After the Divorce, I Found a Thousand Bitcoins - Chapter 5
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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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I Got Divorced and Found a Thousand Bitcoins Episode 005
The stock market was a battlefield without gunfire.
‘The price is starting to fall.’
Like a real battlefield, attacks and defenses were exchanged.
During market hours, prices would rise, fall, and rise again repeatedly.
Occasionally when prices fluctuated dramatically, news would come out shortly after.
[AI bubble theory sweeping through Wall Street, AI-related stocks fall across the board]
Sometimes news would shake the entire stock market.
[Nvidia CEO Donald Hwang. In a media interview, his statement “This year’s Nvidia performance will be the best ever” caused stocks to rise across the board.]
Sometimes someone’s words would shake the stock market.
Amid these ongoing battles.
People watching charts had dry lips and cold sweat running down their heads.
‘Should I hold on? Or should I sell here? What should I do?’
‘Damn… it’s fluctuating too much up and down today?’
Especially Day Traders who settled their trades within a day had their emotions going up and down.
But Kang Hyeon was different.
“So the price increase was because of Donald Hwang.”
He was leisurely drinking coffee while looking at the chart on his tablet PC placed on the island countertop.
It was a composure he couldn’t find before.
“When I worked at the Company, I lived with dry eyes from watching charts. This feels quite relaxed.”
There was one reason he could have this composure.
“The price will go up.”
The red light visible only to his eyes.
It was telling him that Neuroadine Technology’s closing price would end with an increase.
“If I’m wrong, I can just prepare again.”
In the past, he often made investments where failure meant the end.
But now he had sufficient funds to try again even if he failed.
That’s why he could watch with composure.
Time passed quickly and it was almost dawn.
[The market has closed.]
An alarm appeared saying the market had closed.
And.
[NDT : 39.43 +2.42%]
[Previous day : 38.5]
The active buying and selling battle ended with Neuroadine Technology closing higher as large buying orders came in at the end of the session.
“I won.”
Kang Hyeon, who rode this buying wave, won his first individual trade after quitting his job.
[Return rate : 2.65%]
[Unrealized P&L : 79,500,000 won]
[Market value : 3,079,500,000 won]
Thanks to split buying when the market opened, his return rate was 2.65 percent.
He made about 0.2 percent more profit than today’s rise rate.
With a large seed money, he made 80 million won profit in one day.
He earned an average office worker’s annual salary in one night.
But there was an even greater gain.
“It works properly in real trading too.”
His heart was pounding.
He was rather calm when trading.
But his heart was pounding after the trading ended – it was strange.
It wasn’t incomprehensible.
It was such a big event after all.
“I can do it.”
Kang Hyeon, who gained confidence again, clenched his fist.
* * *
Since starting to make investing his profession, investing was stress itself for Kang Hyeon.
Especially after falling into a slump, he would hyperventilate even making a single trade.
That investing had become enjoyable.
Click!
[Sold.]
With the click, his position was closed.
Two weeks had passed since he started testing in earnest with trading.
10 days counting only trading days.
Today marked the 10th time he opened and closed a position.
The results were amazing.
[Return rate : 35.8%]
[Cash balance : 4,074,000,000 won]
Out of ten trades, he never incurred a loss.
An average daily profit of 3.1 percent occurred.
35.8 percent compared to the initial 3 billion.
A whopping 1.074 billion won profit was generated.
“I made an incredible profit. If I had made this at the Company, would my incentive have been a little over 100 million won?”
But all the profit he made this time was his own.
Kang Hyeon habitually opened his trading journal.
Review was the most important thing for a trader.
Even when working at the Company, he would review the week’s trades through his trading journal on weekends.
To identify and correct whether there were any mistakes and whether strategies worked properly.
That hadn’t changed even now that he became an individual trader.
“Hmm.”
Then Kang Hyeon caught something strange.
“Most of the stocks I traded in the past ten days were AI-related stocks. The ones that showed strength were cloud server related.”
