Chapter 6
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
These people worked hard every day to make money in the financial industry.
As if they attended to 9-to-5 jobs, they traded in foreign exchange, futures, and the U.S. Stock market since early in the morning!
They would be working hard until late night in front of the computer.
It was a place where all the financial elites of the USA were gathered. Among the elites, Charlie was a financial operation genius!
He was less than 30 years old, but he had made tens of billions US dollars. He was the manager of a hundred billion-dollar company.
This time, he wanted to increase the price of BTC with the strength of the crowd, but little did he know that it would only fall.
It would never rise. If he forcefully increased it, he would only fall into the abyss. Of course, he didn’t know about this.
However, to make things easier, he asked someone to monitor the accounts that had placed short bets on BTC.
“Mr. Charlie, there are very few short-sellers in the country now. There are only a few scattered Chinese accounts.”
“That’s right, that bit of money isn’t enough. We can pull it up a little. There’s still a high chance that BTC will exceed 50000 US dollars!”
“Mr. Charlie, let’s do it now!”
Charlie could not wait any longer. He pouted and looked ahead arrogantly.
He waved his hand and said,
“Do your best to increase the price. This time, let’s make BTC exceed 50000 US dollars!”
The group of people under him began to invest a large amount of money. They pulled up the leverage and bought higher amounts of BTC, creating a false illusion.
It was to let people see the potential for the rise of BTC. Then, the Financial Times would report on it!
All sorts of good news had been released.
“There’s hope for BTC to rise again. With Wall Street genius Charlie’s help, the price might break another new high!”
“BTC is looking good. The return of 40000 US dollars is just the beginning. It’s very likely to return to 100000 US dollars per unit!”
…
The good news kept coming, and Qin Fan found it funny.
These were all fake.
In reality, the price would only fall.
Even if it did rise, it would only be a tiny increase. He quickly noticed the fluctuation in BTC’s price.
From 40100 US dollars, it increased to 41100 US dollars!
Then, from 41100 US dollars, it dropped to 39100 US dollars.
From 39100 US dollars, it rose to 40100 US dollars. Then, it fell by another 2000 US dollars!
The drop was greater than the increment. It would continue to fall short. Without a doubt, it would continue to fluctuate.
To an average person, this was a nightmare. He probably wouldn’t know the final trend.
To Qin Fan, it was beneficial because he could buy up and short at the same time. Both fluctuations would increase the funds in his account.
From 15000 dollars, it became 30000 dollars in 10 minutes!
From 30000 dollars, it became 60000 dollars in another 15 minutes!
After 40 minutes, with the leverage, it became 120000 dollars!
He made more than 780000 RMB now. It wouldn’t take much time to break through a million RMB. After all, the price had dropped to 33000 US dollars now.
There were 3000 US dollars left in BTC. With such a huge fluctuation, if he could seize the opportunity…
He could double the US dollars in his hands. He could even do it twice.
He took the opportunity to check out the BTC trading forum. The 33000 US dollars drop had driven some people crazy.
“Who the hell is Charlie? This bastard couldn’t increase the price of BTC. He’s trash!”
“Charlie failed to raise the price of BTC. He’s just a piece of trash. This guy’s company lost 10 billion US dollars in the deal!”
“Garbage Charlie, he doesn’t deserve the title of Wall Street’s genius!”
It was only normal for Charlie to fail. No genius could skip failures.
If one could succeed at all times, that would be terrifying, right?
In general, there were more failures than profits in the trading world. In the few profits, one could make tens of billions of dollars!
That wasn’t too much of a failure after all.
It was almost impossible to be someone like Qin Fan. If someone saw how Qin Fan traded, he would be shocked by his profits.
After all, Qin Han had made 230000 US dollars after a few operations!
Now, his assets had exceeded one million yuan.
While making the last few operations, Qin Fan poured himself a cup of tea.
He wanted to see if he could break through 400000 US dollars!
Someone sent him a message. To his surprise, Zhao Ying took the initiative.
Zhao Ying: Are you asleep?
In the past, he was the one who took the initiative. Now, Zhao Ying initiated and wanted to add him as a friend.
Qin Fan found it interesting and accepted her request.
He was more arrogant now. He didn’t need nonsense.
Qin Fan: Just say it.
Zhao Ying: Have you given the 13p phone to someone else?
Qin Fan: What’s wrong? Do you want it?
Zhao Ying: If I want it, would you give it to me?
Qin Fan: I can consider it.
