Reborn as a female internet celebrity in a county town

Chapter 247: How did it drop by eight points?

Starting on New Year's Day, Lin Lang had already converted his short Bitcoin contracts into long contracts.

Because the amount of capital is relatively small, it can easily and freely handle the hundreds of billions of dollars in contract trading every day.

Moreover, with such a small amount of funds, it's unlikely to cause any butterfly effect, so Lin Lang directly leveraged it to the maximum.

He was unaware of Bitcoin's daily price movements, but he knew that Bitcoin's all-time low this year was $3,400, and it was currently at $3,600.

It might drop by at most six points, but it could rise by more than three times.

If his small amount of money really does create a butterfly effect, causing the price of Bitcoin to drop to the point where he gets liquidated, then he'll accept it.

After all, there isn't much money, so the only way to accumulate funds is to maximize leverage.

Once things are settled with Fu Xueqing, he'll be able to find a way to borrow money.

"Sister Bing, can you come pick me up? I can't get back."

Around 11 p.m., Lin Lang called Bing Ning.

……

After giving the order, Yan Li felt extremely uneasy.

As funds flowed in continuously, the prices of related products kept falling...

The ETF that triples the leverage of Apple is essentially a stock.

This stock's price movement is the opposite of Apple's.

For every one percent increase in Apple's stock price, theirs drops by three percent.

The underlying principle is quite simple: either they buy or sell stocks on a one-to-one basis according to the amount of funds in the market, or they act as market makers themselves and make profits through certain operations.

It's somewhat similar to buying lottery tickets online.

Because selling lottery tickets is guaranteed to make money, the few platforms that previously had the license to sell lottery tickets online never reported the numbers people bought to the lottery center; they operated their own lottery privately.

If you win the lottery, they'll pay out; if you don't, they'll keep all the money.

Ultimately, because there were too many of these practices, online lottery sales channels were banned, and all online lotteries were defined as illegal.

The difference is that, in addition to being subject to strict regulation, ETFs also have the potential for losses. Therefore, most exchange-traded ETFs will try their best to strictly follow the procedures and only earn a certain amount of transaction fees.

They basically make a good profit every year based on their trading volume.

Buying lottery tickets, on the other hand, is highly likely to make money, with a very small chance of losing money, unless you're incredibly unlucky and all the big prizes end up on your own platform.

The fact that an exchange-traded ETF that leverages Apple 3x short is falling means that Apple's stock price is rising.

Although it was only a negligible half point, it resulted in significant losses after leverage was applied.

Yan Li appeared calm on the surface, but in reality, she had a strong urge to stop immediately.

The pressure of leveraging is really great.

This is not just a financial loss; Tianjin Capital is currently under intense scrutiny, and this could potentially bury the entire company.

It wasn't that she didn't trust Lin Lang; she simply couldn't calm down when she saw the violent fluctuations.

Fortunately, as they continued to buy, the ETFs on the exchange sold short positions to hedge, and the overall losses gradually decreased.

More than two hours after the market opened, Yan Li finally breathed a sigh of relief when she saw her account start to show a floating profit.

However, this doesn't mean anything. After all, it's a 3x leverage, so even a small fluctuation will be magnified three times. Even if you're lucky and have some unrealized profit today, it will be difficult to manage tomorrow.

Lin Lang did not require today's trading to be purely intraday arbitrage, as such a small fluctuation would not yield much profit.

Yan Li didn't want to stay in the trading room anymore. Every minute was turbulent for her. When watching the market, she didn't have Lin Lang's strong willpower, at least not yet.

"Have you rested?"

She sent Lin Lang a message.

"Is it convenient for you to answer the phone?"

"Wait a minute, I'll play with you when I get back."

"Still on the way?"

After Yan Li sent that message, Lin Lang never replied again.

Yan Li knew where Lin Lang's hometown was and that it would take about twenty to thirty minutes by car.

So I just waited in the office.

Anyway, I stopped looking at the market, and my emotions stabilized a lot.

She waited and waited, and half an hour passed in the blink of an eye, but there was still no news from Lin Lang.

She texted Lin Lang again: "Are you home yet?"

Two minutes passed, but Lin Lang still hadn't replied.

Not home in half an hour? Could he have been in a car accident?

There are people living on both sides of the country road, so the chances of a car accident are not small if you're not careful. Lin Lang has just returned to his hometown and hasn't driven much, so he might not be familiar with the road conditions at night...

