Hello and welcome to this SPinvest post
SPinvest is a tokenized investment fund/club for all users of social blockchains. Everyone is welcome! The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. This lets SPinvest offer an ROI of 20% per year on SPI tokens. We encourage long term investing on and off the blockchain. We hope someday everyone will HODL some SPI tokens that can be bought directly fromare through the hive-engine
.
One a larger scale, we see Grayscale having a great deal of success with their trust. They are about to get investors involved to buy Bitcoin, then shares are sold on the open market, allowing those investors to enjoy a return due to the premium.
This has helped to gobble up billions in Bitcoin, bringing a great deal of attention to the industry in general.
At the same time, we now have BlackRock, in their latest SEC filing, looking to get into the derivative game in Bitcoin, meaning the futures market.
Investing is not something that most spend the time learning. It is a difficult process and is never ending. For this reason, most simply do not have the expertise to navigate through these waters.
We also see the situation where time is also a factor. Few are able to spend hours per day researching different investment opportunities. This is where funds come in.
While many look at the money printing as a reason for the equity markets exploding, most overlook the fact that passive income funds are huge. They are an easy way to get involved and appeal to the majority of the investing public.
Sadly, investment funds are forced to buy a lot of crap since they are buying markets/sectors as a whole. Active funds are more selective in what they buy, hence being able to develop greater returns.
SPInvest is a fund that leverages the "hivemind". Being a community, we can discuss different options, utilizing different experiences and expertise that people bring to the table.
Even though small when compared to some of the others mentioned, it operates as a vacuum too. Anything that is chosen is then swallowed up by the fund. Certainly, on a Bitcoin scale, SPInvest will not have much of an impact. However, at a lower level, it can.
SingularityNet is working on a DAO that is a fund which will focus upon non-liquid, smaller market cap tokens. The idea is there are a lot of good projects that could get more attention with some liquidity. This project will enable people to buy in and spread the purchases over a large number of tokens.
An idea like this should really help to push the cryptocurrency industry forward.
Active. Passive. Index.
It really does not matter. All are needed. Funds are a great way to drive buying demand. They allow people without the time or knowledge to get involved in projects that hold the potential for massive growth.
We are seeing a number form on Hive. Over time, this should grow, providing even more opportunities for income and wealth development.
