7: After playing games for a few hours, I earned 2 million in cryptocurrency
Chapter 7: After a Few Hours of Gaming, a Two Million Profit in the Crypto Circle
"The crypto circle, what is that?"
Li Zhiyan’s words were clearly very unfamiliar to Xiao Li.
"The concept of the crypto circle, people who haven't played it in your era most likely haven't even heard of it."
"Have you heard of Bitcoin?"
Hearing Bitcoin, Xiao Li shook his head repeatedly.
He had truly never heard of this thing.
"Simply put, Bitcoin is a virtual currency."
"When this virtual currency first started, one yuan could even buy a pile of it."
"But later on, the price of Bitcoin reached over three hundred thousand per coin."
"Currently, the market price of Bitcoin is ten thousand yuan per coin."
Li Zhiyan said, looking at the Bitcoin market on Yanbi.
"Then if you bought a few hundred Bitcoins when they were cheapest, and held onto them until they were most expensive to sell, wouldn't that be hundreds of millions?"
Li Zhiyan quickly searched for relevant market information online.
He was quite familiar with the crypto circle; he had played for a while when Bitcoin was hyped up to nearly three hundred thousand per coin.
At that time, when Musk announced before an interview that he would talk about Dogecoin,
Li Zhiyan even went long on a contract.
As a result, Musk said Dogecoin was a scam, which directly liquidated his contract, causing him to lose over ten thousand.
From then on, he never went back to the crypto circle.
However, Li Zhiyan was truly obsessed with the crypto circle at the time, so he learned a lot about the market data and met many industry experts.
"That's right, theoretically, that's how it is."
"It's just that ordinary people usually hear about such things in the news."
"Only a few lucky blind cats stumble upon a dead mouse."
"When I was playing, the people who truly made money had already run away."
Li Zhiyan looked at the 4S in Xiao Li's hand.
"Now, download the Yanbi APP."
If we follow the timeline, Yanbi was a platform launched two years after WeChat appeared.
However, an APP has already been released now.
This indicates that the timelines for the development of various capitals in this world are indeed different.
"Downloaded."
Li Zhiyan continued, "Register an account. Be sure to remember your password and secret key. The crypto circle is a substantial income that we can steadily obtain."
"In the future, just hold onto Bitcoin, and then sell it all when Bitcoin reaches two hundred eighty thousand per coin."
"That's also over a billion in cash flow, but remember not to be greedy."
"Enough is enough."
Li Zhiyan instructed, and at the same time, he also explained some other relatively simple ways to make money, such as education stocks and moutai stocks, etc.
"Okay, I've registered everything."
Xiao Li silently committed Li Zhiyan's words to heart.
"Then let's do a contract."
"Use two million to buy USTD, and today, play with a fifty-times long contract, one million all-in, and the other million as margin."
Li Zhiyan had read a lot of information.
Recalling some of the big names in private equity in the crypto circle before, he roughly deduced it.
At this time in the crypto circle, blindly going long means picking up money.
Two million, while a bit crazy,
it's still very easy to earn this money with his information advantage.
Today, it's just an experiment to see if his information advantage and predictions are accurate.
"Contract, what is that?"
Xiao Li had too much curiosity; in the past few days, Li Zhiyan had taught him so many things.
"A contract is a double-edged sword that magnifies your gains and losses. Simply put, it can make you earn more, but the probability of losing everything increases exponentially."
Li Zhiyan gave Xiao Li a general explanation.
"You can try a long contract first."
"The price of Bitcoin has been rising quite sharply recently, so if you dare to go for it, you can most likely make money."
Xiao Li cautiously took out 1 USTD and made a contract.
In the blink of an eye, he earned 0.05 USTD...
"The speed of making money is too fierce."
Looking at Xiao Li's astonished expression,
Li Zhiyan remembered his first encounter with crypto circle contracts.
He had the same expression, smiled, and Li Zhiyan walked towards the internet cafe's counter refrigerator.
"There's a saying, 'one day in the crypto circle, ten years in the stock market.' The crypto circle's unregulated nature, coupled with terrifying market volatility, can definitely make many people rich and also instantly bankrupt them. And what's most fascinating is that in the crypto circle, as long as your contract multiplier is high enough, every minute, you can see your wealth soaring or plummeting! All right, go long."
Xiao Li tremblingly made a contract for one hundred thirty thousand USTD.
The profit fluctuations were hundreds of USTD every second, making Xiao Li's heart pound.
"The market fluctuates by several thousand every second!"
"What if it gets liquidated? Two million will all be gone."
Li Zhiyan returned with two bottles of Sprite.
"Don't worry so much. If it gets liquidated, we'll just earn it back."
"Alright, let's play some games."
"What are you playing now?"
Li Zhiyan knew that the two worlds were still different, and he wasn't sure what games his current self liked at this time.
Xiao Li put down his phone, trying hard to calm himself down.
"I play Dungeon Fighter Online and CF, and I also heard that League of Legends is coming out soon."
"I plan to play it then."
...
"Then let's grind some Dungeon Fighter Online."
The two teamed up and started clearing dungeons.
Several hours later, Li Zhiyan finally got off the game.
"Alright, let's see how the contract is doing."
Only then did Xiao Li remember that his two million was currently in the crypto circle, possibly going to zero at any moment!
Thinking of this, Xiao Li couldn't help but feel a little panicked.
He unlocked his phone and opened the crypto circle software.
He saw the bright green profit interface.
"We made money! The profit is already over two million!"
"Bitcoin actually rose so much in just a few hours!"
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