Chapter 762 - 315: The Ideal Marital Relationship (Part 3)
At least he didn’t screw over his own people.
It was after eight in the evening when Li Yang moved closer to Jiang Banxia.
He glanced at the situation on Jiang Banxia’s side.
Wow, it was dizzying, he couldn’t see clearly at all.
Various trades buying and selling simultaneously, and sometimes the buying price was even higher than the selling price.
After watching for about half an hour, Li Yang finally understood. Jiang Banxia bought at high points, generally when there weren’t many chips above, directly buying some at a high price, which could temporarily lift the price by half a point, or even a full point.
After that, she’d think of a way to stabilize that point. Once stable, she’d sell off a small amount, even if it meant losing a bit of money, it didn’t matter, releasing some of the chips in her own hands.
If someone dumped a large amount of stock, she’d purchase heavily after a certain drop, and those purchased chips would be released at an appropriate time.
Throughout the ins and outs, she was moving a lot of capital, but in the end, not many chips remained in her hands.
She’s not hoping to make money on the spot market; the main focus is on futures contracts.
For contracts worth hundreds of billions of US Dollars, just tinkering with a small portion could yield two or three points of profit, easily earning a few million US Dollars.
This requires a very strong ability to think, even quant programs can’t manage this.
It’s changing constantly, quant programs can only help Jiang Banxia reduce some workload, comparable to one person leading ten traders.
Anyway, she’s just impressive!
Jiang Banxia’s brain, must be kept at a high temperature for long periods, requiring cooling.
After a while, Jiang Banxia came back to her senses and asked, "Hubby, you’re not asleep yet?"
"Yeah, I can’t sleep."
Yesterday was purely too exhausting, today’s okay, didn’t do much thinking this afternoon.
"What should we do then? Should I keep you company?"
"No, no, it’s fine if I just watch by the side, talk to me about these..."
"Alright, alright!"
Jiang Banxia immediately began explaining her trading strategies to Li Yang, currently the situation is obvious, someone wants to crash the market, trying to ruin the Huobi platform through futures contracts.
Jiang Banxia’s goal is to intercept, to prevent contract prices from crashing, so as not to be harvested by others.
Once contract prices experience a surge or drop, the system becomes unbalanced, requiring the platform itself to allocate funds for hedging. The more the platform eats up, when Bitcoin prices crash, the worse the loss.
The final situation is the platform unable to support contract trading, which is the so-called tripping the switch.
The higher the credibility of Huobi, the greater the negative effect of tripping the switch, losing half the market share in one go.
After listening, Li Yang asked, "Now this is about market tricks, what if the opponent uses off-market tricks? Like if the United States directly categorizes Bitcoin as illegal currency..."
"Then we can only bring more people in, I’m planning for the platform here to connect some resources, how about gold? But this needs quite a bit of gold."
"No problem with gold, tell me how much you need, I’ll arrange it."
"Then at what price would it be better to anchor it?"
"No need to anchor the price, allow it to float, start from five thousand US Dollars."
"Alright, alright! But it really requires a lot of gold, might need around a hundred tons..."
"No problem!"
A hundred tons of gold, Li Yang can surely come up with it.
Xiumu could probably manage around three hundred tons for him, and Chen Peipei has already made contact with some people, who have hundreds of tons of gold, soon to be shipped to Port City.
Essentially it’s still a transaction between US Dollars, but once the United States wants to suppress Bitcoin, gold can become a bridge between the two.
The main goal is to ensure Bitcoin trading can continue smoothly, not losing this functional attribute.
Jiang Banxia has made quite a bit of money these days, even though Bitcoin prices haven’t fluctuated much, just amidst countless amplitudes, Jiang Banxia has already earned three hundred million US Dollars, quite impressive.
"That’s good, now I’ll blow up some of their positions!"
After speaking, Jiang Banxia began buying up Bitcoin spot market.
Now, with the position she holds, it’s safe to say Bitcoin has been completely cornered by her, the circulating chips in the market within a short time are less than one-tenth of those in her hands.
Just a few billion US Dollars, and she pushed Bitcoin prices up by ten points in a short time.
At the same time, contracts are also rising, lots of shorts exploded at this moment.
Thus, those people were forced into buying longs to close positions, Jiang Banxia took this opportunity to unload some of her long contract positions.
Meanwhile, the price in the Bitcoin spot market was also declining.
In this operation, she may not necessarily make much money, but others certainly lost money.
The lost money went into the market, removing some of the bubbles, providing a supporting force, making future rises increasingly confident.
"Being a broker for the first time... didn’t expect being a broker feels so good."
Jiang Banxia never felt this way in the A-share market.
Stocks have quite a few restrictions like needing to declare when surpassing 5%, major shareholder reductions need to announce fifteen trading days in advance etc.
Bitcoin has none of these restrictions, you can play however you want.
"It’s possible for the opponent to dump a couple of million Bitcoin, completely cashing out and leaving, after which all Bitcoin will be in our hands, worthless."
Li Yang poured a bit of cold water, to prevent Jiang Banxia from getting carried away.
"Doesn’t matter, we’ll catch it, as long as it doesn’t fall to the ground, everything is still under our control."
"Yeah, we can afford any losses."
After speaking, Li Yang lay down to sleep.
Xiangnu, lying awake on the other side of a curtain.
It was her first time hearing private conversations between Li Yang and Jiang Banxia.
She was deeply moved, both had a strong sense of trust, their conversations were never emotional, never forcing the other to accept their ideas.
This state was the ideal marital relationship she had dreamed about.
Soon, she heard a bit of murmuring sound coming from Jiang Banxia.
Yeah, this too was her ideal marital relationship.