XV Token Weekly Update | 40 Weeks Remaining
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 20/08/2023
It's been a strange week, mostly going down have a nice pump in the past day. I really need to rebalance our balance back into allocations but it's hard to know when the market is being like this. XRP is performing very well.
The dollar value went sideways this week, it increased $50-60 but the allocations are different. ADA and SOL are struggling to pull back with the rest of the market while BNB continues to be very strong.
HIVE outperformed our basket this week so we see some loss in HIVE value but remain over 3 HIVE each which is cool. With only 40 weeks left, we'll be planning the wind down before you know it.
As said above, HIVE did better than our basket and we lost HIVE value. We're still between the 30-40k profit level so nothing has changed really. When the bull run picks up again, we can expect our basket to outperform HIVE until the bull run catches up with HIVE. By this time, i hope XV will be wrapped up.
Thank you for taking the time to check this report and stay up to date with your investment.
SPinvest's Tree & Links
| Token Name | Main Account | Link to hive-engine |
|---|---|---|
| SPI token | @spinvest | SPI |
| LBI token | @lbi-token | LBI |
| Top XV token | @spinvest | XV |
| Eddie Earners | @eddie-earner | EDS |
| EDS mini miners | @eddie-earner | EDSM |
| EDS micro miners | @eddie-earner | EDSMM |
| DAB | @dailydab | DAB |
| DBOND | @dailydab | DBOND |
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@dbooster, @eikejanssen, @thatcryptodave, @curatorcat.leo, @siddhartaz, @ammonite, @hoosie, @cryptosimplify, @shanibeer, @samsemilia7, @sorin.cristescu, @oldmans, @melinda010100, @zpek, @metzli, @itcouldbecloud
I thought the idea was to eliminate this problem by re-balancing at regular intervals?
It looks like we're second guessing, just like we would without a basket 😂.
I guess it highlights the challenges. There's similar conversations in Saturday Savers Club about whether savers should change from one token to another in order to reach their goals.