Doomer - T-Bills to $25 Million, Momentum Trading, and Holding Through the Dips
Summary
After putting $30,000 from Treasury bills back into crypto in November 2023, Doomer reports roughly $25 million of 2026 profit: about $17 million publicly on Hyperliquid and another $8–9 million in brokerage accounts. The path included summer 2025 ETH-perpetual trades that helped him finish that year up about $8 million, followed by Zach trades and larger summer gains in 2026. The headline hides repeated ruin: 0.1 BTC became 25 BTC and vanished two days later; recovered ICO ETH went into Solana NFTs; and an approximately $8 million TRUMP gain was followed by roughly $6–7 million of losses. “It was a goddamn roller coaster.”
His strategy is discretionary momentum trading: buy dips during bullish trends, use substantial size and enough margin to survive volatility, and wait. He describes no strict predefined position-size, stop, or exit rules—“the position size is what I want, the stop is what I want”—and trades almost entirely long because holding shorts is psychologically harder for him.
Doomer attributes his edge less to prediction than to 13 years of screen time and an unusual tolerance for unrealized losses. He watched one position surrender $1.5 million of profit after a 10–12% drop without exiting; in GOAT, he held from roughly $6 million to $750 million market capitalization, including a collapse from about $400 million to $100 million. He contrasts his approach with people selling after a 100% move while he tries to remain for a possible 1,000%.
The same temperament that creates outlier winners also produced his worst drawdown after the TRUMP trade. He repeatedly bought collapsing “junk,” losing mid-six figures roughly ten times and about $6–7 million within two months. “This works both ways”: holding through volatility can help in a bull trend but can become a wipeout mechanism when assets fall 50–60%.
On-chain, he now avoids the smallest coins and focuses on mid-caps from roughly $10–30 million and above, while trading mostly perpetuals. Below that, he calls the activity “games of chance, with even worse odds than at a casino,” though he still thinks experienced traders with small portfolios can find 5–10x outcomes around $5 million capitalization and above.
His current book expresses a revenue-and-momentum thesis through PUMP, Zcash, and Hyperliquid. He owns roughly $8 million of spot PUMP plus a perpetual position, sees $5,000–$10,000 Zcash as “quite realistic” within one or two years, and remains bullish after Bitcoin’s weekly close above $83,000—a higher high—unless an unlikely collapse sends it toward $60,000.
Doomer argues that life-changing gains must eventually change the trader’s life. Younger traders with family support can take more risk, but older traders reaching low-to-mid six figures should get money out; anyone making above-average six figures should take taxes seriously, and life-changing gains should fund debt repayment, index funds, and other life changes. Despite having made enough to stop, he concedes that trading is “the best game in the world” and “the hardest game in the world”: “I can never leave this game.”
Deep dive
1. Repeated ruin taught him to survive the next cycle
Doomer entered Bitcoin near the 2013 peak around $1,100–$1,200, then watched it fall toward $180. In 2017, he turned 0.1 BTC into 25 BTC on OKX and lost everything two days later—one of several early cycles of rapid accumulation followed by complete destruction.
His strangest recovery began with a forgotten $60 ETH ICO purchase that had yielded 200 ETH. In 2022, an old laptop produced the wallet file, but not the password; a wallet-recovery specialist unlocked it within five minutes and kept roughly 25%, leaving Doomer 150 ETH. He withdrew some for taxes, then invested the recovered funds into Solana NFTs and promptly lost most of it.
The surviving $30,000 sat in Treasury bills until November 2023, when Doomer decided to return it to crypto despite his then-fiancée’s objection: “You’ve been doing this for so long and haven’t earned anything.” GOAT produced nearly $3 million, he moved on through AI16Z, and he says he made about $8 million on TRUMP before the next collapse.
After the TRUMP losses, summer 2025 ETH-perpetual trades helped him finish that year up about $8 million; he then paid taxes and withdrew a substantial amount. In 2026, he initially lost a couple hundred thousand dollars, then made roughly a couple million on a spring Zach trade and several larger summer trades. He reports about $17 million in public Hyperliquid profit plus $8–9 million in brokerage-account gains for the year.
2. Momentum, size, and patience are the entire system
Doomer’s summary is “impulse trading”: in a bull market, buy dips with substantial size, maintain enough margin to avoid liquidation, and wait. He sees the same structure outside crypto—his examples were simply buying and holding SanDisk or Micron while they continued rising—because “there’s no reason to sell.”
