King of the Wilderness-Chapter 106 - 102: Selling Bitcoin and a New Investment
Before returning to China, Lin Yu’an decisively sold off all his Bitcoins at the high point of $50,000.
Initially, when Bitcoin was priced at $20,000, Lin Yu’an boldly invested $900,000.
Now, as the price soared to the peak of $50,000, he emptied all his holdings without hesitation.
The total amount of $2,250,000 in his account made him feel ecstatic; it was like finding free money!
But it was still a bit heartbreaking! The substantial profit generated from this transaction, after deducting the nearly $400,000 of capital gains tax from the Federation and Montana.
What he could eventually hold in his hands was over $1,860,000 in cash.
The $400,000 tax is enough to make many people heartbroken for a long time.
That evening, Lin Yu’an shared the joy of high returns with Aliya, whose eyes were filled with admiration; supporting him was indeed the right choice!
In front of the warm fireplace at McKinley Farm, with the children already asleep, Lin Yu’an gently embraced Aliya.
"Darling, I have a bold idea about this money."
Aliya looked up, her azure eyes reflecting the firelight, full of trust and curiosity.
Lin Yu’an asked, "What do you think, in the next ten years, will be something that will transform our world like electricity and the internet did?"
Aliya pondered for a moment and shook her head, "I don’t know, but from our perspective in mechanical engineering, the combination of artificial intelligence and machinery will be the future direction."
"Exactly, Aliya, you’re spot on! It’s artificial intelligence!"
"But it’s never the gold miners who truly strike it rich; it’s the ones selling the shovels and jeans."
"I want to invest most of our funds in the company that makes shovels and jeans."
"I plan to heavily invest $1,800,000 in NVIDIA stocks."
$1,800,000! This nearly represents all their liquid assets.
She didn’t question, only softly asked, "Then... what about our life and the construction plans in Alaska? Do we still have enough money?"
Lin Yu’an gently stroked her hair, "I’ve calculated that after investing, our cash flow would still have over $160,000."
"After the Life Below Zero program pre-paid $500,000 for land, we’re left with $400,000; this totals nearly $560,000 cash."
"This money will more than adequately support our life and construction in Alaska for one to two years in the future. Not to mention the $300,000 the program will remit at the end of the year."
"I just feel this is a once-in-a-lifetime opportunity. We don’t need to use this money to earn a yearly yield of 10% or 20%; that’s too slow."
"I hope we have the safest Roman path to await, not a thorny path requiring constant risk monitoring."
"I am confident that this investment can become a propulsion for our family wealth, pushing us to heights no storm can shake!"
Aliya gazed at her husband’s eyes, once again believing unconditionally in his foresight.
She nodded, resting her head on his shoulder, "I support you, darling, I trust your judgment."
Receiving his wife’s support, Lin Yu’an felt completely settled.
The reason Lin Yu’an dared to wager his family’s fate entirely on this one company was undeniably the information asymmetry.
First, he knew a secret set to shock the world but was limited to a handful of tech circles in 2021.
An "AI" revolution is impending.
He recalled a product named ChatGPT, akin to the first nuclear explosion, thoroughly igniting a global tech race.
By then, all tech giants, from Google to Microsoft, and countless new, emerging Unicorns, would frantically purchase one thing—computing power.
And one of the "arms dealers" in this computing power war is NVIDIA.
Moreover, he was acutely aware of NVIDIA’s deep moat—beyond hardware superiority, it’s the CUDA software ecosystem they’ve meticulously built over ten years.
This ecosystem acts like an enormous magnet, firmly attracting millions of engineers worldwide.
This means that even if a challenger creates other chips, this mature and massive empire of ecosystems remains immovable in the short term.
During the imminent AI gold rush, NVIDIA not only sells shovels but monopolizes all routes to the mines.
Finally, and most crucially, he clearly remembered a number.
At his rebirth’s timeline, NVIDIA’s stock price, after several splits and astonishing surges, firmly stood at astronomical heights.
He quickly performed a mental estimate.
From May to July 2021, NVIDIA should have experienced a split, approximately $540 per share before splitting.
After the split, 3,518 shares promptly become 14,072 shares!
In merely two months, it could directly earn over $800,000! Adding leverage...
