I stole someone else's ticket to rebirth

Chapter 269 Li Yang's Secret Killer Move

Ning Hao suddenly received a large transfer.

I went to the bank to check and found out that the money was transferred by Zhang Mansheng, and not even a penny was missing.

Originally it was said that I would get some interest if I made any profit, but I haven’t gotten any yet.

He sent a message to Zhang Mansheng and asked, "Uncle Zhang, how did you transfer the money back?"

Zhang Mansheng's reply was straightforward: "It was originally your money. If you were in a relationship with Mengyu, I could have kept the money for her dowry. Since you are not in a relationship, I must return the money to you. However, I drank those two bottles of wine, so there is no way I can return it. By the way, don't even think about returning the money. I have already cancelled my previous bank account, so it would be a waste of time to return it."

Ning Hao asked, "Even if you want to give it to me, you should charge some interest. I will transfer 100,000 to you via WeChat, and you must accept it."

"Just give me 70,000 yuan."

"it is good!"

Soon, Ning Hao transferred 70,000 yuan in batches, and Zhang Mansheng also accepted it.

For Zhang Mansheng, this was already very good, and it didn't count as cheating Ning Hao of his money.

Ning Hao is indeed a very disciplined guy. He was able to stick to his principles even when faced with more than 700,000 yuan in cash. Zhang Mansheng could not find any fault with him in this regard.

At this time, Ning Hao carefully calculated the financial situation.

After he spent more than 2 million yuan on the charity dinner, he was left with more than 1.7 million yuan. He gave 120,000 yuan to his parents, who saved it, and he planned to invest the rest into the company.

Zhang Mansheng transferred 710,000 yuan to him and 70,000 yuan to himself, leaving 640,000 yuan.

So he called Zhang Mengyu.

"Ms. Zhang, your father said he wanted to invest in my studio. He said there's no need to sign a contract, but I think it's better to sign a contract. Please come over here. Don't tell your father about this for now..."

Half an hour later, Zhang Mengyu arrived.

Ning Hao first showed the screenshot of Zhang Mansheng transferring money to him, and then showed the previous screenshot of profits.

Part of the chat history was deleted, and a relatively complete plot was pieced together. After all, he also talked to Zhang Mansheng about opening his own studio.

Zhang Mengyu understood her father's thoughts. After all, he was taking advantage of Ning Hao, so it was reasonable for him to invest the money in him.

When Ning Hao strongly requested to sign the contract, she signed it without hesitation. Anyway, she would not interfere in the operation of the studio, and it would have nothing to do with her even if Ning Hao lost all the money.

It was nothing more than a piece of paper contract. Ning Hao felt relieved and didn't care about it. He didn't let his father know.

If I really make money in the future, my father should be able to accept it.

Once both parties have taken a risk, the benefits can be easily divided.

Unlike now, he is simply taking advantage of Ning Hao.

……

At the same time, Chen Peipei was also clearing out the Bitcoin short contracts bit by bit.

Last year, the price of Bitcoin skyrocketed from one thousand US dollars to twenty thousand US dollars. The contract inversion on their platform became more and more obvious, and all orders were long.

The hedging means originally used by the platform are becoming weaker and weaker, and the short positions are about to be inverted by five points.

The platform really couldn't continue to take in Bitcoin from the market, so Li Yang found her and asked her to open a short contract with her own account.

This is risky. Once Bitcoin soars too much, the profits from a few points of inversion cannot be wiped out at all.

After all, Bitcoin transactions take time, and with all the confirmations, the entire process takes at least half an hour.

This is also the reason why many people are reluctant to play spot trading. Spot trading has a certain lag and is far less exciting than contracts.

Anyway, as long as the platform is reliable, it’s fine.

Under this hot market situation, several other platforms opened contracts with a five or six point inversion at all costs for hedging in an attempt to make more money.

Then, after the Chinese New Year, Bitcoin suddenly collapsed.

In an instant, the price dropped from 20,000 US dollars to 17,000 US dollars. Many platforms were forced to close their long positions due to losses.

In order to force a position to be closed, it is necessary to buy a large number of short contracts. Therefore... in order to hedge, the platform is forced to buy Bitcoin, resulting in an increasing amount of Bitcoin on the platform.

As the price of Bitcoin continued to fall, the platform suffered heavy losses, so it simply shut down the system to buy them some time.

However, the market has been in a state of panic, with more and more short orders in the market. The bitcoins in their hands have been depreciating more and more seriously, almost losing all the profits of the platform for most of the year.

So...several small platforms simply ran away, and several large platforms also occasionally shut down to recover.

Only Li Xiao and Chen Peipei's Huobi platform never shut down, and they took the opportunity to attract a large number of users.

Of course, the platform also faces a problem, that is, there are too many short orders and they need to sell a large amount of Bitcoin.

As the price of Bitcoin continues to drop, it is now only around 7,000 US dollars, and Chen Peipei and her platform are having a hard time coping.

The short contract that Li Yang had asked her to open in her personal name came in handy at this time, because long and short are opposites. Opening a short contract is equivalent to owing the platform a spot sum, which requires buying spot to make up for it.

This spot transaction is a long order.

The short order that Li Yang asked her to open before became a long order to support the bottom. Otherwise, there would be no long orders on the entire platform and trading would be impossible.

