The collapse of the Carefree Talisman was not a one-time avalanche, but a gradual descent, for this world had never lacked clever people with quick minds.
Everyone watched and waited.
Because anyone with insight could see that the ten billion Carefree Talismans flooding the market were not hitting them, but the grandees at the top—the Immortal Lords perched high above.
Thus, even as some began selling off and trying to cash out, these independent cultivators did not enter the market. They watched coldly from the sidelines, triggering a continued decline in price. The immortal clans and sects that had previously held vast quantities of Carefree Talismans began selling frantically. They no longer hoped to profit; being able to break even would be a blessing from the Immortal Venerable.
Yet still, no one stepped forward to catch the falling knife.
So the price of Carefree Talismans continued to fall. Only after dropping from its peak of 987 all the way below 500 did retail investors finally choose to enter the market.
Yet that very day, the price of Carefree Talismans began to rebound.
At the same time, a flood of messages was released, proclaiming that this was the best time to buy the dip, that Carefree Talismans would surely rebound powerfully to their former heights.
This was Immortal Lord Gu Ming's handiwork.
It was also his final desperate gamble. To do it, he leveraged himself, borrowed money, mortgaged assets—he had nearly emptied his house and fortune just to scrape together enough money to pull the price back up.
All for this wave.
Rise. Rise for me!
*As long as it rises back to 600, I'll sell immediately and cash out. Even if I take a loss, it'll only be a small one. It won't leave me stripped bare and cast down