Chapter 195: We Are All Bag Holders

The news that the Sakura Coin had stopped falling.

Sent the Sakura Country media into a frenzy.

Even if it had only stopped falling for a few minutes before starting a slow decline again, for Sakura Country, this was huge good news.

After all, the experiences of the previous few days were simply a disaster for many people in Sakura Country.

The stock market kept falling.

The currency also depreciated continuously.

The entire national economy was in turmoil.

The key was that those at the top simply couldn't stabilize it; they seemed to have no power to resist in front of Tianqi Group.

This caused many people to fall into despair.

And now, this brief few minutes of stabilization was a glimmer of hope for many Sakura Country people, a turning point in their fate.

At the same time.

Many media outlets at home and abroad scrambled to report on this, seemingly convinced that the situation was about to reverse and that Sakura Country was about to win this currency war.

And Tianqi Group, naturally, would be utterly defeated in this currency war.

……

On the second floor of the spacious villa, in the living room.

Su Xin sat on the soft sofa, watching various news reports on the television.

"I have to say, their control over media public opinion is truly impressive."

Su Xin picked up the juice on the coffee table, took a small sip, and remarked casually.

Xiang Lianyun, sitting on the other side, nodded and replied, "Indeed."

A few days ago, Liu Xuewei had finished her annual leave and returned to work at the company, and his parents were both busy with Tianfu Mall in the city, so only he and the two bodyguards were in the villa in the village.

Su Xin usually got along harmoniously with the two bodyguards and would sometimes sit together to chat.

Xiang Lianyun turned his head to look at him at this moment and asked, "The news says that Yingjiang Country is going to join forces with Sakura Country; is it really okay?"

Su Xin smiled:

"Let them join forces; I'm not afraid."

"Such a situation is actually a good thing for me. After all, if the Sakura Coin collapsed so quickly, I wouldn't be able to finish offloading the funds I have on hand."

"Originally, I was prepared to fight Sakura Country until both sides were badly hurt anyway. I don't care that much about money; as long as I can make Sakura Country learn a lesson, that's enough."

"But with the situation developing this way, I might even be able to make some money from it."

Speaking of this.

Su Xin's smile became even more brilliant.

His initial plan was indeed to snipe the Sakura Coin regardless of the cost, which was why he had mobilized almost all of the group's funds.

Only then would he have enough certainty.

But as those people from Yingjiang Country said, having too many Sakura Coins on hand wasn't a good thing either. If the Sakura Coin crashed while he hadn't finished selling, he would also suffer heavy losses.

Although it wouldn't be a total loss, the funds he had mobilized were expected to be halved.

That meant a loss of over a hundred billion.

This was the risk of finance.

If you are not well-prepared, you may not succeed in shorting; if you are too well-prepared, you may also cause your own losses.

Of course, Tianqi Group could afford to lose this money, and Su Xin didn't feel the pinch.

And now, the news that Yingjiang Country was preparing to enter the fray had caused quite a bit of capital to pour in to take over the positions, which could not only stabilize the price of the Sakura Coin but also allow Tianqi Group to sell off more.

The ideal situation would be for the Sakura Coin to crash exactly when Tianqi Group finished selling off all the Sakura Coins on hand.

In reality, of course, that was impossible.

Therefore, in practice, the later the Sakura Coin crashed before Tianqi Group finished selling, the more he would earn.

As for those who were about to lose everything in this currency war, Su Xin had no heart to sympathize. Since they entered the foreign exchange market and intended to get a piece of the pie in this war, they had to bear this risk themselves.

Xiang Lianyun nodded thoughtfully.

He actually didn't understand finance at all, let alone currency; he only knew how to look at what the news said and follow the crowd like an ordinary person.

But he knew that Su Xin would never brag aimlessly. Since Su Xin appeared so confident, it meant he indeed had a considerable degree of certainty.

Then he wouldn't worry.

……

By noon.

After Su Xin finished lunch, he returned to his study, closed the door, and made a phone call.

"Student Su."

"Director Hao, please pass on the message; it's about time to sell."

"Understood."

"By the way, although those professionals of yours must understand, I still want to venture a reminder: take it easy when selling; don't drive the price down all at once."

"I understand."

The two hung up the phone shortly after.

……

Over the next few days.

Sakura Country kept selling off various assets, even at lower prices, without hesitation.

And the large amount of Long Coins and Eagle Dollars obtained from selling assets at a discount were continuously poured into the foreign exchange market by them to buy large quantities of Sakura Coin.

Many retail investors and small capital holders did the same.

However, after this situation continued for three days, Sakura Country finally discovered that something was wrong.

"What is going on?"

"Why is there more and more Sakura Coin being dumped on the market? Why is the daily trading volume still climbing sharply?"

"The exchange rate is falling even faster!"

"Could it be that Tianqi Group has increased the intensity of its sell-off? Or is there someone else selling as well?"

"But who else could be selling? The increased trading volume over these past few days is almost catching up to the scale of Tianqi Group's sell-off."

"What about Yingjiang Country?"

"Have they not raised enough funds yet? Why haven't we heard any news from them?"

"Contact Yingjiang Country immediately, ask about their progress, and tell them we can barely hold on anymore."

It wasn't just Sakura Country that panicked; other retail investors and small capital holders who were prepared to loot the burning house also discovered that while they kept buying Sakura Coin, it only stopped falling for a few minutes before continuing to depreciate.

Furthermore, the decline has been getting steeper over these past few days.

"Damn it! Exactly how much money does Tianqi Group have in their hands? How can they keep selling so much every day for such a long time?"

"How long can they possibly hold out?"

"There must be other capital holders who favor Tianqi Group and are selling off just like them."

Some people also comforted themselves: "Don't worry, as long as we hold out until Yingjiang Country takes action, the situation will reverse, and Tianqi Group will surely be defeated easily."

"That's right, as long as we stay steady, Sakura Coin will definitely rise back up."

More people, however, kept cursing angrily:

"Stay steady my ass! If Yingjiang Country were really going to take action, Sakura Coin would have already appreciated, and the media would definitely be hyping it up, but there hasn't been a single peep these past few days."

"Besides, I heard that some Yingjiang Country capital is also selling off Sakura Coin."

"It's obvious that Yingjiang Country is lying, or the media is lying; Yingjiang Country never intended to step in to prop up Sakura Coin."

"Not only that, the trading volume in the foreign exchange market has been climbing continuously these past few days, and it is very likely that Yingjiang Country has a hand in it."

"They aren't just failing to help Sakura Country; they are selling off along with everyone else. Yingjiang Country is harvesting us all like leeks!"

"So, we were all just the ones left holding the bag!"

The internet was in an uproar.

All sorts of theories emerged one after another.

Some still firmly believed that Yingjiang Country would step forward to suppress Tianqi Group together.

Others sneered at Yingjiang Country.

But regardless, as Sakura Coin continued to plummet, many people stopped being optimistic and joined the ranks of those selling off.

Sakura Coin finally collapsed completely.