Chapter 692: Big purchase of Bitcoin (1.03 million)
After the money was received, Cao Shujie kept staring at the Bitcoin trend chart in the BTC trading system.
He found that the price of Bitcoin continued to rise after opening slightly lower today, and returned to above US$280 in less than half an hour.
At this time, Cao Shujie was not in a hurry to buy.
He has 10, 10 pending orders, and the prices are all at a low level. It’s great if the transaction can be completed, but don’t worry if you can’t.
He doesn't know if there will be any further decline, but according to his understanding of the capital market, it has not fallen to the point yet at this position.
Cao Shujie wants to buy now. The difference is that he is a Bitcoin warrior with faith and he can hold on to it for several years.
When I was thinking about when the 10 Bitcoin pending order could be completed, my eyes suddenly saw the trend line on the computer screen turning from a high place and hitting it directly.
And the order of 10 Bitcoins he just set at the low level was also sold at once.
After this order was completed, Cao Shujie continued to place orders unhurriedly. This time he directly placed an order for 100 Bitcoins, but the price still went down.
I just placed the order and it was completed in less than 5 minutes this time.
But at this time, Cao Shujie could also find that the trading on the market was actually not active, otherwise the transaction would not have been so slow.
In this case, he can only give it a try at a high price.
Thinking of this, Cao Shujie directly placed an order for 200 pieces at a high price, equivalent to more than 340,000 yuan.
But after placing the order, the transaction was not completed immediately. Instead, he waited for a while before pocketing the 200 pieces.
"Is this a reluctant sale? Shouldn't it be?" Cao Shujie was a little confused.
He did not expect that the ups and downs in the previous period had already exhausted many people who were playing in the currency market. During this period, there were signs of rebounding from low levels. The decline was not so big, but the frequency of transactions dropped.
At this position, everyone is looking forward to Bitcoin, which has been falling for more than a year, to make a desperate reversal and give all friends who are speculators a surprise.
It is also because of this that there is a reluctance to sell.
After the third order of 200 coins was completed, Cao Shujie thought about it and simply placed an order of 500 coins with a slightly higher price.
Seeing that the transaction would not be completed for a while, Cao Shujie was not anxious.
After locking the computer screen to protect it, he went out directly, thinking to see if there was any transaction when he came back.
When he came outside, Cao Shujie went around the workshop, returned to his office, and turned on the computer again. Cao Shujie found that the order he had just made was not successful at all.
"The order is too big and no one is willing to sell it?" Cao Shujie thought to himself. At this time, he realized more and more that it would be difficult to buy enough of these 7,500 coins.
Cao Shujie was a little disappointed when he saw that there were no big orders in the sell order list.
On this day, Cao Shujie bought 1,110 Bitcoins at about US$250, but this wave of pending orders took too much time, and he also realized that the transaction could not be completed today.
When he got home that night, his wife Cheng Xiaolin also asked him about his purchase of Bitcoin.
After Cao Shujie finished speaking, Cheng Xiaolin felt incredible: "If you don't want to sell it, how can you think of using this thing as a family heirloom?"
Cao Shujie turned to look at his wife, thinking that this thing was much more valuable than a family heirloom.
He is not the only one in this market who has this vision, there are many people who have become on the rich list by buying Bitcoin at low prices and selling at high prices.
It can only be said that there are many talents in this society, but the tip of the iceberg they see is still too small.
In the following days, the price of Bitcoin rebounded slightly, but at this time the reluctance to sell became even more obvious.
Some people even started to rush for orders.
It is getting more and more difficult for Cao Shujie to continue buying Bitcoin.
But he took his time and slowly bought, but the price kept fluctuating back and forth within a relatively narrow range. This kind of fluctuating trend made it difficult to conclude a transaction.
Cao Shujie was not discouraged, he just played slowly.
During this time, many people in Caojiazhuang began to prepare things for the New Year in advance.
Xuemeng Food Factory is also busy preparing for the factory Daqing event.
During this time, apart from walking around the factory and communicating with department managers about work matters, Cao Shujie spent the rest of the time in the office recycling Bitcoins.
When he came back this time, Cao Shujie thought it would be a good buy. Who knew that on the contrary, the recent trading volume was shockingly low.
Cao Shujie guessed that it is very likely that the price of Bitcoin fell by 75% this year, and many people were trapped by Bitcoin. In this case, some people simply pretended to be dead, always thinking of making a comeback, and sold instead.
less.
Therefore, there are not many large orders of more than 500 coins on the market, and extremely large orders of 1,000 coins are almost never seen. Cao Shujie only orders 100 coins, 200 coins, etc. every day.
What made him happy was that the price of Bitcoin continued to fall in the following days. On January 14, the price fell below $220.
At this time, something happened that stunned Cao Shujie.
Many slightly larger orders have appeared, as if they are in a hurry to order takeout.
Cao Shujie even grabbed several large orders of more than 500 coins at around 210 US dollars. When he saw that there were 3,310 more Bitcoins in his account, most of which were bought today, Cao Shujie was incredulous.
He really couldn't figure it out. He had previously put more than 260 US dollars or 270 US dollars to buy Bitcoin, but sometimes he waited for an hour without any transaction.
Who knew that when Bitcoin fell, trading volume suddenly increased.
