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Chapter 804 Pre-ignition

Zhou Dongsheng was shocked when he heard this. The undercurrent in the virtual currency market came so quickly.

"How much has it increased?" Zhou Dongsheng asked impatiently.

In fact, Zhou Dongsheng’s understanding of the entire Bitcoin market is only the tip of the iceberg, regardless of whether it is the entire iceberg on the sea, or the undercurrent of dealers fighting deep under the sea...

Zhou Dongsheng knew very little about this, but just relying on a very high future expectation and using it as an anchor was enough to become Zhou Dongsheng's main motivation for investing heavily in Bitcoin.

Looking at the entire virtual currency market, it is undoubtedly a paradise for adventurers, with speculators who love venture capital everywhere. However, Zhou Dongsheng is like a breath of fresh air, "betting" on the future with the concept of value investment.

And such a market that can be traded 24 hours a day without any limit on the rise and fall is just like the ever-changing sea. It is calm one moment, but there may be a violent storm the next moment.

However, there is obviously still a huge difference in volume. Looking at the entire Bitcoin market, the daily transaction volume fluctuates around hundreds of millions of dollars, and sometimes even only tens of millions of dollars.

Generally speaking, the small size means that the chips available for trading in the entire market are very limited, and there are relatively few players participating in it. It is just like an unpopular and niche stock in the stock market, with very few people.

Therefore, even if Zhou Dongsheng has enough funds and wants to invest, he must spend enough time searching for chips in the market.

If there are only tens of thousands of chips circulating in the market every day, then no matter how abundant the funds are, it is impossible to create hundreds of thousands of chips out of thin air.

The so-called buying and selling relationship naturally requires someone to sell before someone can buy. This is simple supply and demand.

The original supply and demand of the entire Bitcoin market, after three years of precipitation, has undoubtedly maintained a relatively balanced supply and demand relationship. Although people come and go in the market, there are still generally the same number of players.

Whether they are holders or traders, most of them adopt a wait-and-see attitude. Once the situation goes wrong, they are likely to scatter like frightened birds in an instant.

The appearance of Zhou Dongsheng is like a weight that overwhelms the balance of the scale. With his entry into the market, the balance of the market has begun to tilt.

With Zhou Dongsheng investing a lot of money and holding a heavy position in Bitcoin, no matter how quietly he sneaks into the village, there is no need to shoot.

As it continues to sweep away and increase positions, the number of mobile chips in the market continues to decrease, and the relationship between supply and demand quietly reverses.

Even if the entire market is like a dark forest because of the unique decentralized nature of the blockchain, where you can’t see me and I can’t see you, the reaction will naturally be a little slower.

However, no matter how slow the market reaction is, no matter how slow the players in it are to react, the chips flowing in the market are constantly decreasing, but this is a situation that everyone can see.

When the market supply and demand relationship reverses and demand exceeds supply, then prices will naturally rise!

This simple principle is naturally effective when it comes to Bitcoin transactions. When more and more people realize that someone is buying goods in the market, the entire market will naturally take notice.

Bitcoin, which had just broken through a new all-time high and reached a height of $1,000, not only showed no signs of decline, but actually maintained a steady upward trend, constantly setting new "highest prices in history."

The market logic is also very simple. When you hold the same commodity, and there is a businessman in the market who keeps selling it at a high price, he will accept all comers and charge as much as he can.

At first, everyone may be overjoyed, thinking that it is enough to make a small profit, and once the goods are shipped, they are out, and it is safe to settle down.

But when he wiped out all the goods on the market, his appetite remained unchanged. Even in the face of rising prices, with the purchase price almost doubling, he still continued to accept the goods.

At this time, most people will belatedly realize that the value of this product far exceeds their expectations!

Once they realize that they are profitable, the vast majority of holders don't mind waiting to see if it will rise in the future. However, those who sold early will start to wonder if the price has risen a lot after seeing the price increase.

It should be picked up from a high position...

As the saying goes, any market change is definitely not the result of a single factor, but must be formed under the joint action of multiple factors.

When the entire market initially reaches a consensus and everyone is optimistic that the market outlook will rise, the sell orders in the market decrease sharply, while the buy orders increase steadily, forming a seller's market!

