Dog E?

“Cryptocurrency? What is it?”

Yoosung tilted his head.

The concept of cryptocurrency was not yet widely known to the general public.

Moreover, it was even more unfamiliar to Yoosung, who was not very interested in stocks.

Eugene gave a rough overview of Bitcoin and other types of cryptocurrencies.

“I think you’ve heard of Bitcoin. But how many kinds were there?”

“uh. Countless cryptocurrencies are still being developed.”

“But if you buy it, does it make money like stocks? It’s of no value, and no one guarantees it?”

This is a common reaction you might get when you first hear about cryptocurrencies.

“Why is there no one to guarantee?”

“Who will guarantee you?”

“People who invest there. Don’t make fun of people’s desires.”

“What. I don’t know, I know. Anyway, I’ll do what I tell you. So you’re saying you can just buy bitcoin?”

“Bitcoin should also be bought, but the prospects for other types of coins are not bad.”

Bitcoin can expect a return of roughly 60 to 70 times over the next two years.

And after a brief period of stagnation, it rises again.

So, buying Bitcoin is a natural thing to do.

But at the same time, Eugene knew that there were a lot of coins that were still cheap, besides the already high bitcoin.

“Bitcoin can be bought on exchanges.”

Eugene turned on the laptop and explained about the coin exchange.

“Mostly, I trade mainly with Bitcoin, and depending on the exchange, I add other coins.”

In the case of coins other than Bitcoin, depending on the exchange, only a few are handled, so if there is a coin you want, you have to find a place to trade.

“So, for the time being, you should learn a bit about cryptocurrencies.”

“okay. what do you do?”

“Oh yeah. Do you speak English?”

Eugene was full of thoughts of pampering his younger brother.

“uh? Well… I studied TOEIC for a while…”

Yoosung smiled brightly with an expression of not being confident.

“Then let’s study English for a while.”

“Is that so?”

Eugene asked questions and found someone who could tutor her in English.

I didn’t want to stay in LA all the time, so it was difficult to attend academy.

“Would you like a female English teacher?”

“Of course!”

Yoosung answered with a bright face, dreaming of a romance with a beautiful tutor.

“Ah… it’s not like this…”

Seeing his younger brother’s expression of disappointment after meeting his tutor for the first time, Eugene chuckled and laughed.

Isn’t it natural for a competent teacher to have many years of experience?

The teacher that Eugene paid a high price for her younger brother was a strict-looking woman who was now in her 50s.

Well, I guess I didn’t really think that a romance with a beautiful tutor would happen, so let’s just ignore it.

That’s how Yoosung’s life in LA began.

When I wake up in the morning, I go down to the hotel gym, work hard, eat breakfast with my brother, and study cryptocurrency online.

After lunch, the English teacher came and studied intensively for half a day.

Whether he was going to pay for the money he had received, the teacher did not waste even a moment’s time, cultivating meteorism.

Even after that, when he returned home, he showed his willingness to give him another handful of homework.

After dinner, I iron again and look into cryptocurrencies.

In the meantime, I took out my camera from time to time and practiced portrait photography using my older brother as a model.

“What do you think? Is it worth it?”

“It’s the first time I’ve been living so hard since high school. I feel that I am faithful to my life.”

It was a very tight life, but there seems to be no complaints.

It’s partly because he’s a decent guy, and maybe it’s because he’s got poison from what he’s been through recently.

Eugene thought that the most fortunate thing for her to return to the past was the fact that she could get rid of that unhappy time not only from her brother but also from other family members.

A little bit of poison is fine.

The hostility towards Daeyang Heavy Industries is not bad.

In the past life, Yooseong’s poison has gone too far, even destructive.

But this time it won’t happen.

Thanks to having a good brother, I plan to do everything I want to do, and let him have everything he wants.

So now you can do something like this.

“Did you know a lot about coins?”

A few days passed, and Eugene asked as if passing by.

“There are quite a few types of coins. Litecoin, Ripple, Dash…”

After working hard to find out, Yoosung became quite savvy about Coins.

“Factom. bit share. Peer. waiby. Morena…”

Even Eugene takes out various coins that he has never heard of.

“Obviously, seeing the price of bitcoin so high, it seems likely that other coins will follow suit. But conversely, Bitcoin and other coins may not be able to maintain their current price and may plummet.”

“right. Very uncertain. So, if you have extra money, I don’t think it would be a bad idea to bury it. A small amount of money can turn into a lot of money when it starts as small as a few cents like Bitcoin and turns into a few hundred dollars.”

“To do. He doesn’t have a lot of extra money.”

“But do you have any money in your savings?”

“money? there’s only a little flaw. Buying cameras and accessories and stuff like that.”

“It doesn’t really matter. You still have a million won, don’t you?”

“A lot more than that. why?”

