Volume 4 Crazy Growth 2017 Chapter 867: The Cunning Rabbit Has Three Burrows
Although Bitcoin had failed to rise before, and its market value was even halved at one point, and its market value is in a constant fluctuation range, but after tasting the sweetness once, Lu Sifang can be said to have a deeper understanding of this magnificent battlefield.
As the saying goes, all fear comes from insufficient firepower. But when one holds abundant ammunition in his hands, what overflows from his heart is no longer fear, but excitement. He even enjoys the thrill of licking blood on the edge of a knife.
Even though the market value of Bitcoin has plummeted after the previous wave of ups and downs, for Lu Sifang who holds low-priced chips, it is obviously impossible to reduce it to his cost price no matter how the market fluctuates.
Of course, for an experienced "financial migrant worker" like Lu Sifang, it is impossible for him to sit there and watch a mountain of gold in front of him and turn a blind eye.
Even if it is just a simple and crude operation of selling high and buying low, it is possible to reap huge profits from this gold mountain, especially Lu Sifang's own small treasury, which can't even make a ripple in the face of such a huge market.
Therefore, when Bitcoin once surged to nearly 5,000 US dollars, Lu Sifang had already taken this opportunity to lock in the profits.
After all, faced with the major negative news of the closure of the Hua Xia Exchange, no matter how dull Lu Sifang's sense of smell was, it was impossible for him not to realize how much shock this news would bring to the market.
Of course, with that small position, you can naturally come and go freely in the market, but with a large position like the boss, it is naturally impossible to turn around flexibly. You can only sell and buy in accordance with the market trend and reduce the cost line of the position little by little.
Even so, with a position of nearly one million coins, even if the profit squeezed out by reducing the cost just a little bit would be much more than his own small treasury.
Despite this, it did not prevent Lu Sifang from easily making a profit of one million US dollars. Not only did he recover his costs at the table, but when the market was almost cut in half, Lu Sifang decisively absorbed funds from a low level and re-established a position.
In the end, not only did he get his chips back, but he also successfully made a profit of over one million US dollars, allowing Lu Sifang to fully experience the decadent pleasure of a life of luxury.
It has to be said that as long as you have enough US dollars, the happiness you can experience on the other side of the ocean is far beyond the imagination of ordinary people.
Freedom is real freedom, but the price of freedom is also really high.
However, before Lu Sifang could recover from the decadent happiness of capitalism, after the previous round of surge, the fat cake of Bitcoin had naturally attracted the covetousness of many capitals.
Especially with the further iteration of technology, Ethereum, the world's largest exchange, has launched the IDO model in response to local conditions!
Simply put, it is based on blockchain technology and further improves the financial attributes of Bitcoin. The introduction of this technology has allowed Bitcoin to further transform. It is no longer just a toy that the general public talks about and shows off on social media.
Instead, it becomes a real financial tool.
The maturity of the technology, coupled with the further recognition of its own value by the market, and its asset-neutral properties like gold, have become a mainstream argument circulating in the market and are very popular.
Whether it is its gold-like value storage function or its more convenient transaction attributes based on technology, it has gradually attracted many enthusiastic investors.
Although the nearly halved market value caused some retail investors to exit the market, it also gave many investors the opportunity to buy at the bottom. Especially for profit-seeking institutions, it is impossible for them to turn a blind eye to such a tempting opportunity.
Therefore, at one time, retail investors and institutions almost reached a consensus and began to rush into the market in unison, so that the trading volume in the Bitcoin market increased instead of decreased!
The trading volume has not only stabilized in the range of more than 10 billion US dollars, but has occasionally surged to more than 2 billion US dollars. The trading volume and turnover rate have remained high, and the market has been unprecedentedly active.
As the external environment becomes more unstable, global economic uncertainties increase, especially the frequent interest rate hikes by the Federal Reserve, the root of all evil...
These objective factors have undoubtedly become indirect drivers of the Bitcoin market. With the help of many institutions, Bitcoin's safe-haven properties, known as "digital gold", have undoubtedly further catered to the needs of many investors.
Wall Street capital, known as the world's financial center, naturally cannot miss such a feast. Obviously, there are some investors among them who have already tasted the sweetness.
