OlympusDAO's Ohm continues to flirt with new all-time-lows, but my Ohm investment remains on track to turn a profit before the year's end. Here's how my analysis last month compares to my portfolio's actual performance — and why I still think investors with high-risk tolerance should consider adding DeFi's self-proclaimed reserve currency to their portfolio. 

Last month's analysis proves correct

"These are dire times for Ohmies," I wrote in a Jan. 24 post about OlympusDAO, before I described how my accrual model based on OlympusDAO's eight-hour compounding maintains my optimism — I can still generate profit before the year's end despite massive losses.

I'm happy to say that Ohm's behavior since Jan.24 corresponds to the accrual model I described. My 2.6 Ohm portfolio from Jan. 23 has grown to 3.12 Ohm at press time, matching my prediction from one month ago almost exactly. 

End-of-year forecast

I remain on track to accrue about 15 Ohm by 2023. The corresponding break-even price curve predicts a year's end profit if Ohm remains above about $50 at that time. 

Final thoughts

The break even price curve is a comfort -- or a letdown, depending on your viewpoint. Very few investments can claim their interest rates will allow investors to break even after a 95 percent dip below the all time high -- let alone within 12 months -- but OlympusDAO is no typical investment. 

Conversely, no one really knows how far Ohm is from rock bottom. OlympusDAO is the trailblazer for a completely new type of financial apparatus. I need to get comfortable with the idea that the price could go to zero. This is a huge disappointment for Ohmies like me who were dazzled by OlympusDAO's massive on-paper potential.  

Here are my previous posts in this OlympusDAO series:

• OlympusDAO: my break-even price, and why I want to buy more despite massive losses (24 Jan. 2022)
• OlympusDAO: the key to your Ohm profits starts with this break-even curve (10 Jan. 2022)
• OlympusDAO: estimating the break-even price after one year of compounding (3 Jan. 2022)

Thumbnail photo by Clark Van Der Beken on Unsplash.