My American magical life
Chapter 811 - 811 41 The King's Game 1 If this isn't good I'll refund the money hhhh

811: Chapter 41 The King’s Game 1 (If this chapter isn’t good I’ll refund the money hhhh) 811: Chapter 41 The King’s Game 1 (If this chapter isn’t good I’ll refund the money hhhh) At noon, the office was deserted, yet the lights were still brightly lit as usual.

For the employees at MAS, the big boss’s presence was akin to a legend.

How could it not be legendary when the beautiful general manager slaved away for him, the big boss of OC upstairs was his girlfriend, and he had the final say in the companies both upstairs and downstairs.

The most outrageous thing was that every day before Cheng Daqi arrived at the office, his bodyguards would arrive first, then proceed like a movie to check for security risks.

Are you kidding me?

Boss, how little do you trust us to be so cautious!

Cheng Daqi understood the strange looks from his employees, but he didn’t care.

He faced myriad issues every day, where did he have time to explain things to these little cogs.

It must be said, he possessed a kind of ‘master=6’ composure.

Lisa and Cheng Daqi arrived at the office around the same time, they had agreed in advance to meet today, don’t misunderstand, it wasn’t that the two of them got together so quickly, it was purely for work.

“BEC has been stagnating recently, some have already started shorting, but the opinions of me and a few major investors are still quite aligned, the current market value is not high enough, Lisa, open your phone first.”

Cheng Daqi watched as the blonde opened the LCE Cryptocurrency trading platform app on her mobile, noting she had a principal of eight hundred thousand Dollars, with a leverage of five times, equating to four million Dollars—after a fourfold increase in BEC’s market value, her account showed a profit of seven million Dollars.

“You’re quite bold.”

Rubbing his chin, Cheng Daqi realized he had forgotten to shave this morning.

“I have confidence in you, Chan.”

Oh Lisa, this girl really has a way with words.

“Hahaha, then just dump it all, close all long positions and go short, let’s test the market first.”

As a worthy recipient of his friend’s praise, Cheng Daqi guided Lisa in executing the trades.

A five hundred million Dollars great escape, starting with Lisa—letting his good subordinate have a taste of the juiciest grass first.

Just as Cheng Daqi said, Lisa’s sell-off at noon today would only serve to test the waters, it couldn’t achieve more.

BEC was one of the hottest cryptocurrencies on the market, thanks to its publicity-filled concept, a luxurious team of technical experts, and an impressive ICO stage presence, it had won over a large number of speculators.

Every day, just on the LCE trading platform alone, BEC’s trading volume could surpass one billion, with a turnover rate of about eight percent—excellent liquidity, surpassing 99.9% of US stocks.

(I’m not entirely sure if this data setup is okay, if any expert understands, please give some suggestions for modifications)

Thus, trading in cryptocurrency really is like licking blood off the edge of a knife, every order carries leverage, constant ultra-short trading, ambitious individuals with sharpened knives, all these form its wealth-creating story that could tempt even the least greedy.

“Testing the market?

Chan, my seven million Dollars profit on both sides of the trade, tossing around fifteen million Dollars in a short time, could this….”

The thoughtful Lisa seemed a bit too conservative, Cheng Daqi shook his head and explained.

“With a daily trading volume of one billion, averaging fifty million Dollars per hour, about one million Dollars per minute, your short-term sale of fifteen million would just about wipe clean the orders below, and then we’ll see if it starts a landslide.

I actually prepared some money, a fund to save the market, around over four hundred million, with this money, I’m not afraid of BEC plummeting, I’m only afraid it won’t fall hard enough.”

Lisa was shocked by the ‘secret weapon’ Cheng Daqi had suddenly revealed.

What she thought was that she seemed to have been tricked by this dog of a man last night, Cheng Daqi could have easily solved the problem, yet he pushed her and Mi’er to take the front.

Feeling somewhat upset, but Lisa held it in, because there was serious business to attend to.

The blonde looked worriedly at Cheng Daqi, reminding him sternly.

“Chan, you need to consider one thing, most of the traders involved in the BEC speculation use high leverage, my fifteen million Dollar test trade is nothing, but with your five hundred million Dollars, how many people will you wipe out, have you thought about that?”

These words were unpleasant, and it seemed to have little to do with Cheng Daqi.

But the excessive speculation of BEC could have devastating consequences, something Lisa had already warned about last night.

“Hey, come with me.”

Cheng Daqi rose from the sofa and sat down at the computer desk.

Using a key, he opened an embedded safe under the desk.

From it, Cheng Daqi took out a twelve-inch laptop and opened the selling plan designed by Chen Zihao and several traders.

Seeing Lisa still stunned in place, Cheng Daqi beckoned.

“Come behind me and watch, this thing can’t be transmitted over the network.”

“Mark the lines well, to make BEC more valuable.

An inflated market value will eventually be targeted, better I target it myself rather than let others do it.”

“Look, we’ve designed the rebound position based on a twenty times leverage liquidation line, where the rebound will be strongest, directly hitting new highs.

Of course, if the selling pressure is too great, they will go down with the shorts, hitting the liquidation line of speculators who bought at a high point with twelve times leverage, then continue to try to rebound.”

Looking at the data on Cheng Daqi’s little computer, Lisa felt a bit dizzy.

“Doing this, won’t it violate securities law?”

Cheng Daqi paused for a moment, his mood complex as he replied.

“Law is there to discipline those people, not to discipline me, Lisa, in the realm of cryptocurrency, no one has the right to judge me, BEC is the gambling table I set up, I put so much money into it, not to provide a dowry for these speculators!”