And with word of mouth spreading as a capital for showing off, this delicious piece of fat meat was naturally exposed to this group of jackals, tigers and leopards without reservation.
Although this group of jackals and tigers are notorious, no one will doubt their keen sense of smell, especially as a lot of Wall Street capital has shifted from the stock market to the digital currency market.
Its role as a market weather vane came into play, allowing this wave of market conditions to gradually evolve into a global event. Under the attention and promotion of the global market, Bitcoin instantly became the darling of the global market!
Just as the wheel of history cannot be stopped, driven by the global market, the launch of this round of Bitcoin market is even more unstoppable!
The US$5,000 mark that had previously been a stumbling block was like a paper tiger this time and was instantly broken through. The market surged by more than 15% at one point, and the trading volume exceeded the US$3 billion mark in one fell swoop!
The market fluctuations were so great that they even triggered the warning line set by Lu Sifang's team. For this reason, Lu Sifang did not dare to be negligent or have a lax mentality anymore. He began to mobilize the entire team to watch the market with full concentration.
When Lu Sifang looked at the curve on the board that looked like a dragon raising its head, he slapped himself for no reason to wake himself up.
At this moment, Lu Sifang suddenly realized how short-sighted he was in using his previous operations to arbitrage his expenses... Fortunately, he still had the chips in his hands...
The other team members couldn't help but feel a jolt in their hearts, and they quickly perked up, staring intently at the fluctuations in the market, while collecting information from all directions and reporting to Lu Sifang after summarizing them.
In the following period of time, the Bitcoin market was like a firecracker that was lit, soaring into the sky and making quite a noise.
“CME Group recently announced that it will launch Bitcoin futures… Stimulated by this major positive news, the market value of Bitcoin has broken through the $6,000 mark, setting a new historical high!”
It was not until the end of October that the market value of Bitcoin finally reached a new high. At the same time, it also meant that investors who had a large position in Bitcoin once again received extremely generous returns on paper.
As a manager, Lu Sifang naturally did not dare to be negligent. He patiently calculated the time difference, chose a suitable time, and called Zhou Dongsheng.
Although separated by oceans and spanning day and night, it still cannot block the spread of information.
Zhou Dongsheng was sitting on the Diaoyutai when he received the call. After giving the orders, Zhou Dongsheng had undoubtedly completed his task. All that was left was to wait for the acceptance of the results.
If he has to do everything himself, then what is the point of having those good-for-nothings under him?
As November approaches, another Internet conference is about to begin. This annual "Huashan Sword Contest" for the Internet industry is naturally attracting much attention.
For Zhou Dongsheng, who has now made clear his goal of "pursuing fame and fortune", there is naturally no reason for him to be absent.
During this period, Zhou Dongsheng was not idle either. After all, he was now in the limelight and his popularity was unprecedented. Many media outlets that were smelling something heard the news and invited Zhou Dongsheng to an exclusive interview.
For this reason, Zhou Dongsheng naturally selected the more authoritative people to be interviewed, and he was determined to pursue fame and fortune to the end.
At the same time, not only is the annual Wuzhen Summit about to begin, but the major annual wealth lists are also about to usher in season updates.
As the best newcomer of the previous season, Zhou Dongsheng is naturally the most watched rising star. Not only are the general public curious about his latest net worth, but even the business magazines that compile major wealth lists are flocking to him.
After all, as a business magazine, the wealth list has always been their most popular selling point, if not the only one.
And this authority has always been their lifeline for survival. Therefore, it is natural for the team behind them to spare no effort to maintain this authority.
The so-called authority naturally means ensuring that the timeliness and authenticity of the information you obtain must be first-hand.
To achieve this, what could be clearer than communicating directly with the parties involved?
The process of compiling wealth lists between business magazines and wealthy individuals is a two-way street.
Obviously, a business magazine would not rashly feature the rich man without his consent.
This is like a user agreement. As long as you don’t check the box to agree, you will not appear on the rankings even if you are as rich as a country.
It is precisely this two-way choice that has led to the existence of many invisible wealthy people who are unwilling to show up in public.
As a prominent figure in today's public opinion field and the focus of public attention, Zhou Dongsheng has naturally become a guest of honor in major business magazines.
