Time for pick and shovel stock related to crypto soon now that the market drop due to Clarity Act bill not passed?
It feels weird to bring up crypto in this thread, since most of us can agree that crypto overall is the opposite of value investing.
However, the pick and shovel, the infrastructure of crypto, is here to stay. with the Clarity Act not passed, there was a violent correction of these stocks yesterday. This correction is likely to continue for upcoming days.
At what point though, and into what, should a value investor enter, if at all?