With that in mind, she decided to call him first.

It's best if nothing happens, but if something does happen, I'll know immediately.

The phone rang quickly, but no one answered for a long time until it automatically disconnected.

She immediately called again...

This time it didn't ring for long; it was simply disconnected by the user.

Then, she received a message from Lin Lang.

"We're not home yet, please wait a little longer."

Yan Li sensed something was wrong from this reply, because Lin Lang always used punctuation marks, and if there were no punctuation marks, he would use spaces instead.

This message seems to have been sent rather hastily.

Is there some problem on your end?

no reply.

Two minutes later, she called again.

Still no one answered.

She sent Lin Lang a few more messages.

After receiving no reply, about five minutes had passed since the last call, so she called again.

Fortunately, they accepted this time.

Lin Lang's voice came from the other end, asking, "Shouldn't you be in the trading room at this time? Why are you calling me?"

"You finally answered. I thought something had happened to you."

"It's nothing, it's just that I was a little late. When you messaged me earlier, I was just about to drive off when I suddenly remembered I had something to take care of, so I turned back. I'm still on my way, and it'll probably take another ten minutes or so to get back..."

Lin Lang's last sentence was not a lie to Yan Li; they were indeed on their way at this moment.

Bingning drove to pick him up, but on the way she suddenly turned onto a side road and stopped the car, and then she had sex with him.

When Yan Li sent him a message, he didn't have time to read it, nor did he have time to answer the phone. He just hurriedly replied to the message.

He made a phone call to Yan Li while getting into the driver's seat, starting the car, and driving away!

As for ice condensation?

Her legs were weak, and Lin Lang didn't dare let her drive.

"Okay, it's good that you're alright. I won't disturb you while you're driving."

Yan Li hung up the phone on her own initiative.

She could hear that Lin Lang's breathing was a little rapid, as if he had done some strenuous exercise.

But none of that matters; at least it proves that Lin Lang is alright.

Bingning lay in the back row; she really didn't have any strength left.

However, he had already calmed down and joked, "It's really nice that there are still girls who care about my little rascal in the middle of the night."

"Is Sister Bing jealous?"

"Vinegar? Is it the fishy kind? I like it..."

"Haha...we'll see what you do when we get home."

"Slow down!"

……

Lin Lang did drive much slower, and it took him twenty minutes to get home.

Otherwise, having already gone halfway, he could have driven back in ten minutes.

Before they arrived home, Bingning was already in the passenger seat, and Lin Lang drove directly to the yard in front of the house. The living room light was still on, and when Lin Lang came in, he found that Ms. Xu had prepared dinner.

"Mom, why aren't you asleep yet?"

Ms. Xu said with a smile, "I don't have much going on lately. I'm working so late, so I'll eat something before I go to sleep."

"Eating too much at night can easily lead to weight gain."

Lin Lang said this, but he was already sitting at the dinner table.

Ms. Xu said irritably, "So what if he's a little chubby? Men look better when they're a little chubby."

Lin Lang: "..."

This statement applies to women as well as to Ms. Xu.

She even thought Bingning had lost a bit of weight.

Just then, Ms. Xu saw Bingning come in and said, "Ningning, eat something before you go to sleep."

"Huh? No, no, I'm not eating. I'm a little sleepy. I'm going to sleep now."

Bing Ning's expression had changed.

If you eat a little more tonight, you might gain two pounds tomorrow.

Damn it, she's already 110.

If she gains weight to 120 pounds, can she still sell it for a high price?
Seeing Bingning quickly walk away, Ms. Xu was somewhat disappointed, "How thin has Ningning become... her legs are as thin as chopsticks..."

Lin Lang: "..."

He agrees with this point, but not with disposable chopsticks that are all the same length and thickness. Instead, he prefers chopsticks that are thicker at the top and thinner at the bottom, which not only look nicer but also feel better to hold.

"Mom, you go to sleep first, I'm going to eat for a while."

"Okay, just leave it there after you finish eating, and I'll clean it up tomorrow morning."

"it is good."

After eating a few bites, Lin Lang saw his mother go back to her bedroom, so he took out his phone, took a picture, and sent it to Yan Li.

The caption read, "Mr. Yan, are you hungry?"

"Got home?"

"We're here! Want to turn on a video? I'll do a live mukbang for you."

"Come!"

Yan Li immediately sent a video call invitation.

Lin Lang didn't refuse. After the call connected, he put his phone aside and started eating.

