High School Belle Fell in Love with Me

Chapter 628: Chapter 269: Li Yang’s Secret Killer Move (2)

A hedge means profits of a few points, and naturally, with more trades, one can gradually offset previous losses.

In the Bitcoin spot trading market, due to the continuous price decline, the trading volume is quite sluggish.

From last year’s daily trading volume of thirty to forty billion US Dollars, it has now dropped to less than ten billion US Dollars per day, shrinking by nearly seventy percent.

However, contract trading has never shrunk, with at least two hundred billion US Dollars of global contract trading daily. Chen Peipei’s platform already stands out, capturing close to sixty percent of the market share.

Chen Peipei feels that the platform could entirely issue its own virtual currency...

After redeeming a short position, she sent a message to Li Yang.

"I feel Bitcoin is going to crash, our short positions can make more money, you putting it out to subsidize the platform basically means giving profits that should be yours to the platform, and the platform’s money needs to be shared with Li Xiao."

Li Yang’s reply was simple: "Without me getting out to support it, can the platform continue operating?"

"This... after all, everyone is pulling the plug, it’s no big deal for us to pull the plug once or twice occasionally."

Chen Peipei certainly knows that without Li Yang’s contract constantly underpinning, the entire platform wouldn’t be much different compared to other platforms.

This financial game has too uncanny a trend. After bearing immense profits, one naturally also has to face immense risks, and the platform is no exception.

Spot trading can make steady profits without losses, merely charging fees.

Contract trading is inherently a product of the platform itself, so it should hedge with a certain amount of chips, otherwise, are daily tens of millions of US Dollars in fees earned for nothing?

If the platform does nothing, then unprecedented inversion in Bitcoin contract trading would occur.

Inversion would lead to a decrease in contract trading volume.

Li Yang said, "Pull the plug once, and trust decreases by ninety points. Right now, even if other platforms come to take advantage, it’s not scary, users aren’t fools, what we want is users."

"..., then I’ll redeem all your short positions, from eight thousand US Dollars to now seven thousand US Dollars, you have at least lost two hundred million US Dollars."

"Why don’t you say I made nearly six billion US Dollars from twenty thousand US Dollars to eight thousand US Dollars?"

"..., you’re impressive! Now I’ve already helped you redeem a third of the short positions, are you sure you want to redeem all the rest? If it continues to fall, it will probably only support up to the price of five thousand US Dollars."

"Enough, enough, redeem them all."

"What if Bitcoin continues to fall?"

"Then just go ahead and buy more positions, but don’t buy too much, expanding the inversion between contract and spot prices can also promote spot trading, just maintain it within a reasonable range. We’ve got users, no need to be much better than others."

"Just afraid you barely make any money and yet lose it all again..."

"I can afford to lose."

...

At this moment, Li Yang is in the dormitory feeling quite good.

This is the benefit of controlling the platform.

Able to invisibly pocket wealth, no one can detect it whatsoever.

After all, the platform is his own, and other than his supervision, no outsider supervises it.

Only he knows how much money has been made.

He doesn’t know how much others have made, but as of now, nearly sixty billion US Dollars of cash have flowed into the entire Bitcoin sector, and he alone has taken almost seven billion US Dollars from contract trading.

If it were spot trading, he couldn’t possibly earn so much money even if he worked himself to death.

Contracts are outside of spot, unless there is a substantial inversion, playing the contract does not affect spot significantly.

Moreover, he does not intend to take money and leave upon earning; he will continue investing.

The platform he currently holds has a net profit of over ten million US Dollars daily, equivalent to last year’s monthly income.

He further manipulates contract trading, and even if he only manipulates a tenth of it, it’s enough.

The peak Bitcoin market value exceeded twelve hundred billion US Dollars, yet the actual hot money inside was less than three hundred billion US Dollars.

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

This is a trend involving global participation, money hardly differs from paper.

It’s like a game, no matter in a small country where even if everyone participates, the game company cannot gather much wealth.

Once placed globally, things that can attract global capital attention would easily involve hundreds of billions to thousands of billions of US Dollars, like pouring water, a small pool cannot accommodate so much attention.

Li Yang is happy to see Bitcoin fall, because when it falls, the weight of chips he holds increases.

It’s time to talk to NVIDIA.

Although NVIDIA’s head Huang the Dog isn’t a good thing, after all, one intends to make money from their hands.

Now, due to Bitcoin’s price plunge, causing global mining machine sales to plummet, NVIDIA’s first-quarter performance has already declined by 18%, and the second quarter is yet to end, but the stock price has already dropped accordingly.

They inevitably urgently need to stabilize stock prices.

The new round of updates for PlayerUnknown’s Battlegrounds is already preparing for them.

In fact, be it US stocks or A-shares, discussing value investment holds no meaning.

They are all just financial tools from which people constantly profit.

US stocks too, are intrinsically valueless; they are good tools if they make money, and not if they don’t.

Actually, US stocks keep climbing high largely due to siphoning off every global industry, with truly profitable capital giants inside, while others don’t gain much from it.