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LBI earnings and holding REPORT - #26

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Hello LBIers, this week marks our half-year anniversary. The time sure does go fast and for a 6-month-old project, we're doing ok. Our earning's have been growing, we've launched our first subsidiary project with CUBLIFE, we're closing in on 250,000 staked LEO and we hold CUBfinance investments worth 34,500 LEO. I'd say we're doing ok. Oh, and the LBI token price has hit a new time high at 1.26 LEO per LBI token so 100% of wallets should be in profit.

This week's earnings are down a little from last week. LEO content and curation earning's are just over 100 LEO down on last week, CUBLIFE earned us an extra 100 and everything else is the same as last week give or take 5-6%. Over 1500 is solid.

You can see below that CUBLIFE represented 10% of this week's earnings which is amazing to see. My target for this was around 5% so seeing double is motivating. CUB is up and bunch int he past week and LEO is down a little so this is the main reason for the big jump. Last week CUBLIFE earned us 65 LEO.

Also there only 24-36 hours to get involved with this month CUBLIFE token distribution. Send any amount of HIVE/LEO to @cublife and get your tokens on the 21st. Each CL token is priced at roughly 1.86 HIVE or 2.51 LEO.

Total earning to date for 6 months is 32,959 LEO giving us a weekly average of 1,263 LEO per week. As we seem to be earning over 1500 per week at the minute, the average should keep increasing. Based on 750 LEO per week (50% of earnings), this gives us growth of 17% per year not including current and future off-platform investments.

Powered up 50% of this week's earnings as always. There's a few liquid LEO sitting in the wallet. I've been wanting to get some ETH or BTC but the current decline in the price of LEO is putting me off. I'll wait a little longer and if it does not recover to 35 cents in 1-2 weeks, I'll probably just power it up. Not to much change in the hive-engine wallet, we sold off around 50 hive's worth of POB and that's about it.

CUBfinance LP's have increased a lot compared to last week. A jump from 23,900 LEO's worth to 30,570 this week. This has provided us with a good hedge so far as the price of LEO has declined from around 80 cents to 24 cents. It will recover when the PJ snapshot is announced and our CUBfinance wallet will be worth less LEO but we biggest holding is bLEO/BNB so the dollar value will increase increase. In general, the less LEO the fund is worth, the more dollars it is worth.

Growth is a steady train and the trend continues as is. At 6 months, this is looking good. By sticking to the rules of the game, we will beable to produce results like this for years.

LEO still dominates our holding at 85%, CUBfinance LP's come in 2nd with 11% and everything else is 2%-. This is more deverse than SPinvest was after 6 months and it'll be interesting to see what the next 6 months bring.

LBI token price

Total assets worth in LEO 288,257.57 LEO

Total LBI tokens circulating 227,481

LBI token price - 1.267 LEO

That's us 6 months in. Im is very happy with the way things are going. I understand it seems slow and we dont get involved with this and that but getting involved with this and that the same as everyone else and why everyone else never really grows. Sadly being boring, predictable and consistent is the only way to do it. When you think Telsa, you think sexy electric car, you dont think of the millions of hours of laborious work and 100 hour work weeks for factory staff. You only see the result. As long as we stay on the path we are on now, we will continue to grow and the snowball effect will take over.

Posted Using LeoFinance Beta