Chapter 166: Too timid to play in the capital market
Chapter 166 I am too timid to play in the capital market
Author: Heguangwuwu
Chapter 166 I am too timid to play in the capital market
After communicating with Smith for a while, Ding Changsheng took Smith to Citibank.
Of course, contact Claire in advance.
"Hello Mr. Ding, I'm very happy to meet you!" She was wearing a well-fitting lady's suit, showing off her beautiful figure.
"Miss Claire, I'm very happy to see you too! You are more beautiful than I imagined!" Ding Changsheng shook hands with Claire in a very gentlemanly manner.
The kind that can be divided with just one touch by holding it with your fingertips.
"This is my lawyer Smith. I came here today to have a more detailed discussion on investing in Bitebi and your bank." Ding Changsheng introduced the lawyer who was following him.
Originally, Ding Changsheng just wanted to buy a batch of bitebi, wait for the value to appreciate, and then sell it to earn the difference.
Yesterday I had a brief chat with Claire on the phone and found out that Bitebi has many ways to play, and it can even increase leverage.
It's a bit like speculating in foreign exchange, futures, and stock indexes.
You can buy up or down.
You don’t need to actually hold the virtual currency Bitebi to play.
Compared with bitebi's market size, this secondary market is actually larger.
The bitebi market is currently worth RMB 500 billion, and it will exceed the RMB 1 trillion mark next year.
However, the derivatives market of Bitcoin has already stimulated a huge market of more than two trillion yuan.
If it were Bitebi's money market, Ding Changsheng was really worried that his investment of hundreds of millions of dollars would disrupt the original development pattern of the market.
Now that there is a larger derivatives market for him to play, he no longer has this worry.
His several hundred million, even with five times the leverage, would be just a waste of money.
“I have my own judgment on the bitebi market, so what I need is that your bank can provide me with traders who can buy or sell in full accordance with my instructions.
At the same time, all traders are required to sign a confidentiality contract and are not allowed to leak my operations, including my transaction records." Ding Changsheng stated his request unceremoniously.
This was also something Ding Changsheng asked Smith for advice when he was in Changsheng Hall.
He was worried that his transaction records would be leaked, which would cause unnecessary trouble.
Smith suggested that you sign a confidentiality contract and set up a sky-high compensation! And ask Citibank to provide a guarantee.
In the event of a breach of contract, Citibank will bear joint liability and first pay liquidated damages on behalf of the trader.
All traders bear joint and several liability. No matter who they are, as long as the transaction records are leaked, everyone will be liable for compensation.
Of course, Ding Changsheng also needs to pay a higher service fee.
Nothing is impossible in a capitalist country. If it is impossible, it means the price has not been agreed upon.
As long as Ding Changsheng is willing to give those traders higher commissions or bonuses, then they will definitely be willing to sign the contract.
The same goes for Citibank. Citibank earns commissions and service fees. As long as Citibank is given a commission that satisfies Citibank, Citibank will naturally be willing to guarantee its traders.
And people will be arranged to keep an eye on the traders to prevent them from leaking secrets.
"Mr. Ding, how much money do you plan to invest in bitebi's investment market?"
"Let's see! Maybe three to five billion, maybe one billion!"
"Mr. Ding, such a large amount of money entering the market, if coupled with leverage, is enough to affect the development of the market.
Therefore, we do not recommend that you invest such a large amount of money.
Because if such a large amount of money enters the market, it will be very conspicuous and attract the attention of hot capital, which may cause unnecessary losses to Mr. Ding." Claire's words were very tactful.
But Ding Changsheng understood the meaning behind his words. With such a large amount of money entering the market, it was very eye-catching. Unfamiliar funds could easily attract the attention of capital predators.
There is a high probability that you will become the prey of financial predators.
There will even be investment companies affiliated with Citibank.
Ding Changsheng entered the market to make money, not to feed the capital giants.
"Forget it, I won't enter the bitebi derivatives market. I will only buy bitebi in the bitebi market. I won't be hunted for this, right?"
"No! Bitebi is yours. As long as you don't sell it, no one can do anything to you!
They can influence the short-term trend of the market, but they cannot influence the overall trend of the market." Claire explained patiently.
"Then, can I entrust you to buy bitebi for me and deposit the bitebi in Citibank? When I need to sell it, Miss Claire will sell it on my behalf." Ding Changsheng asked another question.
"Yes, we at Citibank are willing to provide you with the most thoughtful service. Our slogan is, there is nothing you can't think of, and there is nothing we can't service." Claire showed a very friendly smile.
After asking clearly, Ding Changsheng still conservatively chose to buy virtual currency.
Although it is virtual, there are still things in good hands.
If you go to the derivatives market, you will see nothing. If you buy short or sell short, you will be preyed upon by a group of capital predators if you are not careful.
You know, these capital giants like to prey on novice players like Ding Changsheng.
Maybe Citibank itself will organize a group of predators to prey on Ding Changsheng.
Don't overestimate the credit of Citibank. Compared with the commission, they prefer Ding Changsheng's principal.
Under the witness of Smith, Ding Changsheng signed an agreement with Citibank to entrust the transaction of bitebi.
Citibank purchased, sold and kept bitebi according to Ding Changsheng's instructions.
Of course, Ding Changsheng also has to provide a large service fee for this.
"Ding Changsheng, this is the ultimate black card specially customized for you by our bank!"
"Is it the kind that can be used on airplanes?" Ding Changsheng asked with a smile.
"I'm very sorry, this card of yours cannot be used for airplanes yet! But you can still use it for a small yacht!"
"Okay! I understand, I still need to keep working hard!" Ding Changsheng received the black card and signed a few more words under Claire's guidance.
Then he left Citibank with his black card.
"BOSS, I really can't imagine that you are actually a hidden rich man!" Smith said in surprise in the car.
Just now in the bank, Smith suppressed his surprise and kept his expression calm.
"Haha, I just sold a few antiques and a few oil paintings. I didn't expect them to be so valuable!" Ding Changsheng explained with a smile.
"Then you are so lucky to be here! I am honored to be the exclusive lawyer of a billionaire!" Smith sincerely congratulated him without getting entangled in the origins of these antiques and oil paintings.
You must know that Smith's status in the legal profession is not very high, otherwise he would not have become Ding Changsheng's second grandfather's lawyer and traveled to China to find him to inherit his second grandfather's inheritance.
You know, according to the value of the second grandfather’s estate, the legal fees are not very high.