Chapter 68

My empire. Stock markets in Korea, Europe, and the United States skyrocketed. The Dow Jones and Nasdaq rose more than 7% in one day. ―You’re crazy, Kim Shin. -light. He is just light. ―Has anyone followed Kim Shin and invested? └ I have. Pretending to be deceived and following 3 million people. └Chehe… … I made money. └ It’s too bad. I will invest more. Over the past two months, Kkora Park has earned over 3,000. ―Stock experts go up and down every day, but it doesn’t work. Non-professional Kim Shin is using tweezers. ―In the stock market, a person who has made money is an expert. Shin Kim is the best expert in Korea. -Give me your home address. Where do you call the teacher’s name carelessly??? ―Let’s call it Choi Min-hyung. I am in my 40s.In society, the person who earns money is the older brother. ―ㅇㅇㅇ On the stock bulletin board, there was a lot of praise for me. Brother, representative, teacher, light, god. Isn’t it because the stocks recommended by stock experts have been dying like this all along? I gave up watching the comments on the video on YouTube because my face was burning with blatant praise. “It seems that your investment has been successful.” “Success? Not yet.” I shook my head lightly at PD Seong Ho-jin’s words. I was doing YouTube filming again in my spare time. People’s attention is sometimes burdensome, but it’s important for Dream Art Rainbow’s business. Reputation and recognition are soon exerted by influence. According to Vice President Jeong Beom-tae, acquisitions and investments by content companies are proceeding smoothly. To be honest, I don’t care about the Korean business, but I was fortunate that I was able to settle down on my own. “Are you aiming for a higher rate of return than now?” “I’m looking at a three or six-month period rather than a short-term rate of return.” Few people can match tomorrow’s share price. I had a hunch that after three or six months, the stock price would be higher than it is now. The feeling is that the stock price will rise if the condition is that Corona calms down and the Fed releases a huge amount of money. I climbed a lot in a short while. There’s no need to be in a hurry.’ I decided to be patient and wait patiently. By the way…. 〈New York stock market, bullish for the second day! Has COVID-19 lost its momentum?＞ 〈Goldman Sachs, Stock Market Confirming Bottom Soon〉 〈President of the United States will provide additional support to the people. On the second day, the New York stock market rose sharply from the start, and ended with a 0.12% drop in the second half. ＜US, 380,000 confirmed cases. death toll＞ 〈4,759 Corona deaths in New York State〉 〈Governor of New York, 731 deaths per day〉 〈Staying bodies in freezers due to lack of New York morgues〉 It was because of the bad news that came out one after another. I felt that I was going through a dark tunnel. ‘I didn’t have to be happy just because the stock price went up.’ Wouldn’t there be a limit to the rise of the stock price until the coronavirus calms down to some extent? Many people were dying in New York. There must be far more uncounted victims in other countries than in the developed United States. and… … . 〈Corona calming expectations, US stock market Dow soars more than 700 points〉 〈New York stock market rises more than 3%〉 〈Bernie Sanders Resignation, Relief Rally Continues〉 The New York stock market continues to fluctuate. If it went down one day, it jumped higher the next day. 〈Buffett, investing in consumer goods companies〉 Warren Buffett, one of the world’s best investors, started investing in consumer goods and financial companies. “Be vigilant when everyone is greedy, be greedy when everyone is terrified.” It was a quote from Warren Buffett. Warren Buffett is widely known for investing in companies with stable sales, profits, and technology. The fact that he left such a quote is proof that he has tremendous experience and insight in the international financial market. ‘It’s a word that has completely penetrated the coin or stock market in recent years.’ The decision to invest in fear was certainly correct. I had no regrets. I was watching the news in the living room, and Lee Jong-yeop brought toast and coffee. “Older brother.” “Yes?” “The stock price is rising just as my older brother said.” “I mean.” I didn’t expect such a quick response. To be honest, I felt good even though I thought I was lucky. Earth Resources’ business model was indeed fraudulent. Receive funds from companies and research institutes in the field of computation, and actual expenditure is made with the source coins. It is like receiving cash and paying source coins to users who do not know when they will do it. “The grid network is in full swing.” “Yes. How are things?” “More than 95% of miners allow grids.” I went to work and had a conversation with Eddie. The full application of the grid system which can be key to computing and cloud systems. It is Source Coin that pays while increasing business value. The issued source coin is regarded as a debt, but it is the same as distributing a promissory note with an unspecified repayment period. Since it naturally does what evil companies do, profitability will inevitably be high. Shopping mall sales are exploding. Although shipments to Korea are increasing, mainly for electronic products, sales in the US have increased by a factor of 12 compared to last week.” It was the report of Ellison, who was in charge of the shopping mall division. “As the CEO said, increasing sales of masks and daily necessities while staying at home is seeing great results.” I spent a lot of time on the Internet while staying at home in New York. The product composition of the shopping mall was made by referring to the time when Corona first spread in Korea. Here, Osong Leons and Yoo Seok-tae, presidents, played a very large role. ―Kim Shin: Do you have masks, anti-inflammatory painkillers, etc. in Korea? ―President Yoo Seok-tae: Huh? I need? -Kim Shin: Yes. A lot. I am thinking of exporting it to the US. ―President Yoo Seok-tae: Haha. Great. Our company produces masks. -Kim Shin: Wow. Do you even