After the Divorce, I Found a Thousand Bitcoins - Chapter 13

—————
This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
—————

I Got Divorced and Found a Thousand Bitcoins Episode 013

The atmosphere in Yeouido was like walking on thin ice.

“I can’t trade properly because of Goldwin.”

“Seriously, I haven’t been able to sleep at dawn since that guy became president.”

“Sigh… I wonder what nonsense he’ll spout today.”

Goldwin’s statements had put traders in a state of extreme tension.

Thanks to this, traders working night shifts couldn’t let their guard down.

“We’ll probably see a bearish market for a while, right?”

“What bearish market? A full-scale correction could come. It’s risen a lot so far.”

“True, we’re at historic highs. It wouldn’t be strange if a correction came here.”

Traders were approaching the current market cautiously.

This was because prices could move due to external factors rather than the fundamentals of individual stocks.

So Yeouido was moving conservatively.

However, Kang Hyeon was different.

“We’ll use 2.5x leverage passively. Unfortunately, JP Morgan won’t increase our leverage.”

The leverage JP Morgan granted to KH Capital was 2.5x.

With a deposit of 40 billion, they could effectively operate with 100 billion in funds.

“Since this is our first trade, they seem to be approaching it conservatively too. If we continue trading, we should be able to increase leverage quickly.”

Kwangho’s explanation was accurate.

In fact, this level of leverage was ideal for a first trade.

“From today, we’re entering full-scale trading. This is our first night shift, but everyone stay alert and participate in the market.”

“Yes.”

“Understood.”

For traders who mainly dealt with US markets, night shifts were like daily routine.

Since this was KH Capital’s first night shift since opening, Kang Hyeon encouraged his staff and took a break.

Sitting in his chair and looking at the monitor, Kang Hyeon could see the indices rippling in red.

‘It feels like watching a campfire.’

The red color was more intense than ever.

Having conducted countless tests, he knew well what this meant.

‘When it emits such intense light, that’s when volatility is highest. There’s definitely going to be a big event today.’

When Bitcoin fell to $100,000, the same kind of light was present.

It just collapsed downward because the color was blue.

But today, the stock market was glowing entirely in red.

As if it would burn everything at any moment.

‘The market opens and major volatility emerges.’

Kang Hyeon’s gaze turned to the large monitor installed on the wall of the Trading Room.

It displayed charts of S&P500, NASDAQ, VIX, Dollar Index, as well as major stocks from each index.

The stocks weren’t moving yet since the market hadn’t opened, but the indices in the futures market were already fluctuating.

It was like a precursor, similar to small earthquakes occurring before a major earthquake.

“One minute before market open.”

Then Kim Seong-won’s voice was heard.

He brought coffee to his mouth and drank it all at once.

As caffeine entered all at once, he felt his mind clearing.

“30 seconds!”

Now all preparations were complete.

“10 seconds!”

What remained.

“5!”

Was the real battle.

“Market opens!”

The stock market shook.

* * *

As soon as the market opened, all stocks turned red.

“Nvidia, Microsoft, Tesla, Apple. All stocks starting with declines.”

Selling pressure continued on the leading stocks driving NASDAQ.

It wasn’t quite panic selling, but this level of selling pressure hadn’t been seen in a while.

“VIX rising.”

The VIX, which could be called the fear index, rose rapidly.

This meant market participants were anxious and viewing the market negatively.

“DXY is actually falling.”

This was somewhat unexpected.

When markets are chaotic, demand for safe assets typically increases.

So US Treasury bonds as well as the dollar’s value should have risen.

But the Dollar Index was falling?

“Breaking news from Bloomberg Terminal. The dollar’s weakness is due to forecasts that tariffs of this magnitude could also damage the US, since it’s the first time.”

Forecasts were emerging that large-scale US tariffs could actually be counterproductive.

This phenomenon created a movement where the fear index rose while the dollar showed weakness.

“What a mess.”

Kang Hyeon summarized the current situation in one phrase.

The global financial markets right now were chaos itself.

“What about the White House? Is there no news from there yet?”

“No particular news yet. Goldwin hasn’t posted anything on social media either.”