“First, buy a coin with it. I don’t know how much it is, but I think I’ll spend it all until the winnings come in and buy this and that.”

you have to do something Right now, it’s more like practice.

“If it’s your brother’s point of view, then I know.”

“What are you planning to buy?”

“Well. I think Litecoin is promising.”

The choice of Yoosung is Litecoin.

“It was about $10 now. But seeing the price drop makes me a little scared…”

Even in the future, the price of altcoins follows the price of Bitcoin to a large extent.

And after peaking at $1,150 at the end of last year, Bitcoin fell to $400 in May of this year.

At the beginning of this year, a large amount of bitcoins were hacked on an exchange called Mount Gox, which had a significant impact.

So, it was natural that the price of Litecoin, which was supposed to take the place of silver after Bitcoin, would also decrease.

by the way······.

If Litecoin was $10 at that time, it was not cheap at all…

But Eugene had no intention of stopping it.

It’s not like I’m putting a lot of money into it anyway. It will also be a good experience to experience the crash once more.

Moreover, considering the big bull market that is to come in two years, it is not funny that it falls slightly.

“Or the coin called Ripple has plummeted a lot without being priced that high.”

“okay?”

“But from $0.05 at the end of last year to $0.004 at the end of last year, it dropped to 1/10. Can it go up again?”

“That’s what nobody knows. I don’t know, so it’s called speculation.”

Naturally, he took the silliness and said, but Eugene, who knows that the slump will rise to the point where it seems ridiculous at any time, thought that he should buy Ripple as well.

“And there are some funny cryptocurrencies. Dog E? toge? I don’t know what to read. It’s a coin made to ridicule cryptocurrency. But why invest in something like a joke when the issuance quantity is also infinite? At the beginning of this year, it went up tenfold, and then it keeps slipping.”

“It would be better to read it like a doji rather than a dogie. Anyway, nobody knows about the future of cryptocurrencies, so it just goes up and down when an issue arises. In fact, all cryptocurrencies might be a joke.”

“okay. I think it’s good if it goes up as hyung said, or if it’s not, I just put money in it lightly.”

“Don’t forget to buy a coin that sounds like a joke. Because nobody really knows.”

It takes quite a while to recover Dogecoin, but it doesn’t matter.

“If it’s 0.0003 dollars… it’s 0.3 won in Korean money. If you buy a million, it’s 300,000 won. And yet, it’s trading close to $200,000 a day.”

A $0.0003 dollar bill will surge 2,000 times as much as a single word from a wealthy government official.

If you put a million won here now, it will turn into 2 billion won.

“Ethereum is also pretty hot. But it’s just under development, so I don’t know how it will turn out.”

A few years later, Ethereum, holding the second place after Bitcoin, was only in its infancy.

“Ethereum can be purchased here.”

Yoosung opened an Ethereum sales page.

Ethereum has not yet been listed on the exchange and is sold through its own crowdsale.

“Doesn’t it look like the sale hasn’t started yet?”

The website says that it will be sold from the end of July.

Thinking that it would be quite sensible to see that his younger brother had even found something like this, Eugene asked, pretending not to know.

“uh. It’s not long, but it’s already quite popular in the coin-related community.”

After talking about the coin once, Yoosung was able to pick out the future foods well.

The brothers secretly started to buy coins with their own funds.

Even the information about the coin Eugene remembers is much more valuable than the Mega Millions that he just won.

It wasn’t just $200 million, it was an opportunity to get enough capital to hear the sound of a chaebol.

From that day on, the brothers started buying coins with their own funds.

It’s still not enough to call it an investment. It’s almost like practice.

“Will this altcoin really shine like Bitcoin someday?”

While collecting coins as instructed, Yooseong still had doubts.

“perhaps. And I think the chances are very high. Interest in cryptocurrencies is growing. And as more people make money with these cryptocurrencies, the interest will grow. The more interest, the higher the value will be.”

“Then will there ever come a day when cryptocurrencies will really be used in place of real money?”

“That is an entirely different matter. What people are interested in is whether they make money by investing here, but this is absolutely not money. It’s just a gambling tool disguised as money.”

“ah! It is also difficult. In fact, if you really buy it and make money, it doesn’t matter if it’s real money or not. So how high will it go?”

“Well? that no one knows It will be different depending on the coin. Still, if you make a guess, some coins will rise tens of times, and others may rise a thousand times or more, following the path of Bitcoin.”

“I would really like that. Wouldn’t it be a big fortune in a few years if you buy just 1 million won worth of money? It’s like buying lottery tickets in bulk.”

Eugene thought that his brother’s words were not so wrong.

Should we just call it an instant lottery ticket with a bad print and win every scratch?

That’s just the difference between 100x and 1000x.

Even though it’s a minor issue that it takes two years from scratching the lottery ticket to confirming the winnings.

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