"Okay, I can work with you, but I want to first hear your understanding of the digital currency market and how you plan to make money."

Song Rui spoke again.

He is now well-funded and he is willing to take a risk.

"Second brother, don't be impulsive. There are many big names in cryptocurrency trading, and many are even big players who are in the stock market. But how many people make money? Most of them have been cut off. So I advise you not to believe that Pei Sicong is a fool, he just pays IQ tax."

Luo Junxian immediately persuaded.

He had never touched digital currency, but he knew very well that this industry was very deep and it would definitely not be worth the life of drowning. In addition, Pei Sicong was also known as a boy who gave money, so he was even less optimistic about Pei Sicong.

"Junxian, can you not look at people in the cracks? I admit that I have lost a lot of money, but every time I lose, I will summarize my experience and lessons. My current awareness of fund management is definitely not worse than that of you."

"Take this cryptocurrency speculation as an example, I conducted market analysis three months in advance, and made clear calculations on risks and returns. I also specially made a risk control model and conducted multiple simulation analysis and evaluations of future digital currencies."

"Now I am ready for everything but I don't have the east wind. As long as I have enough funds, I can become the master of the market, not just a passive participant, and I will definitely make a fortune by then!"

Pei Sicong said confidently.

Although he had basically lost money in his investments before, he was not a fool. He had already lost experience, so this time he had absolute confidence in himself.

"Okay, you and I don't know you yet, you're just a money-losing guy."

Luo Junxian said with contempt.

Although Pei Sicong said it well, because his character of being able to lose money has long been deeply rooted in Luo Junxian's heart, Luo Junxian still maintains a high degree of suspicion of him.

"Forget it, I don't have to say anything but a long sentence. I'm too lazy to waste time with you."

Seeing that Luo Junxian could not convince him to change his views on him, Pei Sicong no longer spoke much to Luo Junxian.

Pei Sicong then looked at Song Rui again.

"Second brother, take a look. This is the price trend chart of Bitcoin in the past eight years. This is the trend chart of the past year. What can you tell from this?"

Pei Sicong asked, pointing at his tablet.

"Bitcoin fluctuates significantly, and there is a risk of surges and plummeting. I can't see anything else for the time being."

Song Rui glanced at him and said.

"You are right, but what I mainly want you to look at are these two surges. It is precisely because of these two surges that Bitcoin has risen strongly, becoming the world's largest digital currency today, and creating a lot of billionaires. But do you know the real reason for these two surges?"

Pei Sicong affirmed Song Rui's answer and asked another question.

"have no idea."

Song Rui shook his head and said.

He hasn't studied Bitcoin, so he naturally doesn't know the various things in it.

"Because both of these times were Bitcoin's halving period!"

Pei Sicong said in a deep voice.

"Half-term? What the hell?"

Luo Junxian asked with a confused look on his face. He was also confused as an outsider.

"Halving is an event where Bitcoin block subsidies will be reduced by half for every 210,000 blocks, which is the main feature of Bitcoin. The purpose of the halving is to lower the issuance rate of new Bitcoin until it finally reaches its hard cap of 21 million."

"The halving cycle is four years, and these two Bitcoin surges began after the halving. Especially recently, the Bitcoin market performance has begun to show a steady upward trend, which means that some capital has begun to enter the market."

"As far as I know, many European countries have introduced policies that are beneficial to Bitcoin, which has made the Bitcoin market more and more regular and attracted more and more speculators to enter this circle."

"Especially, it's a new round of halving. According to previous years' experience, many capital giants will buy large funds to buy at the bottom to build momentum for the Bitcoin market. In this way, Bitcoin will inevitably continue to rise within one to two in the future."

"When those retail investors see it profitable, they will inevitably rekindle market enthusiasm and start to increase their funds to buy and buy. When a large number of leeks and funds pour into the currency market, it is the time for the bull market to arrive. We only need to make a fortune when the bubble bursts and ships money and leave the market, and we can definitely make a big profit!"

Pei Sicong became more and more excited as he spoke, as if he was injected with chicken blood.

However, Song Rui still maintained enough calmness. After pondering for a moment, he asked again: "How are you sure that capital will definitely buy at the bottom? If you have a wrong estimate, wouldn't we be trapped at a high position?"

"Don't worry, I'm sure I'm not blindly guessing this, but has been analyzed by professional market."

"I think there are four main reasons for the future market of Bitcoin. First, the situation in the Middle East is unstable. You should have heard of the assassination of a senior general in the Middle East some time ago. Because of this, Bitcoin rose by 10% in just two days."

"The second is global economic turmoil. Nowadays, the economic development of many countries has slowed down, especially the trade war has threatened the growth of the world economy and individual credit currencies. Brexit will directly affect the economies of EU member states. In this context, Bitcoin looks attractive because it has nothing to do with the assets that investors are used to as standard, and it is increasingly becoming a globally recognized means of value storage."

"The third is the Bitcoin halving I just mentioned. It is expected that a new round of Bitcoin halving will begin in four months. By then, Bitcoin creation will become even scarce. From the history of the last two Bitcoin halvings, we can see that the price of Bitcoin will be strongly affected after the halving, and the rise is very obvious."

"As for the fourth point, it is that Bitcoin's hash rate has reached a record high of nearly 120ths/s, this kind of…"

When he heard this, Luo Junxian suddenly interrupted, "What the hell is the hash rate?"

"I don't know that the hash rate is still showing off my IQ in front of me, it's really not embarrassing!"

After finally finding an opportunity, Pei Sicong immediately laughed at Luo Junxian without hesitation.

"I'm not involved in the currency circle, so I don't know these things."

Luo Junxian retorted unconvincedly.

He has only read a few reports about Bitcoin before and has not studied this industry in depth, so he has no idea about these professional terms.

"If you don't understand, just talk less, no one will regard you as a mute."

Pei Sicong replied with contempt.

"You're so bad..."

"Okay, Junxian, stop arguing, let Sicong continue to talk."

Song Rui interrupted Luo Junxian.

After listening to Pei Sicong’s explanation just now, he is now becoming more and more interested in digital currency.

【Author's off-topic】: This chapter is purely fictional, if there is any similarity, it is purely coincidental
Chapter completed!