produce masks? Leon’s, which was a good company, did not get caught up in management difficulties for nothing. It is because of the existence of the president who is dedicated to expansion, octopus foot expansion. ―President Yoo Seok-tae: Yes! Since the coronavirus spread in China, the production of masks has been encouraged. ―President Yoo Seok-tae: If the price of this production machine is 5,000, buy it. The mask manufacturing process is not complicated. I wanted it right. ―Kim Shin: How many machines do you run? ―President Yoo Seok-tae: I started in my 30s at first. The force that throws away 1.5 billion right away. Doing business in the US can make you numb to money, but considering the size of Leon’s company, it was a large sum. ―Kim Shin: … … What about now? ―President Yoo Seok-tae: They sold very well after producing masks. Each machine prints 30,000 sheets a day, so I filled 100 because I wanted this. -Kim Shin: You are amazing. Really. ―Kim Shin: How much is the margin? ―President Yoo Seok-tae: Currently, the Public Procurement Service purchases more than 80%. We start early and make it for 450 won. I bought it for 1,000 won from the Public Procurement Service. ―Kim Shin: It’s like printing money. ―President Yoo Seok-tae: That’s right. Haha. That’s just how it feels. So you’re making a lot of money. It’s great to be able to give bonuses to employees after a long time. Regarding the management of Leons, I thought again that it was good to leave it to President Yoo Seok-tae. ―Kim Shin: Then, can exports of masks and painkillers go well? ―President Yoo Seok-tae: Until last month, masks were in short supply in Korea. So, exports are completely suspended. -Kim Shin: Ah. Okay. ―President Yoo Seok-tae: But the production volume increased quickly. I feel a bit left behind from the set. I think it will be allowed soon. ―President Yoo Seok-tae: If you need it right away, is it okay to use a mask from a Chinese company? -Kim Shin: It’s good. I’m in no position to cover it up. With the help of CEO Yoo Seok-tae, they have imported a large number of masks from Chinese companies by cargo plane. It is said that the jokjok that is put on at the shopping mall is sold out, and consoles and various games are sold well as a bonus. “Thanks to the CEO’s judgment.” “You’re welcome.” When I received business reports from Earth Resources, I could see that cash piled up quickly. Computation and cloud accounted for almost all of the sales, and shopping malls accounted for about 20% of the revenue. In-house funds were eventually used to acquire game companies, other shopping malls, and local markets. The bank interest rate was very low, and there was no answer other than acquisition to keep up with the expansion speed of Earth Resources. Coin Exchange. On Earth Resource’s homepage, it is possible to trade for other coins to activate Source Coin. At first, there was only a weak response. Everyone thought that the price of Source Coin would rise, but there was no one to sell it. However, the situation changed when 18 million Source Coins were issued per day. -I need money right now… I need to sell some source coins. ―The source coin market price is about 6 to 7 dollars. – Trade on the website. the fastest Source Coin is traded with other coins and sold again to earn a profit at the market price. Miners in Korea or those obtained through mileage at shopping malls. In this way, he made quite a good profit. I even got the nickname of the savior of Korean PC rooms. As someone who once worked part-time at a PC room, I felt proud. Eddie suggested. “Why don’t you let me buy or sell Source Coins with just money?” “With money?” “Yes. It’s inconvenient to trade between coins.” Is there a need to exchange source coins for other coins? If you don’t want to hold the coin, you have to do a double transaction. From the standpoint of Source Coin holders, of course, they had to endure inconvenience. “That’s right. Let’s support them.” A feature on the homepage made it possible to buy source coins with dollars. The results were truly explosive. The price of Source Coin rose to $10 at once, and the overall coin trading volume jumped more than four to five times every day. Various coins were being traded, and the number of visitors to the homepage was increasing exponentially. The resulting traffic was, of course, a concern. “Eddie, is there any problem with the homepage function support? Are you not burdened?” “We are in the cloud business. Even if the traffic increases 100 times than now, there will be no problems with speed or functionality.” 18 million source coins. Many other major coins were released in 100 billion units, so the supply was always in short supply. Nevertheless, it played a role in holding the center within the exchange and acting as a standard currency. And two days later. “Kim Shin. Do you know what the coin exchange’s profit is today?” “How much?” “One million dollars.” “… … .” The function that was simply supported on the homepage made a lot of cash. It is said that the profit of the coin exchange in Korea is 10 million dollars a day. There was a time when the concept of numbers became dull while doing business and investing. There are many companies that make good money. Eddie smiled and said. “There are a lot of transactions with Koreans.” “Because there are many Koreans who have Source Coins.” Reputation has driven Sourcecoin’s success. Maybe I am the one who has had the greatest success through YouTube. “Yes. And it’s mostly Americans who buy with dollars. Koreans buy or sell other coins, and Source Coin serves as a stable coin.” A stablecoin with a stable price. There is no doubt that it is an environment conducive to coin trading in many ways. “Eddie, this should be enough to create a coin division.” “Yes. Considering the growth rate, I think that would be correct.” Computation, cloud, shopping mall, and game. Here, we decided to add a coin division that can be immediately made into money. I had to recruit a large number of employees in related fields, but it was fun. It was fun to create my empire by giving salaries to employees.