After the Divorce, I Found a Thousand Bitcoins - Chapter 8
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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 008
Several days had passed since the black light appeared.
“No changes have occurred at all.”
The light had appeared and I observed the market.
But the market flowed as usual.
AI-related stocks were still strong, and the stocks connected by black light also rose in price.
“I don’t know what this means.”
The pattern had changed, making it difficult to understand.
“Let’s register it in the system for now and collect news.”
The assistant program also had a function to automatically collect news.
Since a network environment was essential, there was the inconvenience of having to keep the computer on, but it wasn’t a big deal.
[Collecting information.]
A notification window appeared when registration was complete.
“Let’s take a break from trading for a while. There’s no reason to force trading when there’s something I can’t understand.”
This was a mistake he had made during his beginner days.
Forcibly increasing the number of trades actually increased risk.
Especially when there was something he didn’t understand, the right answer was to stop trading altogether.
“Let’s start preparing for the startup in the meantime.”
There was a lot to prepare to establish a company.
The corporation was being processed at Samil.
Since it was a family office, there were no essential licenses required.
What was needed now was manpower.
“Kwangho agreed to take full charge of the quant program side, so I told him to hire related staff as well.”
What remained were personnel to handle back office, legal, and tax matters.
“Legal and tax can be outsourced to Samil, so what’s left are back office and personnel to assist with trading?”
Back office meant personnel to handle accounting, settlement, and such.
He planned to include personnel to respond to regulations there.
No matter how much he invested with his own capital, regulations would inevitably follow.
And trading assistance was also essential.
“I’ll mostly do the trading alone, but as the funds grow, personnel to assist will be essential too.”
At first, he thought about entrusting it to Kwangho.
But if Kwangho, who would become the manager of the program team, also took on trading assistance, he would have too much work.
“For back office, I can post on sites to look for recruitment, and for trading assistance, should I contact acquaintances?”
Kang Hyeon organized the things he needed to do while pondering how to recruit people.
* * *
Yeouido.
It was the center of Korean finance.
Currently, many companies had spread out to various areas of Seoul like Yeoksam or Jongno.
But still, in public perception, when it came to finance, Yeouido was mentioned.
Yeouido was such a symbolic place.
Recently, one story was circulating in this place.
“Did you hear that story? An employee who recently quit MJ is starting a new company?”
“MJ? Was there anyone who quit recently who was capable enough to go independent from there?”
“I heard he was junior level?”
“What? How can a junior level start a company? Isn’t it a different industry, not an investment company?”
“I found it strange too, so I asked, and it seems like he’s looking for personnel to assist with trading?”
“Where does he have the funds to start a company?”
Rumors spread quickly through people’s mouths.
“Turns out he’s from a wealthy family?”
“No way. I heard there’s talk that he received investment from a foreign investment company.”
“The woman he’s dating is British royalty.”
The rumors that spread through word of mouth were riddled with false information.
But there was some truth among them.
“He made a fortune with Bitcoin.”
However, even the truth was obscured by false information and ended up as just another rumor.
Such rumors soon reached the ears of one man.
“What’s the investment scale supposed to be?”
“I’m not sure exactly, but wouldn’t it be over 10 billion? No matter how much it’s a family office, if he’s starting a company, it should be at least that much.”
“What are you talking about? A family office?”
“Oh, Team Leader Choi.”
At Choi Chang-wook’s question, who was in charge of Team 1 at Cleverus Asset Management, his subordinate continued the explanation.
Interest sparked in Choi Chang-wook’s eyes as he heard the explanation.
“Ah, you don’t need to get up. Rather, about that family office you just mentioned. Could you tell me in detail?”
Kang Hyeon’s existence was gradually becoming known among industry insiders.
* * *
Kang Hyeon was preparing to move while conducting employee interviews.
Finding an apartment he liked was the priority, but thanks to Kim Mi-ju stepping up to help, it was resolved quickly.
“How is it? Isn’t the Han River view directly visible from the living room really wonderful?”
The Han River view he had only heard about was truly artistic.
The panoramic view of the Han River and Seoul Forest visible at a glance felt healing just by looking at it.
“The security is really excellent too. Various celebrities and businesspeople live here, but privacy is well maintained.”
The biggest strength of luxury apartments was privacy.
This place also boasted Korea’s top-level security.
“Plus, you can enjoy cultural life in one stop, so it’s really convenient.”
Everything was to his liking.
“Let’s contract for this place. And please look for one more apartment nearby.”
“One more?”
“Yes. It’s for my mother to stay in. It’s fine if it’s the same apartment or a different place.”
