‘Buy Everything’ Crypto Strategy Is Dead, Says Blockworks Research Head — TradingView News
The 2021 playbook is dead. Buying everything no longer works.
Ryan Connor, Head of Research at Blockworks, told Milk Road’s John Gillen that most crypto projects fail the moment you look past the surface. The market has moved on, and many investors haven’t caught up.
Connor said the last cycle rewarded tokens that had nothing real behind them.
“People in crypto were rewarding tokens for doing nothing, like bringing nothing to the table. All you needed in 2021 was a story and a token and some branding and you could walk away a multi-millionaire. That’s no longer the case.”
The buyers have changed. Institutions now set the pace, and they want real teams, real revenue, and real value. Tokens built on hype alone are getting wiped…