What the hell is the difference between this and chasing ups and downs in the stock market?
The group of people who play with money emotionally are no different from the group of people who play with stocks. Taking advantage of this opportunity, Cao Shujie began to make large-scale purchases.
But he also found that there were others who were also collecting, and the amount was not small.
More importantly, the price of Bitcoin continues to fall.
By January 15, the price of Bitcoin was already hovering near $200.
At this time, orders were pouring out, and everyone seemed to be afraid that if they ran a step slower, they would be buried in it, so they admitted their losses and were out.
However, these orders were taken away by people. Among them were people with the same purpose as Cao Shujie, and there were also people with special speculation funds to pick up the bloody chips at low positions.
Regardless of the actual situation, Cao Shujie unswervingly continued to buy.
Especially on January 15th, the lowest intraday price fell below 180 US dollars, and the meat-cutting plates poured out like a tide.
There are also some rumors in the market that Bitcoin has systemic risks and will continue to fall, and may even be worthless in the future.
Some people also say that it may not even be as good as waste paper.
Because waste paper can also be used to wipe your butt, but Bitcoin is just a string of numbers. After it collapses, you can't see or touch it.
This is how someone commented on these currency speculators.
I bought some air.
But people like Cao Shujie still unswervingly carry out their plans.
Even if Bitcoin fell below US$178 during the session, and some even predicted that Bitcoin would continue to fall below US$100, Cao Shujie remained unmoved.
He also grabbed two large orders of 1,000 coins at around $180.
This is also the largest order Cao Shujie has grabbed since he bought Bitcoin again this time.
After these two large orders, Cao Shujie only had more than 3 million funds left in his hand. At this time, he had bought more than 6,400 Bitcoins.
But the sharp intraday drop did not last long, and then it was pulled back.
Cao Shujie later took advantage of the chaos and grabbed another 1,600 Bitcoin orders ranging from US$185 to US$193.
This range is huge and most people cannot accept it, but Cao Shujie is still very steady and not soft at all.
After completing these two orders, Cao Shujie discovered that he had purchased 8,010 coins this time, and he had sold 12.64 million from CITIC Securities, leaving 960,000 unspent.
I thought to myself that even if I invest more than 900,000 yuan at this stage, I can't say that I'm sure to win, so I might as well continue to buy Bitcoin and round up this wave of transactions.
In the end, Cao Shujie spent 12.609 million, buying a total of 8,700 Bitcoins.
The highest buying price in this wave was 263 points, the lowest buying price was 179.7 US dollars, and the average buying price was a little over 218 US dollars.
Cao Shujie was very satisfied.
Even this wave sold 1,200 more coins than the 7,500 sold last time.
But in the last wave, Cao Shujie sold 7,500 Bitcoins, converting them into a total of 52.913 million yuan.
This time, he used only 12.6 million yuan to buy back 8,700 bitcoins. Not only did he buy 1,200 more bitcoins, he also saved more than 40 million in cash.
Big win!
What's more important is that he still has 36,337 yuan in his Bitcoin account. He never expected that he would still have some pocket money at the end.
When things got to this point, Cao Shujie didn't show any proud expression.
He just feels that this thing really requires a big heart, otherwise reading the market every day and jumping up and down can give a normal person a heart attack, not to mention that there are still people who break in to try to be stupid, but in a short period of time
Being trapped again, I was so angry that I wanted to vomit blood.
Cao Shujie sold more than 12.6 million yuan from CITIC Securities, transferred all of it to his Bitcoin account, and bought it in Bitcoin, but he still had more than 36,000 yuan left to spend.
When he thought of this, Cao Shujie felt an inexplicable joy.
After much hesitation, Cao Shujie spent the last bit of money to buy 24 more coins, leaving a few hundred yuan left that he couldn't buy anymore.
At this time, Cao Shujie suddenly thought of Ma Changrong, the credit manager of Qingshi Town Branch of Yiling Rural Commercial Bank, and wondered whether he had bought Bitcoin during this time.
Inexplicably, Cao Shujie was particularly curious.
He was thinking that if Ma Changrong bought it at around US$260, the current price of Bitcoin fluctuated repeatedly between US$190 and US$200. Even if calculated at US$200, Bitcoin would have fallen by 30% in a short period of time.
"Did he cut off his body again and leave?" Cao Shujie couldn't help but laugh when he thought of this.
…
Not to mention, Ma Changrong, who was missed by Cao Shujie, had a bitter look on his face at this time, and he complained about Bitcoin in the room.
In the last wave of Bitcoin purchases, a total of 200,000 was invested, but more than 50,000 were lost.
After that, I invested in the stock market and not only recovered my capital, but also made hundreds of thousands. The capital in my hand suddenly reached more than 300,000.
During this wave, Ma Changrong liquidated his stocks and switched to Bitcoin. He bought 150 coins at a high of $263, which cost him 276,000.
I originally thought about holding the currency and waiting for it to rise, but no one expected that in the next week, the price of Bitcoin dropped from 263 US dollars to 180 US dollars.
At this moment, Ma Changrong wanted to cry.
He not only lost 30%, but based on the price range, Ma Changrong lost a total of 46% in this operation.
He felt a little unable to hold on, and thought about cutting off the meat and buying stocks to recoup his capital.
