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Hive Token Hodl - Week 3

letshodl

Published: 22 Aug 2020 › Updated: 22 Aug 2020Hive Token Hodl - Week 3

Hive Token Hodl - Week 3

Let’s HODL.jpg

Week 3 felt pretty weird. Felt like we saw a decent amount of price change overall. LEOMM had a price explosion, jumped to 13 Hive each, which massively distorts our numbers. On top of that I decided to change my reporting from the instant sell price to the current buy price. This makes my numbers look nicer but I mainly did this so that market spread wasn't making my result so sporadic. Most of these tokens have a pretty steady buy price and I like that stability when it comes to reporting numbers.

Alright let's dive into our hodling:

TokenInvestedHeldProfitWeekly Earnings
SPI167.08-7.5%0.001
M1617.93-0.5%0
BRO165.39-2.3%0.055
LEO Mining Power1610.4596.65%0
WORKERBEE1615.410.2%0

I decided to add BRO to our token list. I wanted to include it at the start and finally decided to just add it back in as our 7th project. I really like the project and the returns seem like they are perfect for what I want to do with this experiment. I think BRO is going to be one of the best tokens in this project.

As you can see we are showing a 96% profit on LEO miners after the crazy price jump, I fully expect that to drop back down over time. I think this is really just a case of total lack of supply

City 1:

LetsHodl_Week3.png

City 2:

bwar-gg_Week3.png

CityInvestedBankProfitWeekly Earnings
City 1160.3216%1.15
City 2160.48-7.8%0.22

Really good week for City 1, had 2 Immigrants move in which is a massive profit boost. We added 2 forests this week which should really boost our daily earnings for the coming week. It's looking like having the ability to add a few homeless/immigrants each week is going to be a major difference between our two cities. Prices weren't nice to City 2 this week but that did result in being able to add 3 Wind Turbines and almost double our total.

Overall this has been a really slow start to most of our projects. Without the weird price spike on LEOMM, we'd be sitting at no overall profit across all our combined projects. I was really hoping to see slow incremental build up starting by this point. Hopefully we start to turn the corner on all our projects soon.

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