“Oh my, then there’s one more good property available. Shall I show you?”
“Yes, please do.”
So he looked at two properties.
Both were to his liking.
“I’ll contract for them.”
A huge sum of 7 billion was spent on the two apartments combined.
Money really could be spent quickly once you made up your mind to spend it.
But Kang Hyeon didn’t mind.
‘If not now, when else would I get to show filial piety.’
He was doing it because he had the means.
“Oh, CEO. Did you hear that story?”
“What story?”
“About President Jeong Sang-woo who sold you the building.”
“Ah, yes. Is something wrong?”
“They say he sold the building because he lost big money gambling.”
It was something he had somewhat expected.
Now that it was confirmed, he thought gambling was indeed dangerous.
“Thanks to that, his father was in complete chaos.”
“His father?”
“Originally that building was under Jeong Sang-woo’s father’s name before being transferred. He was in complete uproar about selling that building. He even came here demanding to have it returned, throwing every tantrum imaginable.”
“Haha! You must have had a hard time.”
A contract, once stamped, cannot be undone.
“I’ve sent the deposit. Let’s proceed with the contract on the date you mentioned.”
“Thank you so much.”
“Not at all. Well then, take care.”
Kang Hyeon came out of the real estate office and looked up at the sky.
He thought the blue sky spreading out before him was beautiful—something he hadn’t noticed when he was working at a company.
“Nice weather.”
He felt better than ever.
* * *
The office construction proceeded quickly.
Since the 5th floor had originally been used as an office, adding interior work wasn’t difficult.
After purchasing appliances and furniture for the company and spending busy days, a month had already passed.
During that time, Kwangho quit his job and joined the office.
“Wow~ It’s really starting to look proper now.”
“Not bad, right?”
“It’s more than not bad? The system is almost top-tier, and I was surprised that the interior is much better than it looks from outside.”
“The building itself is old, so the exterior is a bit worn.”
“Still, what matters is that it’s your building. Ha! If I had kept holding onto Bitcoin back then, I would’ve bought a building or two by now.”
“But you have an apartment.”
“Tsk, that’s true.”
I chuckled watching Kwangho swallow his regret about Bitcoin.
“Did you set up the company corporation?”
“Yeah, it came through a few days ago. I’m looking into partners now.”
“Which one are you planning to contract with?”
“I’m thinking about Hanbit.”
Hanbit Investment Securities.
It’s one of the top three major securities companies among domestic brokerages.
It was a place where big deals were made, so much so that both of them had once dreamed of getting in there.
“Well, with your capital, you’d be a big client for them too.”
“Plus, when I bought this building, I got acquainted with the Gangnam branch manager of Hanbit Bank. If I talk to him, he’ll connect me, so it should be convenient.”
“I’ve thought this before, but you’re like the perfect example of a J-type.”
“Haha, only when I’m working.”
“What about the global side? Since you recruited me, the company will do direct trading too, right?”
“Yeah. I’m thinking IBKR for that. That would be most convenient for us.”
Interactive Brokers was one of the most convenient broker companies for traders.
Large-scale stock trading or futures and foreign currency trading using leverage could only be done properly through such brokers.
“Wow, Hanbit and IBKR as partners for a company that’s just starting up. When this news spreads, Yeouido will be in an uproar again.”
“Has the rumor already spread?”
“Ah, you wouldn’t have heard since you left the industry. Recently, Yeouido has been buzzing because of you. One of the employees who suddenly quit MJ established a family office, so it’s understandable.”
It was somewhat expected.
I had contacted acquaintances to find staff to help with trading.
It was obvious that rumors would spread through some of their mouths.
‘Well, it doesn’t matter.’
It’s not like I did anything illegal.
More importantly, I didn’t care anymore whether others talked or not.
Because I knew they couldn’t affect my life.
What mattered now was what I would do going forward.
“Oh, take this.”
Kang Hyeon took out a business card from his jacket and handed it to Kwangho.
“What’s this?”
Kwangho took the business card and examined it carefully.
He noticed the luxurious paper and clean design.
[KH Capital]
[Lim Kwang-ho]
[Head of Quant Systems]
Confirming it was his own business card, Kwangho’s lips curved upward.
“Wow, I’m finally getting a Head title too.”
“Please take care of me from now on.”
“Likewise.”
The two friends shook hands.
* * *
While the office work was reaching its final stages, Kang Hyeon came out for a meeting with Hanbit Investment Securities.
“I’m Team Leader Han Chae-kyeong in charge of the VIP team. It’s an honor to meet a VIP client like you today.”
