XV Token Weekly Update | 62 Weeks Remaining

in leofinance •  4 months ago

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    XV tokens by SPinvest offer a groundbreaking investment opportunity on HIVE. Investors purchased XV tokens during a 10-week sale and become owners in a diversified portfolio of carefully selected top-ranked cryptocurrencies.

    SPinvest manages the portfolio, providing weekly reports for transparency. After a two-year holding period, investors can sell their XV tokens back to SPinvest for potential profits.

    Backed by SPinvest's experience and reputation, XV tokens provide a simple and transparent way to participate in the crypto market's growth.


    Basket of 15 Cryptos as of 19/03/2023

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    Well, its been an interesting week to say the least. The markets are bleeding and everything is down 10-30%. Only SOL and AVAX went up this week, SOL's allocation is up again past ETH and ADA in the next tier so might need to reallocate some.

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    Unbelievable, last week our allocations were all in line and the chart was looking tidy. This week 💣. All in all we did ok this week to only lose $1700 of value equal to 10%. As said above SOL and AVAX have increased and this has done us a solid by hedging off some losses from the rest.

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    We see a new all-time high for the book value of XV at 2.30 HIVE each. Someone is selling 50 tokens for 2 HIVE each if you wanna grab yourself a bargain. I bought 2 lots of 25 for SPI 🤣, cant resist 13% less risk.

    We know from above that the value of the basket dropped by 10%. HIVE dropped by 22% this week and this is the reason for the big jump in book value.

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    Crazy week with a massive jump of 4326 HIVE equal to 11% growth. Only 2 weeks ago we cracked over 20k in HIVE profit and if we have another week half as good as this for HIVE growth, we'll cross over 25k HIVE profit.
    Thats a nice looking chart if i do say so my badself, heeeee, hee!


    Round-Up

    So the markets have been bleeding and we are seeing corrections take place. This is normal, we can expect these sort of corrections to happen 4-6 times over the bullrun. We've no good way to guess when these happen, the best guess is when the markets are for pumping 6-16 weeks and as prices increase more and more, more people take profits and then too many try to take profits and then people panic sell and we see a 20% correction. During the correction, people stop selling, they start buying again and then we pump for 6-16 weeks. Rinse and repeat until it does not pump after a correction.

    Sounds easy written like that but in real life its more like, we need to be in a bear market for 3-5 months before we can confirm it. Sadly we have no really good way to know that the last correction and actually the bubble popping.

    Anyways, things are going according to plan and this is reflected in the book value of the XV token. HIVE might pop off and bounce 15-20% again in a few weeks and we could see the book value drop to under 2 HIVE but I'd bet against it to be honest. We've only 7 weeks to go to have finished our first year marking the halfway point. If we double up 1 more time, that would be perfect and would result in a 4x for everyone in 2 years 🤤

    Thank you for taking the time to check this report and stay up to date with your investment.


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    Token NameMain AccountLink to hive-engine
    SPI token@spinvestSPI
    LBI token@lbi-tokenLBI
    Top XV token@spinvestXV
    Eddie Earners@eddie-earnerEDS
    EDS mini miners@eddie-earnerEDSM
    EDS micro miners@eddie-earnerEDSMM
    CUBlife@lbi-tokenCL
    Stay up to date with investments, fund stats and find out more about SPinvest in our discord server

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    You can subscribe to XV weekly reports by commenting below "I wanna Subscribe" and tagging @silverstackeruk in the comment.

    @dbooster, @eikejanssen, @thatcryptodave, @curatorcat.leo, @siddhartaz, @ammonite, @hoosie, @cryptosimplify, @shanibeer, @samsemilia7, @sorin.cristescu, @oldmans, @melinda010100, @zpek

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