In a market driven by adrenaline, headlines, and high-yield promises, it’s easy to forget a basic truth: speculating is not the same as investing. And in this latest episode of The CoinRock Show, guest Chris J. Snook made it painfully clear — if you’re not anchoring your crypto thesis in reality, you’re just gambling in code.
Snook didn’t mince words. Amid rising prices and renewed optimism in the crypto space, he dropped a sharp distinction that every trader, investor, and project builder should etch into their dashboards:
“Speculating is getting the number go up, and then I get out before number go down. That’s not investing, that’s speculating. There’s people that make their living that way. I’m not here to judge it. I don’t do that. I’m a builder. I’m an investor. “
That one quote sums up the quiet identity crisis happening across the crypto world. After years of rug pulls, meme mania, and copy-paste tokenomics, the question isn’t whether crypto will boom again — it’s what kind of boom it’ll be.
Investing in What Survives, Not What Spikes
Snook’s take isn’t bearish — it’s strategic. He sees opportunity. In fact, he predicted a thawing of the crypto winter, pointing to global liquidity trends and government policy moves as potential drivers of a strong bull cycle over the next 6 to 24 months.
But he also warned: this rising tide will lift everything, including the garbage.
“I think we could hit, you know, a bull cycle in the price action of cryptos. But I think that’s also gonna cause you know, more of the negatives which mean more meme coins, more rug polls, more scammers.”
That doesn’t mean investors should stay out. It means they should zoom out. Snook emphasized investing only in projects that demonstrate clear, long-term value — ones that can survive market cycles, not just ride them. To him, that increasingly means ecosystems consolidating around sustainable infrastructure like Bitcoin and Ethereum.
“There’s going to be a migration to one or two operating systems for the crypto future… I still think ETH and Bitcoin are probably those two.”

Snook’s underlying argument goes deeper than bullish or bearish predictions. It’s a call to abandon fantasies and ideological baggage — and to engage with crypto as a real-world system influenced by power, policy, and human psychology.
In his words:
“smart investors and smart business people just try and look at what it actually is.”
And the reality is this: the crypto industry is maturing. Governments are regulating, institutions are allocating, and the infrastructure is stabilizing. But speculation still dominates headlines — and retail investors are often left holding the bag when cycles turn.
That’s why Snook urges builders and investors to embrace strategic patience. Focus on fundamentals. Follow development activity. Evaluate governance models. Ask: Will this project still exist in five years, or is it just this season’s shiny object?
What Builders Know (That Speculators Don’t)
There’s a reason Snook favors builders over speculators — because they build when others bail. During crypto winters, dev teams with long-term vision continue to create. They raise treasuries, iterate on tech, and quietly position themselves for the next uptrend.
When the market flips, those foundations matter.
Snook believes this is where the winners of the next cycle will come from — not from noise, but from utility. That means actual products, interoperable stacks, and networks that do more than just pump.
And if you’re investing for the next 10 years instead of the next 10 hours, that should be the filter for every decision.
Final Thought: The Next Cycle Is Coming — But Who’s It For?

Snook’s final crypto outlook wasn’t just bullish — it was grounded. He admitted he’d love to see Bitcoin stay under $100K just to accumulate more. But he also knows that when it breaks, it’ll break hard to the upside.
Whether you’re ready or not depends on one thing: your mindset. If you’re still chasing dopamine, you’ll miss the infrastructure play. But if you’re thinking like an investor — the kind who’s willing to wait, study, and build — then the next wave won’t catch you off guard. It’ll carry you forward.
Because speculation is noise. Strategy is signal.