There is One New Rule Every Month Globally-Chapter 677 - 410 Happy New Year to Everyone_2
Chapter 677: Chapter 410: Happy New Year to Everyone!!!_2
Chapter 677 -410: Happy New Year to Everyone!!!_2
“Can’t we let this mysterious tycoon who knows no more than some skin-deep theories panic sell to find safety on the ground?”
…
“…”
“…”
After staring blankly at the message from Yi on his panel for quite some time, Li Yi looked up expressionlessly at the rising trend of the price of an E-level Random Prop Chest displayed before him.
He should have thought of it earlier.
After all, it was Sword Without End who activated the announcement, and Sword Without End was one of Chen Yi’s people. Plus, with the massive cash flow of Points in Chen Yi’s hands, guessing that the mysterious tycoon was Yi wasn’t that difficult.
But maybe it was because Yi was, after all, a Novice player.
He always chose to ignore Yi’s existence in this regard, or more precisely, he couldn’t imagine that Yi would be willing to place such a large number of Points in the game.
After sitting still for a long time.
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Li Yi suddenly bowed his head, chuckled, and murmured, “What a brilliant setup, excellent indeed!”
Now that he thought about it, everything suddenly made sense.
He finally understood Yi’s operation.
It started with buying a large amount of E-level Random Prop Chests, raising the price and the topic’s popularity. And the choice of the E-level Random Prop Chest was also very astute—even though the price of this Prop had risen several dozen times.
It sounded exaggerated.
But in reality, it was only about a hundred Points increase.
Everyone could afford these 100 Points. They wouldn’t sell off just because of the price hike but would rather hold or continue buying to see what was happening. Compared to a profit of a little over 100 Points, they were more interested in watching this spectacle unfold.
And Yi firmly grasped this aspect of human nature. When the price reached a satisfying peak, he resolutely resorted to aggressive dumping.
Yes, aggressive dumping.
Not by choosing a more stable staged withdrawal, which could potentially result in greater profits, but Yi, with deep foresight, opted for aggressive dumping. Although he made less profit, the price was crushed down with an exaggerated force.
It even crashed back to the original point.
Not only did it provoke intense market discussion, but it also prepared a very low market entry price for Yi’s second large-quantity purchase.
This time, Yi’s second big move into accumulating stock didn’t cause much of a price increase. Everyone was scared off, merely watching from the sidelines, and after Yi secured a large position at an extremely low price.
He unleashed his Finishing Move.
Sword Without End, during the Novice Period, collected all E-level Props and obtained the Monument of the game upgrade.
An outright checkmate.
This piece of positive news, with the hype from countless speculative players, pushed the price of the E-level Random Prop Chest again to around 450 Points–a horrific level. And the last crash happened at this price level. Many players started to sell as the price was about to reach this level.
But Yi clearly knew that if the price broke through 450 Points, market sentiment would surge, leading to a new round of price increase.
Yet Yi didn’t protect the market.
Because Yi knew that these tycoons would step in to defend the price. In doing so, he could maximize his profit, avoiding the losses of a market defense, and even take the tycoons’ money.
While these tycoons were single-mindedly trying to drive the price above 700 Points and flee the market, Yi withdrew at the 600 Points level.
“Phew!”
Li Yi suddenly took a sharp breath, feeling more and more frightened as he thought. Had he not sent that message to Yi, he might have been completely trapped now, clueless about how Yi would have taken him down.
Yi’s grasp of market sentiment and human nature was simply terrifying.
A person’s formidable individual strength is not scary.
What’s frightening is someone who is not only shrewd but also scheming.
Such a person must not be invincible!
Absolutely must not be an enemy!
He repeated this to himself again and again in his heart, his eyes full of the relief and gratitude of one who’s survived a great disaster.
And at that moment—
One of his subordinates suddenly spoke up, “Former Leader, the price has reached 598 Points, just as you anticipated. The market shows no signs of weakness, with buy orders far outnumbering sell orders.”
“Many people are buying.”
“SELL!!!”
Li Yi commanded loudly without the slightest hesitation, but then quickly spoke up again, “Wait, come back, not sell, I mean rapidly clear the inventory, got it?”
“Get rid of all our stock as fast as possible, supply anyone who’s buying, and hang all sell orders at the 590 Points level.”
“Ah?”
The subordinate was slightly stunned and somewhat confused. “Former Leader, this might cause the price to drop. The price is still holding strong, showing no signs of a downtrend.”
“Are you sure you want to dump and clear out now, Former Leader?”
“I’m sure. What are you waiting for, can’t you understand plain language?”
“Oh, okay, Former Leader, I’ll handle it right away.”
…
Three minutes later.
This subordinate returned with a somewhat troubled look, “Former Leader, all the goods are sold, the average selling price was 584 Points, but… the price keeps falling uncontrollably. The other tycoons are frantically defending the price and trying to push it up, but for some reason, it seems they can’t hold it.”
“Heh heh.”
Li Yi gave a cold laugh without saying a word. If they could defend it, that’d be a miracle. With Yi’s kind of heavy-handed dumping, what caliber of tycoons would be needed to defend the price? Even if they did manage to defend it, how much money would they have to splash out to do so?
Following that.
The price of the E-level Random Prop Chest plummeted like a roller coaster ride.
