It's embarrassing that token returns are still so highly correlated. There are at most 5-10 companies in quadrant 1 (good project, good token). If these aren't in your portfolio, I'd be very curious what it is you look for in an investment. There are a handful in quadrant 3 (good company, bad token). I can understand taking a flyer on these as maybe they will fix the token one day, or they will grow 100x to make their token worth something, but it's really hard to keep betting on tokens that capture little to no economic value from the project's current growth. I couldn't come up with a lot of examples in quadrant 2 (companies that tried to do right by token holders but just failed as a business) Which leaves us to quadrant 4 -- where the majority of tokens reside. I really don't understand how these stay afloat. If your project has no revenues, no users, no growth, and the token captures no economic value -- how do you still own it? There are so many better investing options now.