In view of the consensus that the total amount of Bitcoin is constant, the chips are always limited, and the holders are unwilling to sell, the price will naturally rise again and again!

This kind of "abnormal fluctuation", if there is supervision, the regulatory authorities have often issued warnings, risk reminders, and even inquiries...

However, in this market, this obviously does not exist.

Therefore, the emergence of Zhou Dongsheng as a variable, coupled with his constant behavior of buying goods, was the fuse that ignited the Bitcoin market, causing Bitcoin, which had been dormant for three years, to suddenly start to skyrocket!

"Chairman! Just now, the market value of Bitcoin exceeded US$1,500, and the single-day transaction volume soared to US$3.3 billion, almost breaking the 1 billion mark. The entire market has been more active than ever before!"

Lu Sifang said with great excitement, after all, all this is developing too fast. From Zhou Dongsheng's massive increase in positions, lobbying for a US$1 billion fund, and the continuous increase in positions...

After all the planning, I still haven’t even had half a year left!

However, for Lu Sifang, who scraped together a million US dollars and completed the position at US$619, his floating profit has reached 142%, and he has earned nearly US$1.5 million after excluding the principal!

In less than half a year, I have already achieved my small goal of earning one million a year ahead of schedule, and I am still making a lot of money!

This intense secretion of adrenaline and the heady feeling made Lu Sifang deeply appreciate the charm of the financial market for the first time.

Although Lu Sifang has handled a lot of funds in his rich industry experience, the amount of funds Zhou Dongsheng has put him in charge of alone is nearly 2 billion U.S. dollars!

For such a huge capital position, just a 1% fluctuation, the profits and losses on the books are tens of millions of dollars, but for Lu Sifang, it seems that they are just a series of insignificant numbers, and he does not feel too much in his heart.

Big waves.

This is undoubtedly a necessary professional quality for most financial practitioners. Just like a bank teller who handles millions of cash every day, it may feel novel at first, but over time it will become numb.

After all, only by numbing yourself can you calmly handle your work and be qualified for this position.

In the same way, the same is true for Lu Sifang. In addition to remaining sensitive to numbers, those numbers are really just numbers to him.

However, putting it in your own pocket is another matter...

In less than half a year, he has made so much profit. It is no different from robbing money. As for the income of his own boss, it is no different from robbing a bank.

After all, no matter which bank you rob, you can't get hundreds of millions of dollars in profits!

Lu Sifang then reported: "Under the premise of resolutely implementing your investment policy, Chairman, the number of Bitcoins we hold through diversified positions has exceeded 500,000. Of course, the cost of holding positions will inevitably rise...

…”

"But even so, the floating profit on the book has reached 60 points, and the income is nearly 300 million U.S. dollars. Currently, one-third of the funds in hand have not yet entered the market..."

When it came to work, Lu Sifang regained his composure, reading data like an emotionless machine, but he still couldn't help but feel a little shaken in his heart.

The amount of funds between the two is like a true reflection of retail investors and institutions. Although it is difficult for a large amount of funds to achieve an amazing rate of return, with the advantage of funds, the income is still very considerable.

The advantage of small amounts of funds is that they are flexible, and they can successfully enter the market and complete the opening of positions at low prices.

Sure enough, being too big is not a good thing. Just one head in, and it’s already impossible to get in!

Hmm? Something seems wrong.

Zhou Dongsheng joked, "If we use 21 million chips, we can only get just over 2% of the chips, which is still far from triggering the 5% chip raising mechanism."

"However, the number of Bitcoins mined today is only over 10 million. Excluding Satoshi Nakamoto, a big banker who may hold millions of chips, the number circulating on the market is quite limited..."

"After all, with 500,000 chips, we can be considered a medium-sized banker."

Zhou Dongsheng said calmly, although he has made a lot of small profits, but for this virtual currency, this is obviously just an appetizer.

There is no need to wait until a few years later, when the price once skyrocketed to tens of thousands of dollars, and a coin was hard to find. Just look at the future expectations of ten thousand dollars...