Qin Fan sneered and looked at the message playfully. In less than a second, she replied.
This girl was very realistic!
As expected, she was a little gold digger.
Zhao Ying: Really? Are you lying to me?
Qin Fan: Of course not. But, you have to fulfill my request. Then, I can give it to you.
Zhao Ying: What request?
Qin Fan: Let’s not talk about that first. I haven’t seen your bold photos for so long. Why don’t you send one to me?
Zhao Ying: What do you mean?
Qin Fan: That’s to show your sincerity. It’s up to you whether you want it or not!
It was obvious that Zhao Ying was making a difficult decision. After all, Qin Fan had never asked for it before.
Zhao Ying was looking at Qin Fan’s request with an ugly face in the dormitory now.
In the end, she took a picture of herself and sent it.
It was her first time taking such a photo, and she felt that it was very bold.
Her snow-white skin was exposed. Her heart was thumping when she sent the message.
However, Qin Fan was not satisfied at all. He even mocked her.
Qin Fan: How is this a bold photo? Do you think I’m a fool?
Zhao Ying: I haven’t done this before.
Qin Fan: Forget it. If you want 13p phone, just wait for me in the forest tomorrow.
Zhao Ying went speechless.
Qin Fan: I’ll make my request then.
Zhao Ying: Okay.
Qin Fan pursed his lips. It was not that simple. Did she think that she could get the 13p phone which was 10000 yuan so easily?
It was impossible. He had to get back everything he had given her.
He was no longer the same. ]
Qin Fan finished another cup of water and looked at the assets in his account. It was almost there.
380000 US dollars, that was 2.47 million yuan!
Then, in the last wave of operations, the price of BTC dropped below 30000 US dollars.
That was a 15% fluctuation in operation!
The total profit he had made was 440000 US dollars.
Unfortunately, it did not exceed 3 million yuan. It was only 2.86 million yuan.
Compared to yesterday, it was already quite good. After all, he had turned his 1000 yuan into 2.86 million yuan.
After withdrawing the money, the first thing Qin Fan did was send Qin Yao a red packet.
Qin Fan: I’ll give you 50000 yuan as pocket money. Come and ask me for more when you’ve finished it.
He transferred 50000 yuan.
These people worked hard every day to make money in the financial industry.
As if they attended to 9-to-5 jobs, they traded in foreign exchange, futures, and the U.S. Stock market since early in the morning!
They would be working hard until late night in front of the computer.
It was a place where all the financial elites of the USA were gathered. Among the elites, Charlie was a financial operation genius!
He was less than 30 years old, but he had made tens of billions US dollars. He was the manager of a hundred billion-dollar company.
This time, he wanted to increase the price of BTC with the strength of the crowd, but little did he know that it would only fall.
It would never rise. If he forcefully increased it, he would only fall into the abyss. Of course, he didn’t know about this.
However, to make things easier, he asked someone to monitor the accounts that had placed short bets on BTC.
“Mr. Charlie, there are very few short-sellers in the country now. There are only a few scattered Chinese accounts.”
“That’s right, that bit of money isn’t enough. We can pull it up a little. There’s still a high chance that BTC will exceed 50000 US dollars!”
“Mr. Charlie, let’s do it now!”
Charlie could not wait any longer. He pouted and looked ahead arrogantly.
He waved his hand and said,
“Do your best to increase the price. This time, let’s make BTC exceed 50000 US dollars!”
The group of people under him began to invest a large amount of money. They pulled up the leverage and bought higher amounts of BTC, creating a false illusion.
It was to let people see the potential for the rise of BTC. Then, the Financial Times would report on it!
All sorts of good news had been released.
“There’s hope for BTC to rise again. With Wall Street genius Charlie’s help, the price might break another new high!”
“BTC is looking good. The return of 40000 US dollars is just the beginning. It’s very likely to return to 100000 US dollars per unit!”
…
The good news kept coming, and Qin Fan found it funny.
These were all fake.
In reality, the price would only fall.
Even if it did rise, it would only be a tiny increase. He quickly noticed the fluctuation in BTC’s price.
From 40100 US dollars, it increased to 41100 US dollars!
Then, from 41100 US dollars, it dropped to 39100 US dollars.
From 39100 US dollars, it rose to 40100 US dollars. Then, it fell by another 2000 US dollars!
The drop was greater than the increment. It would continue to fall short. Without a doubt, it would continue to fluctuate.
