YM778.TV Chapter 205: 191: Making a Fortune Without Any Capital
Chapter 205: 191: Making a Fortune Without Any Capital
In this life, he abandoned the identity of market manipulator and joined the game for profit.
Many behind-the-scenes players who held the same idea as Qingmu were also involved.
Under these people’s influence.
The price of the Spirit Mist Grass, after briefly holding steady at 35 points, began its second wave of inflation.
The day after the incident escalated, the price once soared to 50 points.
Later, it fell to 45 points.
And fluctuated between 45 and 50 points.
At this time, the fact that the price of the Spirit Mist Grass had more than doubled in a short period became a topic of conversation among many cultivators.
They all showed red-eyed greed, as if the price of the Spirit Mist Grass would at least rise to a hundred points in their words.
Gradually, many afterthoughts were inevitably attracted.
Many cultivators, who had never known what Spirit Mist Grass was before, also began to take an interest and participate.
As a result, on the third day, the price of the Spirit Mist Grass successfully broke through the 50-point mark.
It rose to 54 points.
Within the Thousand Miles Hall on Ten Thousand Immortals Island.
“Jiao, is it time for us to cash out now?” Li Fan asked again.
Jiao Xiuyuan’s eyes were filled with greed, he shook his head forcefully: “No, no, no, it’s still too early!”
“Now, the Spirit Mist Grass is still Spirit Mist Grass. When the Spirit Mist Grass is no longer Spirit Mist Grass, that’s when we make a real killing!”
“Soon, I feel we’re just one step away!”
He Zhenghao also held the same opinion as Jiao Xiuyuan.
“Li Fan, remember, hold on to the Spirit Mist Grass firmly.”
“Don’t believe what some say that its price will crash. Those are rumors spread by those who haven’t entered the market yet, trying to bring the price down.”
“Trust my judgment! The price of Spirit Mist Grass will continue to rise!”
As if to confirm their words, in the following few days, the price of the Spirit Mist Grass rose in fluctuations.
All the way up to 66 points.
Inside the Tianxuan Mirror, Li Fan shook his head. “It seems that the real madness is just a spark away.”
“Of course, it could also be the burst of the bubble.”
Looking at the two thousand nine hundred Spirit Mist Grass in his hand, Li Fan didn’t hesitate to sell a thousand first.
At this moment, Li Fan discovered another advantage of joining the structure of the Alliance of Ten Thousand Immortals.
According to the Authority Level, a certain number of repurchases are provided at the original price each year.
Li Fan is currently at level five.
Three times a year, he can sell supplies at the actual market price in the Tianxuan Mirror.
So, Li Fan sold the Spirit Mist Grass at a price of 66 contribution points.
Sixty-six thousand contribution points were instantly pocketed.
Li Fan remained calm as he continued to watch how the situation unfolded.
The rising trend of the Spirit Mist Grass price was finally suppressed when it reached 69 points.
Some of the original enthusiasts began to feel that the price of Spirit Mist Grass had indeed been hyped up too much.
Subsequently, there is a risk of crashing.
So, they chose to secure their profits, just like Li Fan did.
They also tried to persuade their friends to remain rational.
The price did fall slightly as a result, but was quickly pulled back up by even more speculative cultivators.
But the 69-point barrier still held.
Both sides were in a fierce stalemate.
This went on for five or six days without a clear winner.
Just as the stalemate was about to break, something unexpected turned the tide.
As Jiao Xiuyuan had said, the game-changer had finally come.
On this day, the somewhat crazed voices of Jiao Xiuyuan and He Zhenghao came simultaneously.
“Hahaha, Li Fan, how’s my judgment? The price of the Spirit Mist Grass is going to skyrocket!”
“Here it comes! The real big business opportunity, finally here!”
Li Fan was jolted awake from his cultivation, he glanced at the price of the Spirit Mist Grass.
On his first glance, he thought he had read it wrong.
A hundred and thirty-five contribution points per stem.
Li Fan was stunned, then looked again.
A hundred and sixty-six contribution points per stem.
And this number was rising rapidly.
“How could this be?” Li Fan was flabbergasted.
He hastily inquired.
Both Jiao Xiuyuan and He Zhenghao gave the answer one after the other.
Their voices were trembling with excitement.
“Just now, news came in.”
“The Hidden Dragon Abyss, the Mystic Phoenix City, the Endless Mountain…”
“These several major cultivation sites for Spirit Mist Grass within the Alliance of Ten Thousand Immortals were simultaneously attacked by unidentified cultivators.”
“All the cultivated Spirit Mist Grass got destroyed.”
“These people are so ruthless that they even destroyed the special environment inside the cultivation site for nurturing the Spirit Mist Grass!”
“This means that for quite a long period, there will be no new Spirit Mist Grass growing in the entire Alliance of Ten Thousand Immortals!”
“These people, they really dare…”
Li Fan couldn’t help but fall silent.
He couldn’t help but remember the well-known maxims from before his transmigration.
If capital sees a 10% profit, it is guaranteed to be used everywhere; 20% profit and it becomes active; 50% profit and it risks stepping out of the law; 100% profit and it dares to trample on all laws of mankind; 300% profit and it dares commit any crime, even risking the gallows.
Even if it was a different world, it was still the same.
What’s more, it’s not merely triple profits now.
The news of the simultaneous attacks on the cultivation sites instantly ignited the price of the Spirit Mist Grass.
In just the time of a single incense stick burning, it went from a hundred and sixty points to two hundred and twelve points.
And it was still on the rise without a cap.
Those cultivators who had sold their Spirit Mist Grass for over sixty points before, filled with regret, tearfully bought back in.
And seeing the price of Spirit Mist Grass showing signs of another surge, those cultivators who still held Spirit Mist Grass and had some wealth left, couldn’t resist the urge to buy in again.
For a time, in the Tianxuan Mirror, the price of Spirit Mist Grass once again skyrocketed irrationally.
Two hundred and fifty-five, two hundred and eighty-two, two hundred and ninety-nine…
Soon, the price surpassed three hundred points.
At this point, the vast majority of the cultivators knew in their hearts that the price of Spirit Mist Grass had become a complete bubble.
But they were all gambling.
Gambling that they could get out with their full bodies before the bubble burst, incidentally earning a lifetime’s worth of contribution points that they could never earn through labor.
The greed of human nature was fully revealed.
This potentially explosive surge made Li Fan shudder.
Feeling a strong sense of unease, Li Fan sold the remaining one thousand nine hundred Spirit Mist Grass in his hand without hesitation when the price reached three hundred and ten points.
Without even causing a splash, it was swallowed in an instant by the cultivators who had lost their sanity.
Five hundred and eighty-nine thousand contribution points.
Added to the previous sixty-six thousand, Li Fan looked at his total of six hundred and fifty thousand contribution points, as if in a dream..