I've been pretty quiet lately, setting up this Leo account and getting it back into action after the fork and swap to Hive Engine. Now, I think, I'm ready to start reporting weekly income again.
The reporting method, and indead the way I run this account, will be different from previously. There are no delegations anymore so a big weekly task has been removed. Basically, this account will become a once a week operation, posting an update, sending 50% of my profit to the new @spinvest profit distribution account, and re-investing any remaining liquid amounts. I will of course be monitoring voting power and multipliers, and adjusting the auto-voter as needed. The below form will be how I track performance from now on.
As you can see, I have reduced the amount of assets I am tracking. Other tribe tokens that I was accumulating, are no-longer a priority and will be gradually sold off as they un-stake/power down.
Priority 1 - LEO
Of course the LEO token is my number one priority here. Our vote (and thus curation return) is much smaller than prior to the shift thanks to the delegation program. I also have set voting patterns up differently here, and curation returns will be lower but more stable and sustainable for the long term.
I am also planning to slowly accumulate LEO Miners. This should provide a small addition to the income over time. Returns on the miner tokens are not great, but its 100% passive which is my favorite type of return.
Priority 2 - CTP
The next tribe I will focus on is Clicktrackprofit. Now that the LEO Dex has made it easy to set vote multipliers, I can vote both tribes efficiently. There is something about CTP I really like. Not sure if it is @jongolson's infectious enthusiasm, or the fact that the token has been integrated into a payment system (Fire-Pay). At any rate, CTP seems to stand out as having more use case and utility than many of the other tribes.
Likewise I have added some CTP Miners (during the recent promotion they ran) and will look to accumulate more over time.
Priority 3 - NEOXAG.
The Neoxian tribe has been very positive towards Spinvest - and the @spinvest-neo branch has performed very well. It will be straight-forward to build NEOXAG stake by using the vote multiplier tool, as many LEO and CTP posts also include the NEOXAG tags. I'll leave the specific NEOXIAN curation the @underground running the Spin-neo account, but I'll steadily stack these tokens.
Priority 4 - HIVE Power
The final area I will focus on for this account will be boosting the HP of the account to start earning HIVE curation also. Voting is being optimized via the Rewarding auto-voter for curation timing. As I build up the HP, curation returns should be a nice little extra earning. This was never a priority before, but is something I will try to get better at.
Once the above report has been produced each week, I will then perform the necessary operations to send the 50% profit share out to the @spinvest account that will conduct distributions (I think it will be @spi-payments but will confirm with Mr Spinny before next week). Then I'll reinvest any remaining liquid assets. Then the new numbers will make up the starting amounts for the following weeks calculations.
That's about it for this weeks update, see you all next week,
Posted Using LeoFinance
Thank you so much for adding CTP into SPI :)
That really made my day and I think I speak on behalf of everyone in the CTP Swarm, we're very excited to see SPI come over to Hive-Engine!
Let us know how we can be of assistance if you need anything on our end...We'll make sure to highlight SPI consistently for sure!
Hey @jongolson, thanks so much for the welcome. I was working with CTP tokens a bit under the old version of this account, and am really looking forward to growing this connection in partnership with the CTP community.
I really respect the work you are doing to bring in new people, and promote HIVE and CTP beyond its current borders. If there is any way I can help, let me know, and if you think of anything we could collaborate on in the future, hit me up. You can find me in the Spinvest discord.
Thanks again, and the tip is very much appreciated also.
@jk6276 for @spinvest-leo
Posted Using LeoFinance
Just keep growing. So many opportunities and time is to our advantage.
These are solid tokens to focus upon in my opinion.
All part of the SPinvest umbrella.
Posted Using LeoFinance
Thank you for sharing this information with us. To me as a newbie to this platform this is not only good information, but also educational.
Your welcome, thanks for checking out this post.
Posted Using LeoFinance
Interesting Model, Mate!
I'll be watching and following along, I really need to consult with you and SSUK here pretty soon, I need to make some tweaks to the /NEO account now that we are on HIVE. I do not know if the Neoxian token will have support on the bastard chain (steemit/js) so I'm not sure what to do over there for sure. PLUS, it sound like you have your thumb on the carotid over here (as usual 🤣) and I'm sure I can make some valuable adjustments.
I'd also like your future outlook for LEO, I sold off a few to get set up for the immediate changes that are ongoing, but I think I have enough $$$ in the platform to make things flow smoothly. I'm super happy with the recent moves we've made, shift on the fly so to speak, total fund values have really jumped. This is the best part of the 'get rich slowly' theorum we practice, being positioned to take advantage of the screaming buys that will always crop up.
Hey mate. Neoxag is completely unsupported now on STEEM. Mr @neoxian said to consider it worthless and abandoned there - the only true Neoxian tokens are the ones here on Hive. The adjustments I've made have made the LEO account less profitable in the short run. But much easier to run and sustainable. Hit me up on discord when you like. The tweaks you need to make will be interesting, adapting to the new SPI model of dividend paying while still rewarding delegators will need some tweaks for sure.
OK, Powerdown and SELL is my game...
On Steemit, at least LOL
Yes I will see U on DIS 👍
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