To an average person, this was a nightmare. He probably wouldn’t know the final trend.
To Qin Fan, it was beneficial because he could buy up and short at the same time. Both fluctuations would increase the funds in his account.
From 15000 dollars, it became 30000 dollars in 10 minutes!
From 30000 dollars, it became 60000 dollars in another 15 minutes!
After 40 minutes, with the leverage, it became 120000 dollars!
He made more than 780000 RMB now. It wouldn’t take much time to break through a million RMB. After all, the price had dropped to 33000 US dollars now.
There were 3000 US dollars left in BTC. With such a huge fluctuation, if he could seize the opportunity…
He could double the US dollars in his hands. He could even do it twice.
He took the opportunity to check out the BTC trading forum. The 33000 US dollars drop had driven some people crazy.
“Who the hell is Charlie? This bastard couldn’t increase the price of BTC. He’s trash!”
“Charlie failed to raise the price of BTC. He’s just a piece of trash. This guy’s company lost 10 billion US dollars in the deal!”
“Garbage Charlie, he doesn’t deserve the title of Wall Street’s genius!”
It was only normal for Charlie to fail. No genius could skip failures.
If one could succeed at all times, that would be terrifying, right?
In general, there were more failures than profits in the trading world. In the few profits, one could make tens of billions of dollars!
That wasn’t too much of a failure after all.
It was almost impossible to be someone like Qin Fan. If someone saw how Qin Fan traded, he would be shocked by his profits.
After all, Qin Han had made 230000 US dollars after a few operations!
Now, his assets had exceeded one million yuan.
While making the last few operations, Qin Fan poured himself a cup of tea.
He wanted to see if he could break through 400000 US dollars!
Someone sent him a message. To his surprise, Zhao Ying took the initiative.
Zhao Ying: Are you asleep?
In the past, he was the one who took the initiative. Now, Zhao Ying initiated and wanted to add him as a friend.
Qin Fan found it interesting and accepted her request.
He was more arrogant now. He didn’t need nonsense.
Qin Fan: Just say it.
Zhao Ying: Have you given the 13p phone to someone else?
Qin Fan: What’s wrong? Do you want it?
Zhao Ying: If I want it, would you give it to me?
Qin Fan: I can consider it.
Qin Fan sneered and looked at the message playfully. In less than a second, she replied.
This girl was very realistic!
As expected, she was a little gold digger.
Zhao Ying: Really? Are you lying to me?
Qin Fan: Of course not. But, you have to fulfill my request. Then, I can give it to you.
Zhao Ying: What request?
Qin Fan: Let’s not talk about that first. I haven’t seen your bold photos for so long. Why don’t you send one to me?
Zhao Ying: What do you mean?
Qin Fan: That’s to show your sincerity. It’s up to you whether you want it or not!
It was obvious that Zhao Ying was making a difficult decision. After all, Qin Fan had never asked for it before.
Zhao Ying was looking at Qin Fan’s request with an ugly face in the dormitory now.
In the end, she took a picture of herself and sent it.
It was her first time taking such a photo, and she felt that it was very bold.
Her snow-white skin was exposed. Her heart was thumping when she sent the message.
However, Qin Fan was not satisfied at all. He even mocked her.
Qin Fan: How is this a bold photo? Do you think I’m a fool?
Zhao Ying: I haven’t done this before.
Qin Fan: Forget it. If you want 13p phone, just wait for me in the forest tomorrow.
Zhao Ying went speechless.
Qin Fan: I’ll make my request then.
Zhao Ying: Okay.
Qin Fan pursed his lips. It was not that simple. Did she think that she could get the 13p phone which was 10000 yuan so easily?
It was impossible. He had to get back everything he had given her.
He was no longer the same. ]
Qin Fan finished another cup of water and looked at the assets in his account. It was almost there.
380000 US dollars, that was 2.47 million yuan!
Then, in the last wave of operations, the price of BTC dropped below 30000 US dollars.
That was a 15% fluctuation in operation!
The total profit he had made was 440000 US dollars.
Unfortunately, it did not exceed 3 million yuan. It was only 2.86 million yuan.
Compared to yesterday, it was already quite good. After all, he had turned his 1000 yuan into 2.86 million yuan.
After withdrawing the money, the first thing Qin Fan did was send Qin Yao a red packet.
Qin Fan: I’ll give you 50000 yuan as pocket money. Come and ask me for more when you’ve finished it.
He transferred 50000 yuan.
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