Chapter 214: Give you whatever you want!

Generally speaking, there is a main upward trend in stocks.

But in fact, in most of the main rising wave stages, there will be no opportunity for ordinary people to participate. And when you, an ordinary person, can buy in, you should consider whether you should take over.

In the so-called main rising wave stage, the dealer only looks at the chips. As long as he can run away after analysis and has a certain profit, he may withdraw at any time and anywhere.

The purpose of distributing chips is not to let others make money, but to reduce the difficulty of your own exit.

The previous sideways movement clearly showed that the chips were being distributed.

So Li Yuan had to smash it.

Bitcoin's daily trading volume has recently increased from over 10 billion to nearly 20 billion US dollars, which seems to be a lot.

But on average over 24 hours, the chip trading in a short period of time is not particularly exaggerated.

This is also the reason why Li Yuan asked his traders to take it slow. If they enter the game too quickly, it will be particularly obvious.

With their support, prices should have risen faster.

He asked Kingkong Capital to stop the operation, only to find that the price had not changed at all.

The other party noticed that large funds had entered the market, and the hot market had brought in a large amount of scattered funds, so they wanted to wrap their big chips in the chaotic market and sneak away.

Judging from the time, the funds were sneaked away while I was sleeping, so they definitely did not come from the East.

Li Yuan understood.

Start from this moment!

He was smashing the plates while eating.

With hundreds of millions of dollars invested, even if there were tens of thousands or even hundreds of thousands of people involved in the transaction, they were all stunned for a moment.

And after this contract was shorted, Li Yuan immediately followed with the second contract.

The purpose is only one, smash it!

In just half an hour, he had invested more than one billion US dollars in contracts, which directly drove the price of Bitcoin down by more than ten points.

Coupled with the panic chips he caused, the situation was on the verge of collapse.

The most important point is that his smashing of the market leaves too much room for imagination for short positions.

After all, Bitcoin itself is just a symbol. The recent surge in price has made many short sellers eager to make a move, but they are too timid to go any further.

Everyone knows the significance of short positions. Those in this world who dare to open short positions without hesitation are either absolutely confident or novices.

For the short sellers, it is a building that was built in a very short time, and they don’t believe the foundation is deep enough.

They also don't believe there's no bubble in it.

Li Yuan is actually not afraid of collapse.

Because even if the value of the chips in his hand becomes zero, he will still make a profit.

More than a billion dollars were cashed out in the past half hour.

Sky Capital is not afraid either. Even if the value drops to zero, the maximum loss will be US$1.5 billion. After all, they have only spent more than US$1 billion so far.

Under the pressure of short orders, prices are moving further down.

From a rise of more than ten points at the beginning, it has now fallen by six or seven points, and this is just the beginning.

Another half an hour passed and it had fallen to thirteen points below the water level.

Although there have been transactions, there is no sign that funds are willing to enter the market to push up prices.

At the National Fund, I felt a little worried early in the morning, so I took a look at Li Yuan's account status.

When I saw it, I was dumbfounded.

Why is the account so outrageous?

All the open contracts are losing money.

As they looked at it, they became disappointed. Although they couldn't see the whole thing clearly due to the complexity of the data, it was obvious that they had suffered huge losses.

With leverage, I lost more than 20 points.

All in all, the loss was almost fifty points.

The capital of US$1.5 billion is equivalent to a loss of US$700 million.

He immediately called Yao Yingsong and asked, "Yao Yingsong, have you finished your work?"

"Boss, I'm not done yet. I have to talk to Mindray Pharmaceuticals today. If everything goes well, I won't be able to go back until Tuesday at the earliest."

“…”

"Forget it, there's nothing we can do about it since you're back, so let's just leave it at that. When you go back, take charge of the third phase of work."

"Phase three? Leader, didn't Phase two just begin?"

"It's all lost right at the beginning."

He called Yao Yingsong mainly to remind Yao Yingsong to be mentally prepared.

He knew very well that Yao Yingsong must be grateful to Li Yuan, and he might not be able to be ruthless when they negotiate interests in the future.

But this time Li Yuan lost.

It was Li Yuan himself who wanted the National Fund to follow his ideas, so conflicts between them were inevitable.