Yan Li stared at it for a while, then couldn't help but say, "It smells delicious! Did your aunt make it?"

"Yeah, I got home late today, so my mom made me something to eat."

"Is this your reason for coming home?"

"Otherwise what? No matter how delicious the food outside is, it can't compare to home-cooked meals. Outside you're just surviving, but home is where you truly live."

"But... I feel like you could be the richest person in the world!"

Lin Lang: "There's no such thing as the world's richest person. We don't even know where the real richest person is."

"Is it not acceptable to do it in name only?"

Yan Li knew, of course, that the world's richest man on the surface was merely a figurehead whose net worth was inflated by leverage.

But that's impressive enough.

"Those in name are all targets; the real ones are all hiding behind foundations. So, even the world's richest man can't compare to a bowl of hot rice from my mom. Xiao Yan, work hard, I believe you'll become the new world's richest man in the future, and then you can borrow some money to spend."

"How much do you want to borrow?"

"No, you actually believed it?"

"Nonsense, how could I not take what you said seriously? From now on, I'm going to prepare to become the world's richest person. If I don't, it has nothing to do with me; it's simply because you're not capable enough."

"Let me do the math... Even if I give you 500 million every day, it would take about eight years to become the world's richest person... That's about right. I'm still young, I'll only be thirty by then, my body can handle it."

"Hehe... Anyway, I'm following your instructions, so if anything goes wrong, it's your fault."

"No, you're obedient in this respect, but why don't you listen to my other instructions?"

Do you have any other instructions?

"Look at her chest."

"Oh, let me show you..."

For Yan Li, the camera simply moved down a little.

After the shirt buttons inside the suit were undone, a patch of white snow appeared...

"I'll show you when I take a shower later, so you won't be left out."

"I won't look! As long as I don't lose money in the stock market today, that's fine."

"Look at you, so realistic!"

"Look at you, you're such a lecher!"

They chatted for about half an hour. Yan Li felt much more relaxed, and Lin Lang finished eating.

I was planning to take a shower, but after eating, I really didn't want to move, and besides, taking a shower after a full meal is bad for my health.

So he went back to his bedroom and lay down immediately.

He finally understood why Bingning had stopped halfway through the journey: she knew her mother was still awake.

"Xiao Yan, I need to go to sleep now. You should rest more during the day and not work so hard."

"OK, good night."

"Good night."

Lin Lang hung up the video call, placed his phone on the bedside table, and fell asleep contentedly.

Holding her phone, Yan Li felt uneasy again.

She felt unusually at ease when she was video chatting with Lin Lang, but the moment the video call ended, she felt terrible.

"Damn it, I forgot to send him a picture of my legs today!"

What should I do if I'm wearing long johns?

"Give us thermal underwear too!"

Half an hour later, after sending the photos, Yan Li felt much more at ease.

Although she only rested for a little over three hours in the afternoon, she wasn't sleepy at all.

As the market was about to close, she went to the trading room again.

All funds have been allocated, and the account currently shows a floating profit of 1.56%, which corresponds to a 0.52% drop in Apple's stock price.
However, this small unrealized profit is equivalent to holding a short position of three billion US dollars. If this short position is to be cashed out, it will become a long position.

A stock price increase of three billion US dollars is certainly more than one percentage point.

Even if this were applied to a stock like Apple, which has a daily trading volume of three to four hundred billion dollars, it would still boost the price by at least two percentage points.

In other words, this transaction resulted in a loss, and a significant one at that.

This is a false, superficial prosperity.

It was already 4 a.m. after the US stock market closed.

After realizing that nothing could be changed, she felt utterly exhausted.

I decided not to go home and just slept at the company instead.

She didn't know how long she had slept, but it certainly hadn't been long.

I picked up my phone and glanced at it; only two hours had passed.

However, she was not sleepy at all.

She knew she was being overly anxious. Despite her constant claims that Lin Lang would be held responsible if anything happened, it was unrealistic and merely an excuse she used to comfort herself.

If something goes wrong, I'll definitely be held responsible.

But when she looked at her phone screen, she noticed something was wrong.

She placed the pre-installed stock trading app on the top of the screen, with only one stock listed: Apple.

At this time, Apple's stock price dropped by eight points.

US stocks have after-hours trading, although the trading volume is very small, it is generally a preview of the next day's market.

No, how did it drop by eight points?

(End of this chapter)