If it were the Company, information would have come through the research center.
But from Kang Hyeon’s position trading individually, he had to catch and find these aspects himself.
“I need to open a company soon. When Kwangho joins in earnest, this kind of research will be processed quickly too.”
Even while complaining, he didn’t stop his review.
“Hmm, the weak side is companies that provide actual services with AI models? Well, when I worked at the Company, there was research saying service companies were overvalued internally.”
AI had rapidly permeated modern society.
As such, the AI industry was evaluated as a source of income that changed not only the future but also the present, and naturally valuations rose.
Nvidia’s market cap, which almost monopolized AI semiconductors, ranked first on NASDAQ and semiconductors entered a super cycle.
The market grew every day and people who invested in related industries accumulated wealth.
“Something similar happened in the past too.”
Pessimists compared this market atmosphere to the dot-com bubble that occurred in the 2000s.
They viewed the development of the internet and AI development similarly and believed history would repeat itself.
“I don’t know if the bubble is real or not, but if the day comes when the market collapses due to a bubble, it’s an opportunity for me.”
When bubbles burst, it wasn’t just victims that were created.
It brought enormous wealth to those who invested with foresight in that difficult market.
The most publicly known example was Michael Burry who predicted the big short during the Lehman Brothers crisis.
“I need to find correlations and look into it in detail.”
* * *
Using the weekend, Kang Hyeon visited a real estate office.
Ding-!
“Welcome, how may I help you?”
“I’m Choi Kang-hyeon, the one who contacted you.”
“Ah, you’re the president looking for an office? I’ve been waiting for you. You’re younger than I expected?”
Kim Mi-ju, the president of Mirae Real Estate, was somewhat surprised to see the young Kang Hyeon.
‘Is he from a wealthy family? He said he was looking at investment company offices, so I thought he’d be older.’
Kang Hyeon’s youthful appearance was a fresh shock compared to what she had expected during their initial phone consultation.
However, she didn’t show this outwardly.
“Well then, shall we move in my car? I’ve selected some good properties.”
“Yes, understood.”
Kang Hyeon moved to Yeoksam-dong under Kim Mi-ju’s guidance.
When it comes to finance in Korea, Yeouido is the first place that comes to mind, but many funds and small investment companies are also located in Yeoksam.
The first place they visited was on the 8th floor of a Financial Office with a good view and close to the station.
“The investment company that used this place made big money and moved elsewhere, so the location has good fortune, good fortune.”
Half right, half wrong.
The company that used this place was indeed an investment company.
But they didn’t move because they made money – the CEO disappeared after being caught embezzling.
“Let’s look at other places.”
“Ah, yes.”
They looked at several properties like that.
There were some places that were somewhat appealing and quite a few that weren’t suitable at all.
‘There are slight differences depending on the area, but on average, the monthly rent is about 5 million won.’
This matched somewhat with the market research he had conducted beforehand.
Since he didn’t plan to start big from the beginning, the office cost itself wasn’t significant.
While he was pondering this, Kim Mi-ju asked.
“If you’re concerned about the monthly rent, Seongsu-dong area would be good to look at too. Shall I show you some properties there as well?”
Kim Mi-ju made her own judgment that Kang Hyeon was hesitating because the monthly rent was expensive.
That wasn’t actually the case, but looking at the Seongsu-dong area didn’t seem particularly bad either.
“Yes, please show me that area too.”
The two got in the car and moved to Seongsu-dong.
“Seongsu is hot these days, so the core areas have become filled with young people. But the outskirt areas still don’t have much foot traffic, so they’re quiet and good for office use.”
“I see.”
Her words were correct.
Upon arriving at the outskirt area of Seongsu-dong, the scenery of a still quiet old downtown unfolded.
‘There are places like this in Seoul too.’
He liked the tranquil scenery.