They bowed their heads, but they would not pretend that nothing had happened.

Since Li Yuan lost this time, they must get more benefits back.

Li Yuan originally had a 30% share in the fund, but after he lost, he would only be able to keep 10% at most.

These all need Yao Yingsong to discuss, they are not suitable.

When Yao Yingsong heard this, his heart skipped a beat.

He was not clear about Li Yuan's current operating results, but his leader would definitely not joke about this matter.

He also knew what his leader was hinting at.

The implication is that the leader is worried that he is getting too close to Li Yuan, which is not a good thing in the workplace.

"Leader, no matter what time it is, I am a member of the National Big Fund. Please rest assured that I will not refuse to do what I should do."

He had to make his position clear. Even though he was grateful to Li Yuan, he was also clear about his identity.

If his position changes because of what happens outside, then his life will be over.

No matter how outstanding you are, you can't take on important responsibilities.

"Well, I'm assured of that. Just take care of your own business. Remember to complete the second phase of the process as soon as you return."

"good."

Soon, he hung up the phone.

The leader of the National Big Fund shook his head.

In fact, he didn't want to bear the loss of $1.5 billion.

But it has indeed happened.

In fact, the country has always been very strict in controlling risks, but many people do not seem to be satisfied and feel that it has blocked their path to wealth.

For example, in A-shares, for stocks that have been hitting the daily limit for consecutive days, no one listened after the risk warning was issued.

These are the data that the village chief saw through the back door, and he finally gave a hint. If no one listens, what else can we do?

Yes, after some risk warnings are issued, the stock price will still rise.

But is that a normal rise? It’s just that there are not enough leeks and people don’t want to harvest them.

If retail investors can sell all their money as soon as they receive the notification and never enter the market again, can they still be cheated out of their money?

There is also virtual currency. The situation there is 10,000 times more complicated than the stock market. No one dares to say that they can make money in it. Once you enter it, you will just be a fool.

Not to mention that once it is liberalized, a large number of scam platforms will emerge, and most people will not be able to tell what a scam platform is.

In fact, a lot of things have been done, but the effect they can have is very limited.

You can't just accuse someone of manipulating the stock market without any evidence, right?

A shares are not very attractive to investors in the first place. If they continue to make groundless accusations and cause panic among the people, it would be better to close the market as soon as possible.

He felt that Li Yuan was really going to be in trouble this time.

I just hope that this time it won’t undermine Li Yuan’s confidence, because the cooperation between the two sides will continue.

Behind Li Yuan's trading data in the stock market, there are professionals reviewing it.

It would be difficult for a group of experts to replicate it with hindsight, and Li Yuan is not a flash in the pan.

From the Qingtian Mixed Small and Medium Cap Fund to the Qingtian Global Select Mixed Fund, it has already proven its strength.

He couldn't help but take another look at the data, and then... his expression turned ugly.

"Forget it, I won't watch it anymore..."

Bitcoin has fallen thirty points...

The overall loss was at least seventy percent, which was almost equivalent to a total annihilation.

He didn't know how much Li Yuan held and thought that Li Yuan entered the market with a full position using double leverage.

After all, it is their own money, and the 10 billion is theirs.

Of the more than 20 billion yuan that Li Yuan earned last time, more than half has been spent.

"Anyway, next time, we will take the lead and won't let him play this kind of thing again."

Facts have proved that even Li Yuan can't play with Bitcoin, and banning it in China is absolutely the right choice, otherwise, I don't know how many people would lose their fortunes.

He had already decided to use this incident as a typical example to warn the people below.

…

Li Yuan waited for two hours and found still no movement.

Despite such a violent market crash, the market makers remained indifferent, which is different from the past.

He didn't want to take it because if Kingkong Capital continued to use the money in his hands, there would be a risk of a margin call.

After all, it’s double leverage.

He is not afraid of a margin call now. At most, he will lose everything, because he has only invested a few billion US dollars in total and did not put all his money in.

The price dropped from 16,000 to 10,000, but those people were still able to hold on.

If they don't take action, Li Yuan will have no way to analyze the situation.

After all, he only had so much money in his hands, so he could only go with the flow.

