been up almost 20 hours, lol
How about tokenized gold?
https://digix.global/dgx/
https://coinmarketcap.com/currencies/digix-gold-token/#markets
Hey, the website looks sorta rubbish, no proper information. It's a good idea but ive been burnt before with tokenized gold and i i consider an eft safer.
So about nine weeks to meet the next milestone, if buying stays the same.
Could we have a weekly investors report, similar to the holdings and earnings reports.
What is break down virance?
😴
If we hit 25k in 9 weeks, that would be unreal. I will be including an investors report and real token value in with the holding post from now on. I have a few reasons for holding back, nothing bad. You can DM on discord if your really nosey and wonna know, lol.
Breaking down variance means spreading your risk.
eg, you could buy 1 full BTC today for £10k are you could buy 0.1 BTC every week for the next 10 weeks as the price might go up are down and your spreading your risk if that makes sense.
I've not been able to contact you on Discord or get into the server. Perhaps you could send me an invitation: shanibeer#7523. Thanks :)
Thanks about the list of investors; I think it helps to build confidence to know who else is involved, and current and potential investors are able to carry out due diligence if they want to.
From a personal point of view, I'm interested in patterns of investing - you've written previously about different types of investors - I'd like to see how it grows. It was good to read you've had some takers for the fiat to steem monthly purchase. I like the group airdrop idea as well, that will be great
The links at the bottom of the post, is the link not working for you? I have sent you a request but im off the bed. I'll be online this evening, im a night owl as i work night shift.
I've tried the link several times ... it takes me through to discord and the invitation screen, which I click and go through to my menu, but SPI investments is not appearing.
Just grabbed some SPI tokens from Steem Engine! Hopefully I won't have to wait a while before the price on Steem Engine goes back down to the advertised 1.10, it's currently at 1.12.
Hey thanks man for investing.
SPI tokens are prices at 1.12 STEEM on steem-engine as i need to pay a withdraw fee to get the STEEM into my @spinvest wallet on steemit. You can buy directly from @spinvest for 1.10 STEEM.
This pic is in every post, you might have missed it
Ah thanks, I didn’t look at the picture only the text near it. To get it at 1.10 do I send you 1.10 steem per token I want to buy? Or do I use those links in your post for the various share purchases? Just curious. I’ll buy it on Steem engine for 1.12 this time since I didn’t know.
Posted using Partiko iOS
To get it at 1.10, you can either use the links are send any amount to @spinvest.
Thanks for sharing all the stats in this post
Your very welcome my friend
Have you thought about using crypto based saving accounts as well?
https://steemit.com/bitcoin/@sames/are-there-ways-one-can-gain-interest-on-their-bitcoins
Now your talking, this is something i have been looking into myself but your post has answered a bunch of questions i had and holds all the key information i want.
This will be the way forward and is likely to be the place were we store our BTC. Thanks very much for the link and taking the time to drop your comment.