A few participants sense doom, so they pull out rapidly at a profit. When the fall occurs, it will be disastrous. It's inherently built into the situation. But without fail, the fall will always happen. Speculation participants typically have one of two common attributes: (1) some believe the new price-enhancing mechanism will go on forever, or (2) others, who are more astute, know they are in a speculative game and believe they will know when to "cash out" at a profit before the inevitable collapse. The speculation, building on itself, provides its own momentum.More buyers exert more upward pressure on the price.The increased price attracts more buyers. ![]()
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