When the long orders on other platforms were already upside down by six or seven points, the long orders on Chen Peipei's platform were only upside down by three points, which naturally attracted more people.

Some platforms even came privately to grab long orders to hedge with their own platforms.

One hedge means a few points of profit, and if you trade more, you can naturally make up for your previous losses bit by bit.

In the Bitcoin spot trading market, trading volume is quite sluggish as prices have been falling.

The daily trading volume has dropped from 3 to 4 billion US dollars last year to less than 1 billion US dollars now, a decrease of nearly 70%.

However, contract trading has not shrunk. Globally, there are at least 20 billion US dollars in contract trading every day. Chen Peipei's platform is now the only one in the market, grabbing nearly 60% of the market share.

Chen Peipei feels that the platform can issue a virtual currency on its own...

After cashing out a short order, she sent a message to Li Yang.

"I feel like Bitcoin is going to collapse. We can make more money with our short positions. If you use the money to subsidize the platform now, it's like giving the profit that should belong to you to the platform. The platform's money has to be shared with Li Xiao."

Li Yang's reply was simple: "If I don't use it to support the bottom line, can the platform continue to operate?"

"Well...everyone is switching off the power anyway, so it's okay if we switch off the power once or twice."

Chen Peipei certainly knew that if it weren’t for Li Yang’s contract that had been supporting the platform, the entire platform would not be much different from other platforms.

The trend of this financial game is too bizarre. With huge profits, there are naturally huge risks, and the platform is no exception.

Spot trading can ensure profits and only charges handling fees.

Contract trading itself is the platform's own product, so it is reasonable for the platform to put out a certain amount of chips as a hedge. Otherwise, would the tens of millions of dollars in transaction fees earned every day be in vain?

If the platform does nothing, Bitcoin contract trading will experience an unprecedented inversion.

An inversion will lead to a decline in contract trading volume.

Li Yang said: "If the system shuts down once, the trust will drop by 90 points. Now we are not afraid even if other platforms come to take advantage of us. Users are not fools. We want users."

"... Then I will redeem all your short orders, from 8,000 US dollars to the current 7,000 US dollars. You have lost at least 200 million US dollars."

"Why don't you say that I made nearly six billion dollars from $20,000 to $8,000?"

"..., you are awesome! I have already covered one third of your short position. Are you sure you want to cover the rest? I feel like if the price continues to fall, it will only hold up to $5,000 at most."

"That's enough. Pay it all."

“What if Bitcoin continues to fall?”

"Then just buy more orders, but don't buy too much. Increasing the price gap between contracts and spot prices can also promote spot trading. Just keep it within a reasonable range. We already have users, so we don't need to be much better than others."

"I'm afraid you'll lose all the money you've earned with great difficulty..."

"I can afford it."

……

At this time, Li Yang was in a good mood in the dormitory.

This is the benefit of mastering the platform.

Wealth can be pocketed invisibly without anyone being able to notice it.

After all, the platform is their own, and apart from themselves, there is no outside supervision.

Only you know how much money you have earned.

He didn't know how much money others had made, but the entire Bitcoin sector had received about $60 billion in cash so far, and he alone had taken nearly $7 billion from contract trading.

If it were spot trading, he would never be able to make that much money even if he worked himself to death.

The contract is independent of the spot market. Unless the price is too far above the spot market, the funds invested in the contract will have little impact on the spot market.

Besides, he is not going to take the money once it is earned, he will continue to invest in it.

The platform he owns now has a net profit of more than 10 million US dollars a day, which is equivalent to the profit of one month last year.

He can manipulate the contract transactions himself, even if he only controls one tenth of them, it will be enough.

At its peak, the market value of Bitcoin exceeded $1.2 trillion, but the actual hot money in it was less than $300 billion.

The vast majority of funds are active in Bitcoin contracts, and the funds in the contracts are more than ten times that of the spot market.

After all, this is a market that the whole world is participating in, and money is no different from paper.

Just like a game in a small country, even if everyone there participates in it, the game company cannot make much money.

Once it is put on the global stage and can attract the attention of global capital, tens of billions or hundreds of billions of dollars will be just a drop in the bucket. The plate is not big enough to accommodate so much attention.

Li Yang is happy to see Bitcoin fall, because once it falls, the weight of the chips in his hands will increase.

It's time to talk to Nvidia.

Although Nvidia's helmsman Huang Laogou is not a good person, I still want to make money from him.

Now, due to the plummeting price of Bitcoin, global mining machine sales have dropped sharply. Nvidia's first-quarter performance has fallen by 18%. The second quarter has not yet ended, but the stock price has already fallen.

They must urgently need to stabilize the stock price.

A new round of updates for PlayerUnknown's Battlegrounds is already being prepared for them.

In fact, whether it is US stocks or A shares, it is meaningless to talk about value investing.

They are just financial tools, and people are constantly making profits from them.

U.S. stocks are also worthless. If it can make money, it is a good tool. If it cannot make money, it is not a good tool.

In fact, the reason why the U.S. stock market can continue to reach new highs is that it sucks blood from various industries around the world. The only ones who really make money from it are the capital predators, and others don’t make much money from it.

Every year when Apple makes money, the first thing it does is to buy back its own stock and then cancel it.

After cancellation, the company's stock price began to rise rapidly. When the stock price reached a certain level, one share was split into four or five shares.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like