The previous crash was to recover some of his own cash on the one hand, and to prevent the other party from escaping so easily on the other hand.

It works, but the effect is not strong.

Even Sky Capital was involved.

He was fully prepared for a bloody fight today, but the other party didn't make a move.

He didn't believe that the other party, who had mobilized so much money, would fall asleep at this time.

You have to keep your eyes open even when you are asleep, right?

Li Yuan thinks that among the people who play finance, he is not a particularly greedy person because he makes money now not to spend it, but to build some roads for himself.

For him, if he can earn money, he will earn it. If he can’t earn money, it doesn’t matter.

Even if you lose money, it is not something you can't face.

But most people who deal in finance are money-loving. Can that group of people who have invested at least two or three hundred billion US dollars sleep peacefully?

Even if Li Yuan was beaten to death, he wouldn't believe it.

He was sure that those people were staring at the plate.

There are only two possibilities for why he didn't take action.

Either they are waiting for the situation to be more controllable, or they are holding back on doing something bad.

Li Yuan thought it was the latter.

Because they already have a high degree of control, they control at least 60% of the Bitcoin chips that can be circulated in the market.

Otherwise, how would they dare to cause such a big trouble.

It is precisely because they have a strong control over the market that as long as they raise the price a little more, they can make their investment back even if they only ship one third of the goods in the end.

The subsequent chips are pure profit and can also be used for secondary operations.

Since they already have a high degree of control, there is no need to wait for the situation to be under control, because they have not stolen much money at all. For them, the situation is always under control.

Now there are two paths before him.

The first is to stay put and wait for the other side to make a move.

But that's too cowardly.

And if you don't participate, it's difficult to accurately grasp the market conditions.

It’s like just reading books all day without doing exercises. You will most likely make mistakes in the exam.

The second is to use the remaining money of Kingkong Capital to open short orders with leverage to hedge against its own long orders.

Judging from the current situation, if the price continues to fall, the profit from short positions will be greater than the loss from long positions, so the position will never be liquidated and the investment can be recovered slowly.

If the price goes up, short positions will definitely lose more, but if the price goes up, there will still be room for other operations.

This method does not seem to make much sense. It is a way to protect costs. You will definitely not make any money overall, and will eventually lose at least one-third of your principal.

Of course, what Li Yuan wants is definitely not to protect the cost, but to make some changes in the market and create opportunities for himself.

Li Yuan didn't know what the other party was planning, but he knew that he was definitely trying to make money, more money.

The current price of $10,000 per coin is not enough to support them in making money.

How else can they make money?

The answer is obvious, short order!

From the time Li Yuan started the sell-off to now, a lot of short orders have emerged in the market.

Li Yuan couldn't figure out the detailed data, but based on the trading volume in the past few hours, it should be more than ten billion US dollars.

Kingkong Capital holds multiple contracts, which are essentially consistent with the interests of the banker.

And judging from his participation in the past two weeks, the other party does not reject the existence of long orders, which can help them consolidate their chips.

As for making money? It doesn't matter. No matter how much you make, it's just a drop in the bucket compared to them.

They are just waiting for enough short orders to accumulate in the market and then buy them all in one go.

In this way, the subsequent short orders will become their biggest source of profit.

Without short orders as a base, the market may collapse at any time.

They just need to blow up the short positions, and no matter what the price of the chips is, the other party will have to pay to buy them.

Li Yuan took a look at Chen Jie's account.

I have to say, this two-pronged approach feels really good. If you apply it to the stock market, you can easily manipulate the stock market and be caught.

He couldn't imagine how Shen Tianfu and his group had lost in the first place.

How can you lose when you have the best timing and location?

They colluded in various illegal activities in private, and couldn't even defeat him, whose position could not exceed 5%?

This time, there is indeed pressure facing the dealer in Bitcoin.

The other party has no impulse funds at all, and every step he takes is very solid.

But he has two accounts.

Theoretically, he even has a capital of 6 billion US dollars.

He is afraid of nothing!

Even if the other party has 30 billion US dollars in capital, it is not much different from him.

Therefore, he directly took out the money he had just cashed out and opened short orders one by one.

Just smash it out slowly.

A single transaction is $100 million.