The upside space is still vast, and the sky is the stage for Bitcoin.

"That's right, so Chairman, should we continue to add positions? In the current hot market, the entire market can be said to be priceless but not marketable. The cost of continuing to chase the increase is high. It is hard to say how long this short-avoidance market can last. We are

It’s not about waiting on the sidelines and waiting for a correction…”

Lu Sifang calmly analyzed that after all, although the operation of chasing the rise and killing the fall is high risk and high reward, if the operation is not careful, it is also easy to give up the profits that have been obtained in vain.

"I definitely have to add more. I won't stop until I use up every bullet in my hand. Again, I am unilaterally optimistic that the market outlook will be stable and improving, but..."

Zhou Dongsheng thought about it for a while, and vaguely felt that he had touched something, "We already have 500,000 chips in our hands. If we are in a hurry, we are not in a hurry."

"I believe this round of market fluctuations should have aroused the vigilance of many institutions. These hyenas will not give up any profitable possibility easily."

"Perhaps it is because of the off-site factors that they are eager to get on the bus that indirectly promotes this round of rise. For those who are already on the bus, there is no intention of taking this opportunity to gain more chips.

…”

"The drama of external cooperation and liquidation of retail investors here should come up from time to time. A slight market correction is possible, but if it wants to fall sharply again, without any major bad news, it is probably not going to happen."

Zhou Dongsheng sorted out his thoughts and also realized that the reason why Bitcoin will rise sharply in the future may also be due to the high concentration of chips in the hands of institutions in this process.

It is precisely because of the high concentration of chips that the spread in the market is very limited. With the joint efforts of big dealers and strong dealers, it is natural for the market to accelerate and skyrocket.

After all, driven by common interests, everyone will naturally form a consensus. Only by continuously pulling up can more lucky people be tempted to enter the market and take over.

And this time, in this process, Zhou Dongsheng undoubtedly played the role of banker!

At this time, Zhou Dongsheng suddenly realized that the so-called "decentralization" was undoubtedly the biggest cover, a big lie that could continuously deceive latecomers.

Once the chips are highly concentrated, for example, if Satoshi Nakamoto holds millions of chips, is he considered a center? In this unregulated market, the rise and fall of the market can even be manipulated by him, all depending on his personal mood.

.

Perhaps the blockchain itself is indeed a great technology, but the derived virtual currency is obviously immature. To put it simply and crudely, the water is very deep and normal people cannot grasp it.

Moreover, once the market with no martial ethics is wielded with a sickle, it will kill all directions and uproot the leeks, which seriously violates the idea of ​​sustainable development strategy.

It is reasonable for such a violent behavior of cutting leeks to be banned. After all, the wealth does not flow to outsiders.

Ahem, thinking of this, Zhou Dongsheng suddenly felt a sense of justice. If this is the case, then if he can cut more leeks from the currency circle, wouldn't it be a way of "saving the country"?

After successfully convincing himself, Zhou Dongsheng said to Lu Sifang again.

"Let's just play the game of chasing the rise and killing the fall, but we belong to Pixiu, we can only get in but not out! Set a small goal first. Once the position is one million, we can almost stop it. The current cost will double

Don’t hesitate to double the amount.”

We are not greedy either. We only drink a ladle of 3,000 pieces of weak water. Let’s just take a fraction of the 21 million coins, which is not too much. It can also prevent us from having too many chips in our hands and affecting other dealers entering the market to carry their sedan chairs.

When Zhou Dongsheng said these words, he undoubtedly showed his determination. When Lu Sifang heard this, his heart was filled with excitement, and he had unlimited daydreams about his future expectations.

I wonder what the chairman’s psychological price is? Four thousand dollars, or five thousand dollars?

If this is the case, I might be able to earn a few more millions...

However, after witnessing the ups and downs of the market these days, Lu Sifang completely gave up the idea of ​​increasing leverage. After all, the risk of liquidation was too great.

Now that I have easily doubled my principal, there is no need to return the profits to the market in vain just because I made money too fast.

And with Zhou Dongsheng igniting the fire in advance, the accelerated rise in this round of market prices is far more fierce than imagined!


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