Iβve wanted to tell this story for years. Never had the courage. Here it is.
I turned a presale allocation into $80 million on
$OHM. Today I have $500k left.
In 2021, I got a presale allocation in OlympusDAO, then aped heavily myself on top of it. The allocation got me in the door. My own conviction made me go all in. Staked everything. Watched it compound daily. By the peak I was sitting on $80 million.
Then I started spending like the money printed itself.
Private jets to Dubai because commercial felt beneath me. $40k weekends in Monaco. A garage full of cars I drove twice. Watches I never wore. I tipped $5k at dinners just to feel something. Every purchase was a flex for an audience that didnβt care.
The casino was worse. High limit rooms in Vegas and Macau. Iβd lose $2 million in a night and laugh it off because the portfolio would make it back by morning. Until it didnβt.
When
$OHM unwound, I didnβt sell. I doubled down. Then I leveraged. 5x, then 10x, trying to trade my way back to the peak. Every liquidation felt like a personal insult, so Iβd open a bigger position. I wasnβt trading anymore. I was gambling with a different interface.
$80 million became $20 million. $20 million became $4 million. I told myself $4 million was still life changing money. Then I levered that too.
$500k. Thatβs whatβs left.
Hereβs what I learned the expensive way:
Unrealized gains are not money. I never had $80 million. I had a number on a screen and the arrogance to believe it was permanent.
Getting in early is a gift. I treated it like a skill. The allocation didnβt make me a genius. It made me lucky. I confused the two for three years.
Lifestyle inflation is a leak you donβt notice until the ship is underwater. The jets and cars didnβt kill me. The identity did. I became someone who needed to spend to feel like a winner.
Leverage doesnβt get you back to even. It gets you to zero faster. Revenge trading is just grief with a chart open.
Nobody at the table in Monaco remembers my name.
Iβve carried this story alone for years. Too embarrassed to say it out loud. But $500k is more than most people will ever hold at once, and Iβm done pretending the past didnβt happen. The next decade is about building slow and keeping what I make.
If youβre up big right now, screenshot this. Youβll need it.