In the second half of 2015, the Bitcoin price hovered around two hundred twenty US dollars, and by early 2016, it gradually rose to two hundred seventy US dollars.

At first, he thought Li Yang wanted to buy Bitcoin, but after waiting for several months, Li Yang hadn’t bought a single one.

And he, as the person holding the most Bitcoin domestically, sometimes had to bear the responsibility of backing Bitcoin on forums; after all, if Bitcoin can’t be traded, slowly, no one would play.

These months, he was forced to acquire several thousand Bitcoins, and his cash was completely spent.

With the New Year approaching, he didn’t even have cash for the New Year, so he wanted to liquefy some Bitcoin with Li Yang.

It’s not that he doesn’t want to sell on the market; the problem is that Bitcoin’s daily trading volume is only tens of thousands of US dollars. If he sells thousands of them, the price may not recover for half a year.

Now, Bitcoin is basically being guarded by those heavily invested; some people would sell pots and pans to support it.

Li Xiao is one of them.

He firmly believes that Li Yang will be his strategic partner, and he doesn’t believe Li Yang went all the way there just to join the fun.

"How about I invite you for tea tomorrow morning, brother?"

"Yes, I’ll treat you, I’ll treat you..."

Thus, the matter was settled.

Li Yang was in a good mood; after waiting for a long time, he finally saw Li Xiao unable to hold back.

He basically couldn’t buy from others; whether the market transactions are safe or not is another matter, but he doesn’t care for the scale of those transactions.

Even if he spends a few hundred thousand or million US dollars, under the current circumstances, it could create a huge impact on Bitcoin.

And the Bitcoin in Li Xiao’s hand is basically a dead link; trading it doesn’t affect.

After all, even if Li Xiao increases his Bitcoin holdings later, the amount won’t be too much.

Most importantly, Li Xiao himself is an anchor point for Bitcoin; the changes this anchor point produces have already appeared, and even if he increases by tens of thousands, the butterfly effect is controllable.

Global capital has actually started laying out Bitcoin at this time, calculating the anchor point of Bitcoin very clearly; this time is just a wash-out.

Of course, they might not care about Li Yang entering the game; it’s just that Li Yang doesn’t want more troubles, he wants to earn easily.

Entering the game and battling with those big capitals, he can’t play it.

After all, he wasn’t planning to sell in the short term; the cost of two hundred US dollars and three hundred US dollars actually makes no difference.

...

The next morning, he met Li Xiao.

The whole meeting lasted six hours, mainly going through the process.

This time, Li Xiao sold a total of ten thousand Bitcoins, with one thousand Bitcoins per batch, divided into ten batches, transferred to Li Yang’s wallet.

And each transaction needed to be confirmed, which took thirty minutes to one hour.

Li Yang, according to the day’s market price, transferred two hundred ninety thousand US dollars to Li Xiao using Convolution Company’s account.

This is a very small transaction, at least from Li Yang’s current status.

Ten thousand Bitcoins weren’t Li Yang’s ultimate goal, just a base position.

With this base position, he also opened a channel with Li Xiao, making transactions much easier after the New Year.

Because every year is a test for Li Xiao.

For example, this year, Bitcoin would rise to one thousand US dollars per piece, and Li Xiao would face a fortune of hundreds of millions of dollars; would he not be tempted?

This transaction is non-public, and Li Xiao also promised not to tell anyone.

After all, nominally, Bitcoin is illegal domestically, although there are no penalties.

Originally, Li Xiao intended to sell twenty thousand Bitcoins, because twenty thousand would just recover his cost, leaving the remaining eighty thousand-plus as pure profit.

But Li Yang only wanted ten thousand.

His plan was thwarted.

Having not yet recovered his cost leads to him continuing to invest effort into Bitcoin; whenever there’s an opportunity, his first thought is still to sell part.

This is a psychology; he inherently has a stop-profit psychology.

Otherwise, he wouldn’t have liquidated when it was two million US dollars and run away.

Because at that time, he felt he had profited enough.

His stop-profit psychology has been there since he first encountered Bitcoin four years ago; it is something that will accompany him for life.

In 2011, he had once sold three quarters of his Bitcoin holdings to stop a profit, only to re-invest again later.

...

Li Yang looked at the ten thousand Bitcoins he obtained with joy. Regardless of their future value, the feeling of picking a bargain itself was very satisfying.

He thought perhaps when Bitcoin rises to sixty thousand US dollars, he wouldn’t even need this money.

However, he still kept a move in reserve.

Li Xiao wanted to sell twenty thousand, but he only took half because he didn’t want Li Xiao to stop-profit.

If Li Xiao stops-profits, who will he buy from next time?

If Li Xiao stops-profit, even if Bitcoin rises to one thousand US dollars this year, he won’t have the interest to sell; instead, it will make him firmly hold this position, making it impossible to buy more from him.

Next time, he needs to purchase at least fifty thousand from Li Xiao; these almost equivalent dead-link transactions have no impact on the market price. 𝕗𝗿𝕖𝐞𝐰𝗲𝕓𝐧𝕠𝕧𝗲𝐥.𝚌𝐨𝚖

In the second half of 2017, he can use Port City Company’s name to sweep the goods on the market, because next year Bitcoin’s daily volume will tend towards stability; with a daily trading volume reaching tens of millions of US dollars, buying dozens of pieces a day wouldn’t be noticeable.

At this time, it’s only four days left until the Minor Chinese New Year.

Li Likun and the others have all gone home to prepare for the New Year.

Jiang Banxia also set up her positions in advance and on the day before departure, treated Xiangnu and the others to a meal.