abcnovels
Chapter 19
Chapter 19
Chapter 19: Liquidate Everything!
Translator: Dragon Boat Translation Editor: Dragon Boat Translation
Seeing his roommates’ reactions, Luo Yang was furious.
“I’m telling the truth, you guys must believe me!”
But the more he acted like this, the more his roommates felt that he was joking.
After all, it was too unbelievable that a billionaire suddenly appeared beside them.
In comparison, they were more willing to believe that it was just a joke.
Seeing that they didn’t believe it, Luo Yang didn’t waste his breath and turned to Lin Bai for help.
“Lin Bai, we’re roommates, you can’t just ignore your brother! Please, Please, give me some advice, can I still buy Dogecoin now?”
Lin Bai thought for a moment and said, “The price of Dogecoin is too high now. If you buy it now, it’s basically a high-level takeover, I suggest you don’t buy it.”
“The other thing is the radar money in your hands. It’s best to quickly throw it away. Because it’s a pyramid scheme money, the risk is very high. Who knows when it will burst?”
Luo Yang started from RadarCoin. If it were any other time and he heard someone saying RadarCoin was bad, Luo Yang would definitely lash out at them.
But now, the person who said this was Lin Bai. This made Luo Yang have to face the problem and think seriously.
After weighing the pros and cons for a short while, he felt that he should trust Lin Bai’s judgment.
After all, if Lin Bai could foresee the sharp rise of Dogecoin, he would definitely be able to see the sharp fall of the radar currency.
“Alright, I’ll listen to you. I’ll sell all the radar currency in my hands, leaving none behind.”
Luo Yang quickly sold all the RadarCoin in his hands. Then, he checked the current price of Dogecoin and found that it had actually risen again.
The price of Dogecoin had gone up by 99 times. In just a short while, it had gone up by a few times again.
In total, it had gone up by about a hundred times. In other words, if he had bought Dogecoin directly instead of consulting Lin Bai, he would have earned a little.
He asked Lin Bai hesitantly, “Do you really advise against buying Dogecoin now? It seems to have gone up by a little...”
Lin Bai also saw the current price. It was more than 100 times higher than when he had bought it previously.
In other words, Lin Bai’s net worth was now more than 500 million yuan.
Lin Bai was still very calm and said, “I don’t recommend it. This price won’t last for long. It will soon go down.”
Luo Yang looked at the slightly rising price of Dogecoin and felt an itch in his heart.
However, in the end, he still relied on his willpower, which had been honed through years of currency speculation, to force himself to close the page and stop looking at the price of Dogecoin.
Since he had chosen to trust Lin Bai, he might as well trust him to the end.
Lin Bai said that the price of Dogecoin would soon fall, so that meant that it would fall!
He trusted Lin Bai!
However, the others did not have Luo Yang’s willpower.
They saw that the price of Dogecoin was rising all the way, and even directly broke through the 100 times price barrier. They were so envious that they were about to go crazy.
Those who still had spare money in their hands did not hesitate to throw it all in to buy Dogecoin.
Those who did not have spare money would move around and sell the other crypto in their hands. They also had to gather money to buy Dogecoin!
In the group, on the forum, and everywhere else... there were topics about Dogecoin were everywhere.
It was as if Dogecoin had become the only important thing in the crypto community overnight as they abandoned the other cryptocurrencies.
Almost everyone was crazy about Dogecoin.
The people that were originally saying bad things about Dogecoin had all disappeared, leaving only the pursuit and praise for Dogecoin.
Just when the market was doing well and everyone thought that the price of Dogecoin would continue to rise, Lin Bai made a decision that shocked everyone.
He began to sell all his Dogecoin.
Luo Yang watched Lin Bai sell Dogecoin from the side and was dumbfounded. “Lin Bai, are you so sure that Dogecoin will fall?”
“The current price is still so good, aren’t you going to keep some?”
Even if it had nothing to do with him, Luo Yang felt sorry for him. Lin Bai shook his head and answered firmly, “No.”
The Future News app only said that the price of Dogecoin would increase by a hundredfold, which meant that the future price would either remain stable or fall.
Lin Bai felt that the possibility of a sharp fall was even greater.
This was because Dogecoin was created purely for mischief and did not have any value in itself, nor would it maintain its value. The reason that it was able to soar was entirely because of Elon Musk’s tweet on Twitter, causing everyone to rush to buy it.
This caused the price of Dogecoin to rise.
However, this trend was destined to not last long. Once the heat dies down, the price of Dogecoin would definitely fall as well.
Therefore, the best choice was to take advantage of the moment when the price had reached its peak and sell it off. Just after Lin Bai sold the last dog currency, the price of Dogecoin began to fall crazily in just a few minutes!
Luo Yang, who was watching the price changes on the market, couldn’t help but exclaim when he saw Dogecoin begin to fall. “Oh my God! Lin Bai, you’re too amazing!”
“No more, no less, I just happened to sell at the highest point. Your method is too awesome!”
“Tell me the truth, do you have insider information?”
Lin Bai smiled and shook his head. “No, it’s pure luck.”
There was indeed no insider information, but he had a more reliable app than insider information — the Future News APP.
However, Lin Bai could not tell him this secret. Luo Yang refused to believe that this was luck. “What Luck?Don’t be modest. It’s clearly your good judgment!”
“Otherwise, how could it be so coincidental? It just so happened that I bought at the lowest point, and after I bought it, it went up. After it went up to the highest point, I sold it, and the price immediately went down? How could there be such a coincidence!”
“I don’t care. In any case, I’ll follow what you do from now on. I’ll buy whatever you buy. If you sell, I’ll follow.”
Luo Yang had already completely regarded Lin Bai as an investment god. Lin Bai didn’t refuse.
As buddies, it wasn’t a big deal to let Luo Yang earn a little money with him. The other people in the group weren’t like Luo Yang, who could have the unique conditions to obtain first-hand information from Lin Bai’s side at any time, as well as accurate predictions.
When they saw that the price of Dogecoin had begun to fall, they were all a little flustered.
“The price of Dogecoin has started to fall. Do you guys think it will continue to fall?”
“The price is falling so fast. I kind of want to sell it. What about you guys?”
“Does anyone think that the price of Dogecoin can go back up? I want to wait a little longer. Does anyone else want to say something too? Right now, we urgently need confidence.”
“I also think that it’s just a temporary fluctuation. There’s no need to panic. Master Lin has bought so many Dogecoin and he’s not panicking. Why are we panicking?”
“That’s right, that’s right. Master Lin hasn’t even sold it yet. Why are we panicking?”
...
After the group members discussed among themselves, most of them decided to keep Dogecoin.. They were not in a hurry to sell it.