Spinvest Off Platform Investments. What is Paper Silver?

in SteemLeo7 months ago (edited)

Screenshot 2019-12-08 at 11.51.39 AM.png

Hello Steemverse errrrrr Hives?

Maybe I should say:

Dear Reader,

Some time ago I joined the @spinvest club, so that I could invest some of my STEEM earnings, earn a 20% profit on my investment (not a promise, but a goal) and learn more about investments while watching the "pros." The premise of the club was simple, build STEEMPOWER as a community, lease the STEEMPOWER for a profit, and use the profit to reinvest.

The re-investments were to be platform and off platform based

Since then, we have invested in Steemleo, Neoxian, Splinterlands, STEEMCity, and more on chain projects.

We have also invested on off-chain projects.

The point of investing off chain, was to diversify our assets

Instead of putting all our proverbial eggs in one basket (STEEM) we would put investments off the chain, as well as on the chain and diversify.

Just like there is power in decentralization, there is power in diversification.

Let's say STEEM sinks, which it did, this week. Our other assets, help carry the weight of our investment, and the overall health of our club stays up.

Thanks to our off platform investments, the SPINVEST token, which is currently supposed to be 1:1 with STEEM is actual 1.05:1 with STEEM. Yes "Dear Reader" if you are looking for a "good" investment, go buy some @spinvest tokens at 1 STEEM before the price gets recalculated.

Not financial advice of course, just a suggestion, you should always do your own research before investing and never invest more than you can lose

5bEGgqZEHBMe6s3wiPgGLGMfvig9QShSZU5pqHX1YYALSbGqJBWXyN6qzEo88sKSQfdURQm6uQqPUSxZnnQGKZsEbCX3Zxgv.png

I decided to take a more active role in the club, and start writing a once per week post on our off blockchain investments and guess what I found?

I don't really know what they are.

Kinda embarrassing for someone who cheerleads for the @spinvest club.

After digging through posts, I found TWO of platform investment.

Bitcoin and Silver Paper

What the heck is silver paper?

Silver backed paper is a paper that reflects the price of silver. It is a better investment for a club, and actually holding SILVER because, well, where would we keep the silver?

According to what I learned, we have 7 oz worth of paper silver and our paper is backed by actual silver.

Still, there are many different types of paper silver, so I have to do due diligence, and report back on what we actually have, when we bought it, and how we are keeping it.

jewels-396441_1920.jpg

I know this post is not as informative as I first meant it to be, but still, I hope it is perfect for those who are barely getting into investing and want to learn more about our options together

I will be doing more research, finding more out, and giving a more detailed report.

WIll be reporting on the health of @spinvest's off platform investment, Paper Silver, very soon.

Thank you for taking the time to read.

Are you a silver investor? Please feel free to drop some comments or helpful links, I am actively looking for more info and would appreciate being posted in the right direction

20180516_002249_0001.png

Posted via Steemleo

Sort:  

Whew, that published before I was ready to. Making minor edits now :)

Posted via Steemleo

A member bonus $trendotoken tip from MAXUV!
These bonuses are for members, selected at random when @MAXUV posts, and last for a few days.
Thanks for being a member of MAXUV.
NOTE, the ADDAX Game Round 3 starts 17 March.

Congratulations @maxuvv, you successfuly trended the post shared by @metzli!
@metzli will receive 4.05032400 TRDO & @maxuvv will get 2.70021600 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

Hi @metzli, a small upvote and a tip from the ADDAX trading game!
ROUND 3 STARTS Tue 17 March - please read details on this post.
Thanks for playing!
$trendotoken
!trendovoter

Congratulations @addax, you successfuly trended the post shared by @metzli!
@metzli will receive 0.61217775 TRDO & @addax will get 0.40811850 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

Congratulations @addax, 3.57% upvote has been shared with your successful call on the post that shared by @metzli!


Support @trendotoken projects by delegating : 100SP , 200SP , 500SP , 1000SP , 2000SP

Thank you for supporting @CatsMakeKittens by being a part of our community @metzli.

Each CATS you purchase gets you daily upvotes from me @CatScientist as our community grows so do your rewards for being a member!

Hi @metzli, a free $trendotoken to you from @Busbecq.
Thanks for playing the new TULIP Mania Game Round 3.
NOW the ADDAX Game Round 3 starts 17 March.
Look forward to seeing you there too!

Congratulations @busbecq, you successfuly trended the post shared by @metzli!
@metzli will receive 4.65919088 TRDO & @busbecq will get 3.10612725 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

And I thought silver paper was what my chewing gum was wrapped in when I was a kid!

Posted using Partiko Android

@metzli - perfect for first time investors, we'll all be on the journey with you 😎

I invest in silver usually by buying 1 once coins from mints of good reputation like this one.
https://www.muenzeoesterreich.at/eng/vienna-philharmonic/silver
There is no better way than buying physical silver!

But there are numerous other possibilities to invest in silver, even here on Steem:
https://steempeak.com/hive-167922/@thesilverpenny/the-silver-penny-project-silver-discounted-0-777-slvp-blowout

And last not least the Steemsilverrounds:
https://steempeak.com/steemit/@ssg-community/2019-steem-silver-round-now-on-sale
But for spinvest, I would not recommend - there is no functional market for those coins. Could be a good investment, but the risk is high.

Congratulations @metzli, your post successfully recieved 9.32169263 TRDO from below listed TRENDO callers:

@maxuvv earned : 2.700216 TRDO curation
@addax earned : 0.4081185 TRDO curation
@busbecq earned : 3.10612725 TRDO curation


To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

Coin Marketplace

STEEM 0.16
TRX 0.03
JST 0.026
BTC 12964.90
ETH 412.27
USDT 1.00
SBD 1.01