And this would still not be during AI’s global wave; by then, each stock in his hand will be many times its purchase value!
By then, his $1,800,000 investment would transform into massive profits, effortlessly achieving $40 million, even $60 million; more lucrative than any financial product!
Lin Yu’an crafted a new investment plan and decided to buy NVIDIA stocks in May at the lowest point.
The stone in his heart finally settled down.
A few days later, after over ten hours of flying and various transfers, Lin Yu’an’s plane landed in a bustling city in his home country.
As he walked out of the airport, he was greeted by the familiar, slightly moist, and lively urban air.
Lin Yu’an’s first stop was to visit his mentor’s wife.
The taxi quickly arrived at an old residential building, peaceful amidst the bustle, with the smell of neighbors’ cooking wafting through the corridors.
He skillfully walked up to the third floor and gently knocked on the familiar security door.
The door opened, and an elderly woman with graying hair and a kind face appeared at the entrance.
Seeing Lin Yu’an, she was momentarily stunned, then tears of surprise welled up in her eyes.
"Xiaohan... you’ve... you’ve come back!"
"Mentor’s wife, I’m back."
Lin Yu’an’s eyes were also a bit hot as he stepped forward to gently support the arm of his mentor’s wife.
She pulled him inside, continuously observing him and mumbling, "You’ve lost weight, and gotten darker, but much sturdier. Come sit, come sit, I’ll go get you some water."
The decor in the house was as simple and clean as ever.
A photo of his mentor still hung on the wall, the elder’s eyes like torches, as if still watching his proudest student.
Lin Yu’an respectfully bowed three times before his mentor’s portrait.
His mentor’s wife brought over a cup of hot tea, led him to sit on the sofa, and started asking about his recent circumstances.
Lin Yu’an did not hide anything, telling her about participating in "Alone in the Wilderness," winning the prize, and now having a child with Aliya, planning to settle down in Alaska.
He told her everything in detail.
He took out his phone to show her pictures of Aliya and the two babies.
"Oh my, these two babies are so handsome!"
Looking at Ethan and Olivia’s light green eyes in the photos, she smiled widely.
"Mixed-race children are indeed beautiful! You’re very lucky, Xiaohan. If your mentor has a spirit in heaven, he’ll surely be delighted to see you have a family and a life of your own now."
She then asked, a bit concerned, "That place... it’s so cold. Won’t life be hard?"
"It won’t be hard, Mentor’s wife," Lin Yu’an said with a smile.
"Mentor’s wife, is Brother Tian still out at sea?"
"Ah, yes, he barely gets to come home a few days each year, his daughter almost forgets what he looks like."
"Mentor’s wife, look on the bright side, it’s Brother Tian’s duty and mission, all we can do is support him."
"Actually, this time I came back not only to see you but also for something else."
"During the New Year, I was busy with the kids’ matters in the United States, only managed to call you for New Year’s greetings."
He took a bank card out of his backpack and gently placed it on the coffee table in front of his mentor’s wife.
"Mentor’s wife, there are four million here."
She was startled by the number and hurriedly waved her hands, "No, no, Xiaohan, you have your family and kids to take care of, I lack nothing here, you take it back!"
"Mentor’s wife, please listen to me."
Lin Yu’an held her hand, his tone sincere and firm.
"Mentor’s wife, I now have the ability to create a good life for myself and my family."
"This money is my filial piety to you and my mentor. My mentor’s greatest wish while alive was to help more kids like me, who are talented but face difficulties."
"I know you care about those children just as much as he did."
"So, take this money! Use it as you wish."
"You can improve your own life, send your grandson to a better school, get a bigger house, hire help to take care of you."
"Or, establish a fund with it to aid those kids in need, continuing my mentor’s wish."
"It’s all up to you, this is a token of a student’s regard, you must accept it."
Lin Yu’an knew that, given her nature, she would never use the money for herself.
This four million would eventually turn into donations, reaching those who needed it most.
This was the best way he could repay his mentor.
Seeing Lin Yu’an’s unquestionable determination, the tears in her eyes finally couldn’t be held back.
She wiped the corners of her eyes and solemnly put the card away, "Alright... alright... for those kids, thank you."
After having a warm lunch that was full of nostalgic flavors at his mentor’s wife’s home, Lin Yu’an finally got up to say goodbye.