“This is the building. The exterior is a bit aged, but the interior has been remodeled and turned out well. Most importantly, the management fees here are much cheaper than Gangnam or Yeoksam areas.”
Kim Mi-ju mentioned the price advantage.
Was that why?
‘He’s staring intently at the building. So he was hesitating because of the price after all?’
To Kang Hyeon who was looking up at the building, she continued with supplementary explanations about the building.
“The currently vacant space is on the 5th floor. There’s also a cafe on the 1st floor, so you can buy a cup of coffee every morning when you come to work and go up…”
“How much is this place?”
“Ah, here it’s 30 million deposit and 3.5 million monthly rent. If you increase the deposit…”
“No. Not monthly rent.”
“Pardon?”
It wasn’t common to lease an office with jeonse.
Since most are rented monthly, Kim Mi-ju looked at Kang Hyeon with a face asking what he was talking about.
Kang Hyeon looked at Kim Mi-ju and said.
“I want to purchase the building.”
Kim Mi-ju’s eyes widened.
* * *
When he first saw the building.
‘What?’
Kang Hyeon doubted his own eyes.
The building was glowing red as if a fire had broken out.
‘Why is this glowing red? And this light is more intense than the light that came from Kwangho.’
It was the most intense among all the lights he had seen so far.
He now knew well what that meant.
‘It means the building’s value will rise.’
Stocks that emit red light go up in price.
While he couldn’t say definitively about people yet, considering that stock values rise, people’s value would likely increase as well.
Buildings likely worked with the same mechanism.
‘Let’s purchase this building.’
His deliberation wasn’t long.
First, he needed to check the market price.
“Uh… you want to purchase this building?”
“Yes. Could you check if the building owner has any intention to sell?”
“That’s possible. But do you know how much this building’s market price is? The market price around here is cheaper than Yeonmujang-gil area, but it’s still over 10 billion.”
10 billion.
It would have been an unimaginable price before, but not now.
“Yes, the price is fine. I think it would be good if you could first check the owner’s intention.”
At Kang Hyeon’s unwavering attitude, Kim Mi-ju instinctively realized her thoughts were wrong.
‘He wasn’t hesitating about the office contract because of lack of money, but just because he didn’t like it?’
Kim Mi-ju, who judged that she had misjudged the person, hurriedly took out her smartphone.
“Then wait just a moment. I’ll quickly contact the owner.”
While watching Kim Mi-ju distance herself for the phone call, Kang Hyeon kept his eyes on the building.
‘Since I suddenly expressed purchase intention, I might have to pay extra. She said the market price around here is 10 billion, so should I pay about 5 billion more?’
While he was estimating the price like that, a change occurred in the building before his eyes.
“Huh?”
The red light of the building, which had been glowing red like a deep sunset just moments ago, had become lighter.
Seeing this, one thought flashed through Kang Hyeon’s mind.
‘Is it showing me how much profit I can make?’
The way to confirm this was simple.
’14 billion?’
The color became slightly deeper.
But compared to the beginning, the difference was clear.
’13 billion?’
The color became deeper.
’12 billion.’
Finally, the entire building was dyed like the red light of sunset, just like in the beginning.
‘This must be the appropriate price? I can manage it by settling some profits from day trading and liquidating some coins.’
When he reached that conclusion, Kim Mi-ju approached.
“I contacted the owner. He’s currently overseas so it’s difficult right now, and he’ll return in about a week, so he suggests we schedule another appointment then. Is that okay with you?”
“Of course. Then let’s schedule another appointment.”
After answering that, Kang Hyeon looked up at the building again.
His first building and what could become the start of his company was still glowing with red light.
‘If this ability is correct, this building’s value will rise significantly.’
From stocks to people and now to buildings.
Many things were still a mystery, but Kang Hyeon decided not to worry about it.
‘There’s no reason to hesitate.’
It didn’t matter even if it wasn’t his area of expertise.
With this ability, he wasn’t afraid of new challenges either.
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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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