Goldwin was a president who utilized social media well.

Since no one knew when or where he might post on social media, traders had to monitor that too.

“NASDAQ down 1.4 percent, the speed of decline is increasing. The Dow and S&P500 are also expanding their losses.”

At Kim Seong-won’s report, Kang Hyeon’s gaze turned back to the charts.

The speed of decline was definitely accelerating.

At this pace, a 3 percent decline like the previous day seemed possible.

‘Even at this speed, are you still going long?’

Watching Kang Hyeon stare at the screen, Kim Seong-won was curious about his thoughts.

Whether he would maintain a long position or jump on the current downward trend.

That’s when it happened.

“NASDAQ long entry, 50 contracts.”

Kang Hyeon finally made his move.

“Entering NASDAQ long. Contracts executed.”

50 contracts were executed instantly.

But this was just the beginning.

“Buy Nvidia, maximum credit limit. 5 billion.”

“Entering Nvidia buy. 10 percent execution complete.”

Contracts were filled quickly.

Since he was buying during a decline, the speed was really fast.

Even during this, Kang Hyeon’s orders continued.

“Maintain maximum credit limit going forward. Buy Microsoft, 5 billion.”

Starting with NASDAQ leading stocks.

“Buy Datalux, 2 billion. Buy Orbit Semicon, 3 billion. Buy Bio Genesis, 4 billion.”

Biotech, cloud, and others.

Purchases continued across companies of various sizes.

Since the amounts were substantial, the deposit was decreasing rapidly.

“Currently operating 80 percent of deposit. Internal risk limit exceeded 70 percent.”

Lim Kwang-ho warned about the risk.

A 70 percent risk level was quite substantial.

“Based on the current leverage, if the index drops just 1 percent more, the maintenance margin will collapse.”

Currently, NASDAQ had recorded a 2.1 percent decline and the S&P 500 was recording a 1.8 percent drop.

If it recorded the same decline rate as yesterday, the worst-case scenario would be created where a margin call would come from the first trade.

‘If a margin call comes from the very first trade, I’ll lose credibility with the broker. Is this okay, Kang Hyeon?’

Losing credibility with a major broker like JP Morgan would cause disruptions in future trades as well.

There was a high possibility that all the unimaginable benefits they provided would be reduced.

There was no way Kang Hyeon didn’t know this fact.

However, Kang Hyeon stood there without taking his eyes off the screen.

His eyes moved rapidly, checking dozens of stocks displayed on the screen.

‘Are there any more stocks to enter? Something I missed?’

He was checking stocks at tremendous speed, looking at which stocks he should enter to achieve high returns.

But not all stocks emitted light.

Among individual stocks, some emitted intense light while others didn’t emit any light at all.

Even among those that emitted light, the intensity varied by stock.

This meant one thing.

‘Even in a bull market, individual stocks rise by different amounts. I need to pick them out properly.’

It’s common to experience situations where the market hits all-time highs but only your stocks don’t rise when trading.

That’s why the most important thing for a trader was picking out the gems among individual stocks.

“Switching NASDAQ chart.”

With Kwangho’s words, the NASDAQ chart was switched.

If they were looking at the bio sector before, this time the platform sector appeared.

Among them, a notable stock came into view.

“Buy 5 billion in Luna Hub Technology.”

“Entering Luna Hub Technology buy order. 30 percent execution complete.”

“90 percent of deposits currently in operation.”

Almost all deposits had been invested.

This was essentially the purchase of the last stock.

Kang Hyeon’s gaze turned to the chart where each index was displayed.

‘All indices are still declining. The VIX rise is getting stronger. The dollar index is still chaotic, and gold and treasury bonds are rising.’

Market participants still viewed the current situation as chaotic, but money was flowing into safe assets for hedging.

‘But to my eyes, it looks like it will rebound soon.’

While no light was visible from VIX, the dollar index, gold, and treasury bonds, the indices were definitely showing red light indicating an upward trend.

Especially the light emanating from NASDAQ was more intense than ever.

That’s why Kang Hyeon had set the weight of NASDAQ individual stocks at 80 percent in his portfolio.

“Internal risk level exceeded 80 percent.”

