I’ve 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 didn’t care.
The casino was worse. High limit rooms in Vegas and Macau. I’d lose $2 million in a night and laugh it off because the portfolio would make it back by morning. Until it didn’t.
When $OHM unwound, I didn’t 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 I’d open a bigger position. I wasn’t 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. That’s what’s left.
Here’s 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 didn’t make me a genius. It made me lucky. I confused the two for three years.
Lifestyle inflation is a leak you don’t notice until the ship is underwater. The jets and cars didn’t kill me. The identity did. I became someone who needed to spend to feel like a winner.
Leverage doesn’t 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.
I’ve 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 I’m done pretending the past didn’t happen. The next decade is about building slow and keeping what I make.
If you’re up big right now, screenshot this. You’ll need it.
Breaking: Get a Private Access to ReboundX Terminal & Grab Some Pizza!
@reboundx_net is recruiting beta testers for its next product after the exchange rebate system: a trading & social platform.
To celebrate Bitcoin Pizza Day 🍕, we’re holding a simple mission-based event where we’ll randomly give away a total of 30 pizzas 🍕 and 300 coffees ☕️!
(on kakaotalk)
During the beta testing period, the following features will be available:
*Trading
/Multi-venue CEX support: Binance, OKX, Bybit
/Trading support with up to 3 split screens, Spot & Perp
/View positions, trading history, trading fees, paybacks, and funding fees
/Share PnL and positions in chat rooms
/Automatic daily rebates
/Funding rate dashboard
(Even users who did not sign up with the ReboundX code can use all features except rebates.)
*Social
/Trading troll box: #Global & #Korean
/Verified position sharing
*My Page & Exchange Integration
/Connect exchanges via Google OAuth with one click, without extracting API keys
/Real-time consolidated balance view
/Real-time consolidated positions & PnL view
/Deposit function for each exchange
/Withdrawals and transfers are not available through the terminal and must be done directly on each CEX for security reasons
/View accumulated rebate amounts
**Upcoming Features
/ReboundX Community: posts, trading history sharing, and creating your own community
/Affiliate & community integration
Real-time events & leaderboards
PerpDEX onboarding and simple arbitrage strategy launch
Stock trading sector launch
🎁 How to Join the Waitlist & Event
Fill out the Google Form
https://t.co/OI8bWjgT5u
Like, retweet, and comment on the this X post
Join the Telegram group chat: https://t.co/gYgv60XQNo
Winners will be announced when beta testers are selected, expected in early June
We look forward to your participation!
Trade. Defined ReboundX
Variational 첫번째 한국 AMA
@variational_io 파운더 @variational_lvs가 직접 참여하는 첫번째 한국 AMA입니다
- 일시 : 5월 21일 저녁 9시 (KST)
- 장소 : https://t.co/Ek1SHSTBAJ
- 참석자 : @variational_lvs, @sjl933, @0xMGB, @MOODOO_Diary, @IPALAU1
AMA 보상
- 사전 질문 : VIP 선물 2개 + 치킨 20마리
- 현장 인증 : 커피 200잔
- 참여 조건
1) 한국 공지방(https://t.co/K6uWePINSC) l 대화방(https://t.co/AM7U7BrmsB) 입장
2) 참석자 X 모두 팔로우
- 사전 질문 구글폼 접수 : https://t.co/4J0yEDPkEt
이번 AMA를 통해 RWA 런칭 등 Variational의 주요 뉴스를 전달해드리고 한국 커뮤니티의 질문에 팀이 직접 답변을 해드리는 시간을 가지고자 합니다. 많관부!
Chapter 2 🦄
Want to move from FCFS to WL, or to GTD?
UniPix now has a simple rating system for everyone who supports the project.
If you really want to be part of UniPix, prove it.
https://t.co/r7CPG8WM92