Iāve 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 didnāt care.
The casino was worse. High limit rooms in Vegas and Macau. Iād lose $2 million in a night and laugh it off because the portfolio would make it back by morning. Until it didnāt.
When
$OHM unwound, I didnāt 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 Iād open a bigger position. I wasnāt 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. Thatās whatās left.
Hereās 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 didnāt make me a genius. It made me lucky. I confused the two for three years.
Lifestyle inflation is a leak you donāt notice until the ship is underwater. The jets and cars didnāt kill me. The identity did. I became someone who needed to spend to feel like a winner.
Leverage doesnāt 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.
Iāve 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 Iām done pretending the past didnāt happen. The next decade is about building slow and keeping what I make.
If youāre up big right now, screenshot this. Youāll need it.