Then Kwangho’s voice was heard.

An 80 percent risk level meant they should actually prepare for liquidation.

If this weren’t his own company, warnings would have already come from the risk team through internal lines.

But now it was different.

‘This is my company. The money I’m trading is all my money. I take responsibility.’

Because it was his own, he could remain even more unshaken.

“Risk level breaking through 85 percent.”

The risk level was rising increasingly fast.

In other words, it meant the indices were declining.

“89 percent break…!”

“Huh?”

The moment Kwangho was giving a warning, Kim Seong-won shouted as if he had discovered an oasis while walking through a desert.

And Kang Hyeon also spotted that oasis.

“Buying pressure is coming in!”

The decline of each index hesitated, then suddenly buying pressure poured in.

The rapidly falling red candle curled its tail upward and soon changed to a green candle.

“The buying pressure is strong!”

NASDAQ, which had been racing toward minus 3 percent, rose rapidly and instantly climbed to minus 2 percent.

Then Kwangho checked the news and shouted.

“News that Goldwin posted on social media saying ‘We will postpone tariff implementation’!”

The cause of this price reversal had indeed started from Goldwin’s mouth.

He had suddenly declared a trade war on the world, then retracted it saying he would postpone it in just a few days.

It was absurd, but it was possible because it was Goldwin.

“Bloomberg, Reuters, Wall Street Journal, etc. All media outlets are delivering various news as breaking news!”

Media companies also moved swiftly.

As related news spread, the movement of indices became even faster.

“More buying pressure is coming in! Based on 4-hour candles, a long bullish candle is forming!”

A long bullish candle was being formed that not only dominated the previous 4-hour candle but created a size more than twice as large.

This meant one thing.

“The market has reversed!”

It meant the market had changed from bearish to bullish.

“VIX declining, treasury bonds and gold prices are also falling.”

“NASDAQ turning positive!”

NASDAQ, which had started with a decline, switched to an upward trend.

Kang Hyeon checked the positions they had entered.

‘We entered properly at the tail of the candle.’

This could be called an artistic purchase.

‘The profit is…’

The profit rate was rapidly rising on the monitor.

[10.1%]

[10.7%]

Watching the profits rise by the second, Kang Hyeon’s lips curved upward.

‘Good.’

It was when he was clenching his fist in joy over the profits.

“The buying pressure is getting even bigger… Huh? CEO! Nosebleed!!”

Kim Seong-won, who was turning around to report, saw blood flowing from Kang Hyeon’s nose.

At his shout, when he raised his hand to wipe under his nose, blood came off.

“Huh?”

While he was surprised by the unexpected event, Kim Seong-won approached with tissues.

“Here are tissues!”

“Ah, thank you.”

“CEO, are you alright?”

“Yes. I’m fine. I should rest for a moment.”

“Since the market has also turned upward, Seong-won and I will monitor it.”

“If anything happens, please call me immediately.”

“Yes.”

After asking the two to monitor, Kang Hyeon headed to the bathroom.

Whoooosh-!

He turned on the water at the sink and removed the tissues.

The tissues that had been pure white had already turned bright red.

Since this was the first time this had happened, Kang Hyeon couldn’t help but be surprised.

“What is this all of a sudden? Has my body gotten weak?”

While roughly cleaning up, Kang Hyeon guessed the reason for this nosebleed.

‘Could it be a side effect of the ability?’

That was a possibility, but in that case, there was one question.

‘This never happened before.’

The point was that there were no such side effects during the previous tests.

‘If there’s something different from the test… it would be that the number of stocks has greatly increased.’

During the test, he used a tablet PC and laptop, so he couldn’t check many stocks.

At most, he could only keep charts for two stocks open.

But this time was different.

Various indices and stocks too.

The number of charts filling the monitors exceeded ten.

On top of that, individual stock charts changed to other stocks in real-time.

In other words, if the test difficulty was normal mode, now he was playing at hardcore level.

‘Does it mean the more load there is, the more strain it puts on my body?’

But he wasn’t certain yet.

“I should go to the hospital tomorrow.”

His expression became serious at the thought that unexpected limitations might arise.

—————
This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
—————