The woman who introduced herself as Han Chae-kyeong was a young woman who appeared to be in her early thirties.
After shaking hands with her, who clearly gave off a career woman vibe, others continued with their introductions.
‘Quite a lot of people came out just to deal with me.’
They were all experts in their respective fields, and the meeting with them proceeded quickly.
“If you choose Hanbit, we promise to provide the best service. As you know, Hanbit’s system can provide you with the fastest and safest trading.”
Hanbit’s advantages were clear.
As the largest securities company in Korea, the system they provided was top-level.
“And when you need loans, we’ll provide affordable products through special interest rates.”
They quickly appealed their advantages.
Actually, I already knew about these things.
And coming to this meeting was already a decision I had made in my mind.
‘There’s no broker in Korea like Hanbit.’
After hearing all the explanations, Kang Hyeon decided.
“Please take care of me from now on.”
“We’ll do our best.”
Thus, Hanbit was decided as the domestic broker.
* * *
The day before the office opening, Kang Hyeon visited the office.
“Hey, you’re here?”
“What? Why are you here?”
Kwangho was already in the office.
He was sitting at the desk that would be his seat, working on something.
When I approached and looked at the monitor, I could see he was programming.
“I have a tool I’m developing, so I was working on improvements.”
“You’re starting work tomorrow anyway. Why don’t you spend some time with A-yeon?”
“We’ve been together for almost a month. Let me enjoy some freedom too.”
“Oh please! The guy who’s happy to be together every day is talking about freedom.”
“Hey, do you know the struggles of a married man?”
“I was a married man until recently too, you know?”
“Now you’re single. A rich single at that.”
I chuckled at Kwangho’s words.
Being with this guy always made me comfortable because I could laugh.
“But why did you come?”
“Today’s the day I deposit money to the broker. Somehow it feels better to do this kind of thing at the office rather than at home, you know?”
“Really? You could just click at home.”
“Seriously, you have no sense of romance. Romance.”
“Romance my ass. How much are you going to sell?”
“I’m planning to sell 300.”
“Hey hey, then wait. Let me take some profit on mine before you dump yours.”
“Isn’t that insider trading?”
“If I cared about that stuff, I wouldn’t be working at a Family Office.”
Since Family Offices handle private funds, they weren’t subject to financial regulatory oversight.
So what Kwangho was doing wasn’t problematic either.
“It’ll drop a little then go back up anyway. Why bother selling?”
“Ever since I cleared those 500 coins, I only do short-term trades. This is enough for me.”
“Do whatever you want.”
Saying that, Kang Hyeon pulled over a chair, sat down, and logged into the Exchange.
Since he had already sent them from his cold wallet, 300 bitcoins had already arrived at the Exchange.
[Portfolio Value: 55,688,826,900 won]
Seeing the 55 billion won balance put his mind at ease.
“Are you done clearing out?”
At Kang Hyeon’s question, Kwangho tapped the screen a few times then clenched his fist.
“Okay! Made 5 percent. You can sell now!”
It was when he was looking back at the screen, smiling at his friend’s joy.
“Hm?”
A blue light was emanating from Bitcoin.
That light gradually intensified, then soon changed to black.
And the black light spread out like a net, connecting to other coins.
‘This is…’
It was the same form as the black light he had seen in the trading assist prototype he got from Kwangho.
‘It definitely glowed blue at first. That means one thing. A decline.’
And it glowed very intensely at that.
More intensely than the blue light that had shone from Jeong Sang-woo’s body.
‘Jeong Sang-woo ended up like that from gambling in just a few days with that level of light…’
What would happen with light more intense than that?
‘End of Bitcoin season? That’s what I can predict. If Bitcoin’s season ends, other coins will crash in connection too.’
Bitcoin had repeated cycles of major rises and major falls.
Coin traders called these price fluctuations seasons.
The end of a season meant a crash in coins.
When Bitcoin, the leading coin, falls, other coins naturally decline as well.
When his thoughts reached that point, he could guess what the black net of light meant.
“When you sell your coins, if the price fluctuates a bit, I’ll have to buy back in.”
At Kwangho’s words, Kang Hyeon spoke firmly.
“Absolutely don’t buy.”
“Huh? What are you suddenly saying? And why is your expression so serious?”
“Don’t buy Bitcoin for a while. Got it?”
“Geez, you should at least explain why.”
To Kwangho who asked as if frustrated, Kang Hyeon placed his order while speaking—no, prophesying.
“Coins, I think the season’s about to end.”
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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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