Orchid hype depends on buying and selling to drive up prices.

From skyrocketing to plummeting, the orchid market has experienced eye-popping ups and downs. In front of us, the entry and exit of speculators is an important factor leading to orchid price fluctuations, so how do these speculators manipulate the orchid market?

Mr. Liu used to be a trader in a securities company in Kunming. When the orchid market was booming, his friends persuaded him to join the team of frying orchids. But after careful investigation, Mr. Liu finally gave up the project. Mr. Liu told reporters that first, it is not scarce, second, it can be regenerated, and third, its bubble is too serious.

Although Mr. Liu gave up frying orchids, his friends still invested a huge amount of money to enter the orchid market. Mr. Liu said, "I know that my friend once invested 40 million yuan in it. In the end, it was not enough because he borrowed money from the bank and mortgaged all his property. At the same time, he attracted a lot of business bosses around him to fry orchids together. In the process of frying orchids, they evaluated and exchanged orchids, assessed the value of certain species of orchids, and then spread them to the market." For example, the value of a certain kind of orchid should be in what value, create an effect, let them rob things, and then they begin to sell gradually, this series of actions include speculation.

Mr. Liu told us that one of the most typical ways to speculate orchids is for several well-funded bookmakers to invest hundreds or tens of millions of funds to join hands. For example, the banker buys a batch of orchids at a price of 30, 000 seedlings, then sells them at a price of 50, 000 seedlings, and then sells them to another banker at a high price of 100000. In the process of continuous buying and selling, and then through the soft publicity of the media to attract other investors to follow suit, causing the price of one or several orchid varieties to soar. When these hot money made huge profits, no one took over the sky-high orchids, and the market soon collapsed.

Mr. Liu said, before, I knew a friend who invested in a greenhouse for raising orchids with more than 4 million hardware facilities. I talked to him in front of him. I take the liberty of asking you how much you have invested in more than 50 million orchids. He said that the peak was no more than 4 million, and now, if no one has taken over the sale at 4 million, it will be gone, so it is very tragic. Another orchid merchant also said that when you take it in the rush hour, you will make money by selling it right away. If you are reluctant to sell, here and there, they all died later, only to be destitute.