Thread Guy pressed him on scaling from five figures to eight; Doomer’s answer was unusually discretionary. “The position size is what I want, the stop is what I want, and the exit is when I feel it’s time.” He believes meaningful advancement requires increasing size, then overcoming the fear created when a larger position generates a larger loss.
His claimed advantage combines charts watched since 2013 with emotional tolerance. A 10–12% reversal once erased $1.5 million of unrealized profit from a position that had been up $3 million, yet he stayed. GOAT was the defining specimen: entry near $6 million capitalization, held up to around $750 million, and no capitulation during the plunge from roughly $400 million to $100 million.
Thread Guy said he trades 100% from his phone. Doomer said he had used Hyperliquid’s native interface for roughly 95% of his trading, found it somewhat inconvenient on mobile, and had recently begun using HyperDex for features such as copy trading and additional order types.
3. His greatest edge becomes lethal after momentum breaks
The TRUMP trade began with uncertainty over whether the token was real. Doomer bought about $500,000, sold after an immediate 50% collapse toward $100 million capitalization, then re-entered fully once Trump’s account confirmed it; the position eventually reached about $8 million.
The damage came afterward. He chased assets such as “Prison Chair,” repeatedly lost mid-six figures, and burned approximately $6–7 million across roughly ten trades in two months. “I felt like a complete idiot,” he admits; his largest cited single-position unrealized loss was around $1–1.5 million. He also cited being down about $1 million on Zcash before recovering it.
Thread Guy’s challenge—how can a trader calmly tolerate such swings?—exposed the strategy’s condition: patience works only while the trend remains intact. Doomer now tries to defend capital when markets look overheated because the same refusal to sell that captures a 1,000% winner can ride a late-cycle asset down 50–60%.
His wealth-preservation rule depends on age and circumstances. Younger traders with family support can risk more into the mid-six figures; someone older reaching low-to-mid six figures should get money out. Anyone making above-average six figures should take taxes seriously, while life-changing money should produce life changes, debt repayment, and more conservative investments such as index funds.
4. PUMP, Zcash, and Hyperliquid carry the current momentum thesis
Doomer’s PUMP thesis begins with cash generation: STONK, PONZ, and other competitors faded while PUMP retained reach and built “one of the best casinos in the world.” He owns roughly $8 million of spot PUMP plus a perpetual position and expects higher prices, though uncertainty about the team prevents him from seeing an immediate 10x as certain.
Zcash is the narrative-and-momentum trade. He sees it as a smaller, cheaper analogue to Bitcoin whose market could be moved by a few large buyers; he does not expect Bitcoin’s capitalization, but calls $5,000–$10,000 “quite realistic” over one or two years. His technical entry came from a bounce around the first touch of the four-hour 200 EMA near $450.
Hyperliquid requires less explanation in his framework: “It’s Jeff’s team,” a good coin with momentum. PUMP, Zcash, and Hyperliquid remain holds because, in his formulation, “momentum and narrative are all you need in crypto,” apart from unpredictable new launches.
At the market level, Doomer pointed to Bitcoin breaking above $83,000 and called it a higher high. He sees no reason for the bullish trend to stop absent an unlikely collapse toward $60,000. Thread Guy, not Doomer, said he was not a macro expert, noted that rates and equities were rising together, and said SPY and QQQ had recently made new highs while he generally chose to go with the flow.
5. He has made enough to stop, but trading remains the game
Doomer still works as an employee of Awaken.tax because it keeps him inside crypto, gives him something to do during winter and early spring, and offers exposure to the company’s potential growth. Time off taught him that retirement without purposeful activity did not suit him.
He calls Vlad a good trader despite objecting to his arrogance, and calls Kobe a legend whose statements he listens to. After Thread Guy praised Flood’s comment, Doomer said Flood should change his attitude. Doomer’s own preferred ethic is that “everything comes back”: he gives people money when he can and believes kindness is eventually returned.
Public appearances are not the start of an influencer strategy. He shared the story because the P&L might interest people and perhaps open investment doors, but family, employment, and golf leave little appetite for maintaining an audience.
Thread Guy’s final disbelief captured the contradiction: Doomer has no formal finance training, no strict risk limits, and a highly discretionary system, yet reported nearly $25 million of annual profit. Doomer’s own explanation is less triumphant: trading is addictive, “the hardest game in the world,” and a game he doubts he can leave.