The first time is unfamiliar, the second time is familiar. Zhou Dongsheng, who wanted to pursue fame and fortune, naturally had no reason to disagree.
While happily agreeing, Zhou Dongsheng couldn't help but ponder it.
The list needs to be updated, but it is impossible to reveal all the wealth. It is not an exaggeration to say that...
Even Zhou Dongsheng himself does not have an exact number of the assets he currently holds.
After all, out of the prudent mentality of "a cunning rabbit has three burrows", Zhou Dongsheng never thought of putting all his eggs in one basket.
Among them, the overseas investment business is undoubtedly the overseas assets that are relatively independent of Dongsheng Group.
At the same time, adhering to the idea that no matter how small a mosquito is, it is still meat, Zhou Dongsheng did not forget his original intention and hid a small treasury in the stock market to leave himself a way out of billions.
Although Zhou Dongsheng is not a drinker, it does not stop him from increasing his holdings of the national liquor Moutai every now and then. After all, he cannot suffer a loss or be cheated by buying it, so whenever he has some spare money, he will place a buy order in the stock market and buy some stocks.
Although times have changed, A-shares have experienced ups and downs, the market has experienced changes in bull and bear markets, and the battle to defend the 3,000 points has been fought again and again, but only the national liquor Moutai has always stood firm in the market.
We have been steadfast in promoting the unique sauce-flavored technology in the world, and have survived both the bull and bear markets and entered a long-term slow bull market. Today, the share price has exceeded 600 yuan per share.
The day when one share can be exchanged for one bottle of Moutai is just around the corner.
Nevertheless, when the rate at which your wealth grows far exceeds your spending, then how much assets you actually have naturally becomes an unknown.
Of course, if statistics are necessary, professionals will be able to come up with a specific number. However, for Zhou Dongsheng, it is possible but not necessary.
Just think of it as pocket money in your pants and put it aside for now. Maybe one day it will give you a little “surprise”.
What's more, stock trading itself has nothing to do with paying taxes. It is enough to ensure that Dongsheng Group pays taxes on time.
Therefore, when choosing to disclose his wealth, Zhou Dongsheng only outlined the option of Dongsheng Group. With the current strong financial resources of Dongsheng Group, it is enough for him to gain a lot of points in the new season.
And when I received Lu Sifang's call, I heard his excitement on the other end of the phone, and when he told me that Bitcoin had broken through the 6,000 US dollar mark, I was expecting my reaction...
Zhou Dongsheng has a subtle sense of pleasure. He has obviously experienced a lot of impacts brought about by the dislocation of time and space, but he still enjoys it every time, feeling that everything is under his control.
Lu Sifang's excitement came from exceeding his expectations, but it was obviously still some distance away from Zhou Dongsheng's expectations.
For Zhou Dongsheng, Bitcoin is undoubtedly similar to the current national liquor Moutai.
"Oh, 6,000 US dollars, right? Keep up the good work, I think there is still room for improvement..." Zhou Dongsheng said calmly.
Zhou Dongsheng's reaction was like a bucket of cold water, which chilled Lu Sifang to the core and cooled him down completely. He was unable to recover for a moment.
Could it be that this was also within the boss's expectations? It was truly terrifying!
"In the chairman's opinion, how long will this round of Bitcoin market last? When should we choose to sell?"
While Lu Sifang was full of admiration, he couldn't help but ask for instructions in a respectful tone. After all, he himself was not sure.
But he was unsure, but did Zhou Dongsheng have any confidence?
Although we know that Bitcoin will once soar to an astonishing height in the future, up to tens of thousands of US dollars per coin.
However, this psychological expectation, just like the national liquor Moutai, no matter how high it can rise in the future, will not prevent it from falling as much as it wants now.
For this reason, Zhou Dongsheng could only perfunctorily say: "Let's wait and see at the end of the year. 2017 is almost over, and you can return home to celebrate the New Year at that time..."
"It is my honor to serve the chairman. I will do my best to fulfill my duties..." Lu Sifang said without hesitation.
Zhou Dongsheng burst out laughing, said a few words of encouragement and hung up the phone. Perhaps even Zhou Dongsheng did not expect that his casual remark would actually come true.
