Chapter 32 Your Childhood Sweetheart and White Moonlight Have Arrived
Chapter 32 Your Childhood Sweetheart and White Moonlight Have Arrived
In the capital market, booms and busts can often happen in the blink of an eye.
Shen Jiayi watched with bated breath, fully experiencing the ruthlessness of fierce competition in the capital market, which was far more three-dimensional than the knowledge she had previously learned from books.
On the computer screen, in almost two minutes, the price of Bitcoin soared into the sky, then quickly plummeted, forming a long and straight spike-like peak.
At this peak, some people became rich overnight, while others went bankrupt.
"It seems you're right, I'm indeed not suited for activities like finance that demand too much psychological strength."
Shen Jiayi stuck out her tongue and patted her chest; her heartbeat still hadn't returned to normal.
"Professional matters should be left to professionals, like me."
"How about that? I said I'd take you flying, and you took to the skies, didn't you?"
With the money in hand, Ye Kai felt incredibly relaxed and began to calculate how much money he had made in this round of operations.
Currently, Ye Kai holds 10000 Bitcoins in Mt. Gox, while Shen Jiayi holds 1000, so their respective profits are very easy to calculate.
After cashing out all of their money this time, plus the $70000 they had earned before, Ye Kai now had $370000 in cash, while Shen Jiayi had $30000 in cash. The transaction fees were so small that they were almost negligible.
Actually, they were really lucky.
Although Ye Kai knew that the price of Bitcoin would surge above the $30 mark in February, he was unsure of the exact timeframe.
Setting conditional take-profit orders is certainly not a problem, but due to factors such as the immaturity of Bitcoin trading systems, conditional take-profit orders may not necessarily be executed smoothly.
Unfortunately, their vacation coincided with this very moment, allowing Shen Jiayi to witness firsthand what it meant to become rich overnight.
"What should we do next?"
After making money, Shen Jiayi became very interested in this kind of digital virtual currency, whose principles and mechanisms she still didn't understand, and wanted to make another fortune.
What are your thoughts?
Ye Kai did not answer Shen Jiayi's question directly, but instead asked a question in return.
Shen Jiayi's attitude towards this speculative behavior will also influence how Ye Kai decides to help her.
"I think we can take out $20,000 of the profit and put it into our own savings, while keeping $10,000 in the Bitcoin account to wait for the right opportunity."
"Since it's all profitable, even if I lose money later, I won't feel too bad."
Shen Jiayi rested her delicate chin on her hands, stared into Ye Kai's eyes, and expressed her thoughts.
$20,000 in cash is more than enough to cover her basic expenses for four years of college. What more could she want?
"good!"
"In fact, I will only hold no more than 10000 Bitcoins on the Mt. Gox platform. Because any more than that might crash the market."
Ye Kai was very satisfied with Shen Jiayi's attitude, so he nodded in agreement.
The Bitcoin trading market is still a very niche market because there are relatively few players, so the daily trading volume fluctuates around tens of thousands of Bitcoins.
Today, due to significant price fluctuations, trading volume reached an all-time high, which is unprecedented.
In other words, if Ye Kai had poured all $370000 of his money into the Bitcoin market after the price crash, he would probably have become a market tycoon.
He just wanted to take this opportunity to earn some pocket money and never intended to ruin the market.
Strictly controlling the amount of Bitcoin one holds on a trading platform is crucial for protecting the market's growth potential and also to avoid causing significant disruption to the timeline due to one's own rebirth.
Otherwise, if everyone abandons Bitcoin as an investment, how will Ye Kai manage to lie low in the future?
Of course, a more prudent approach would be to quietly accumulate some Bitcoin offline, store it away, and wait for the right opportunity. This long-term investment strategy is more likely to maximize Ye Kai's profits.
"Oh, I see."
"So, when I have free time, can I buy some Bitcoin offline and collect it?"
After understanding Ye Kai's operational strategy, Shen Jiayi asked thoughtfully.
"Of course, no problem. But you need to be careful not to become a major shareholder. After all, there are only about 2000 million of these in total. If you take too many, how will others get involved?"
Ye Kai nodded and then explained the key issues to her.
He himself has only 6100 Bitcoins in his physical stores. He may continue to accumulate more depending on the situation, but the total amount will not exceed 20000. Otherwise, it could really have an uncontrollable impact on this fragile market.
That makes sense.
"Hmm... How about we go see the Lantern Festival folk performances tonight?"
Shen Jiayi's mind didn't seem to be entirely focused on Bitcoin investment. After hesitating for a while, she finally extended an invitation to Ye Kaifa.
"This thing..."
Ye Kai subconsciously wanted to say what was so interesting about this thing, but ultimately his emotional intelligence quickly stopped him from such a tasteless act.
"The folk performance was wonderful!"
"I heard that the city raised special funds this year and specially invited several intangible cultural heritage teams from outside to perform. Ye Kai, remember to bring my camera and take more pictures. Grandma will organize them and make another set of external publicity materials."
At the crucial moment, Grandma Xu Jingyuan suddenly appeared and gave Shen Jiayi a divine assist.
"That would be fantastic!"
"I'm most interested in traditional culture!"
As a living example of filial piety in the new era, what else could Ye Kai say? He pinched his nose, made a face that said "I'm really looking forward to it," and agreed.
Tsk!
He provided emotional support to Shen Jiayi again!
Ye Kai glanced at Shen Jiayi, whose emotions had clearly risen, and thought to himself, "The two of them are getting closer and closer. What should I do?"
"Grandma Xu!"
"Brother Ye Kai!"
A clear voice suddenly came from outside, calling out several times.
Chen Xiaoyu!
Why is she here?
Ye Kai immediately recognized the visitor's identity and was somewhat surprised.
"Are they small fish?"
"It's been a while since I've seen you. How have you been?"
"Why did you bring something? You're too kind..."
Professor Xu had already greeted Chen Xiaoyu earlier, and the two were chatting casually in the living room downstairs.
Let's go!
"Your childhood sweetheart, your unattainable love, has arrived!"
"You pig, why aren't you going down to greet the emperor?"
Shen Jiayi pouted, pinched Ye Kai's arm with her fingers, and deliberately mispronounced the word "childhood sweetheart," her voice filled with a sourness comparable to ten-year-old Shanxi vinegar.
Fortunately, she didn't carry a compass with her.
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