Chapter 193: No Capital, Huge Profits
So, in the twelfth generation, the manipulator behind the Lingwu grass hype was Qingmu Huasheng Zhenjun.
In this life, he abandoned his identity as a banker and entered the game in pursuit of profit.
There are many behind-the-scenes players who share the same idea as Aoki.
Driven by these people.
The price of Lingwu grass, after briefly maintaining at 35 points, began to expand for the second time.
The day after the incident, the price once rose to 50 points.
It then fell back to 45 points.
Floating back and forth between 45-50 points.
At this time, the fact that the price of Lingwu Grass had more than doubled in a short period of time became a hot topic among many cultivators.
Their faces flushed, and from their words, it seemed that the price of Lingwu Grass would at least increase to one hundred points.
Gradually, many people who were late to the party were inevitably attracted by it.
Many monks who had never even known what Lingwu Grass was before also began to care and get involved.
Affected by this, on the third day, the price of Lingwu grass successfully broke through the 50-point mark.
It rose to 54 points.
In Qianli Hall of Wanxian Island.
"Fellow Daoist Jiao, it's time to take action now, right?" Li Fan asked again.
Jiao Xiuyuan's eyes were filled with greed, and he shook his head violently: "No, no, no, we have only just started!"
"Now, this Lingwu Grass is still Lingwu Grass. When Lingwu Grass is no longer Lingwu Grass, that's when we can really make a fortune!"
"It's almost there, I feel like it's just the finishing touch!"
He Zhenghao also had the same opinion as Jiao Xiuyuan.
"Daoyou Li Fan, remember to hold the Lingwu Grass firmly in your hand."
“Don’t believe what some people say, that the price will plummet. Those are deliberately released by people who haven’t entered the market yet, hoping to drive down the price.”
"Trust my judgment! The Spiritual Mist Grass will continue to grow!"
…
As if to confirm what the two said, in the next few days, the price of Lingwu Grass fluctuated and rose.
It rose all the way to 66 points.
In the Tianxuan Mirror, Li Fan shook his head.
"It seems that all it takes to become truly crazy is a fuse."
"Of course, it could also be the bursting of a bubble."
Li Fan looked at the 2,900 Lingwu grasses he currently had and chose to sell 1,000 of them without hesitation.
At this time, Li Fan discovered another benefit of joining the Wanxian League system.
Based on the level of authority, a corresponding number of original price repurchases will be provided each year.
Li Fan is currently at Yanwu.
Three times a year, you can sell supplies according to the actual prices in the Tianxuan Mirror.
So Li Fan sold the Lingwu Grass for 66 contribution points.
Sixty-six thousand contribution points were instantly collected.
Li Fan felt nothing in his heart and continued to watch how the situation would develop.
When the price of Lingwu grass reached 69 points, the rise was finally curbed.
Some people who were originally fanatical also began to feel that the price of Lingwu Grass was indeed too high.
There is a risk of collapse afterwards.
So, like Li Fan, they chose to lock in the profits.
I also tried to speak out and advise my friends around me to stay rational.
As a result, the price did drop slightly, but was quickly pushed back up by a larger number of speculative monks.
But it never broke through the 69-point mark.
The bulls and bears engaged in a fierce battle here.
It lasted for five or six days without a clear winner.
Just when the situation was at a stalemate, things took a turn for the better in a way Li Fan had never expected.
The variables that Jiao Xiuyuan mentioned have finally arrived.
On this day, the slightly crazy voices of Jiao Xiuyuan and He Zhenghao were heard at the same time.
"Hahaha, Fellow Daoist Li Fan, what do you think of my, He Zhenghao's, vision? The price of this Lingwu Grass is going to skyrocket!"
"Here it comes! A business opportunity that can bring you tens of times more profit has finally arrived!"
Li Fan woke up from his practice and took a look at the price of Lingwu Grass.
At first glance, I thought I was seeing things.
One hundred and thirty-five contribution points per plant.
Li Fan was stunned for a moment, then took another look.
One hundred and sixty-six contribution points per plant.
Moreover, this number is growing at a very fast rate.
"How could this be?" Li Fan was stunned.
He asked quickly.
Jiao Xiuyuan and He Zhenghao gave the answers one after another.
Both of their voices trembled with excitement.
"Just now, news came."
"Qianlongyuan, Fengwu City, Cangmang Mountain..."
"Several major Lingwu grass planting areas in the Wanxian League were attacked by unknown monks at the same time."
"All the spiritual mist grass that was planted was destroyed."
"These people are so crazy that they have even completely destroyed the special environment for cultivating the Spirit Mist Grass in the planting area!"
"This means that in the entire Ten Thousand Immortals Alliance, no new Spiritual Mist Grass will grow for a long time!"
…
"This group of people really dares..."
Li Fan couldn't help but remain silent.
He couldn't help but think of the wise words that were well known to the world before he traveled through time.
If there is a 10% profit, capital is guaranteed to be used everywhere; with a 20% profit, capital will become active; with a 50% profit, capital will take risks; for the sake of 100% profit, capital will dare to trample on all human laws; with a 300% profit, capital will dare to commit any crime, even at the risk of being hanged.
Even if the world changes, it will still be the same.
What's more, this time it's more than just three times the profit.
The news that the cultivation sites were attacked at the same time instantly triggered a surge in the price of Lingwu grass.
In just one stick of incense, it rose from over 160 points to 212 points.
Moreover, it is still rising with no upper limit.
Those monks who had previously sold Lingwu Grass at more than 60 points, bought it again in tears with deep regret.
Seeing that the price of Lingwu Grass was showing a trend of skyrocketing again, those cultivators who already held Lingwu Grass but were still wealthy could not help but want to buy it again.
For a moment, the price of Lingwu Grass in the Tianxuan Mirror once again skyrocketed for no reason.
Two hundred and fifty-five, two hundred and eighty-two, two hundred and ninety-nine...
Soon, its price exceeded three hundred points.
At this point, most of the cultivators understood that the price of Lingwu Grass had completely become a bubble.
But they are all gambling.
Bet that you can get out of the bubble unscathed before it bursts, and earn back contribution points that you cannot earn in your entire life working.
The greed of human nature is fully revealed.
This kind of rising trend that could explode at any time made Li Fan feel shocked.
A strong sense of uneasiness suddenly welled up in his heart. At the price of 310 points, Li Fan sold all the remaining 1,900 Lingwu grass in his hand without hesitation.
It didn't even make a splash as it was swallowed up by the mad monks in an instant.
Five hundred and eighty-nine thousand contribution points.
Adding the previous 66,000 points, Li Fan looked at his total contribution of 650,000, as if in a dream.
(End of this chapter)
Continue read on readnovelmtl.com