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You don't even need fowl play to get here. The reasons don't have to be economic, they can be psychological. People sometimes just ride the wave and everything
by close04 8y ago
You don't even need fowl play to get here. The reasons don't have to be economic, they can be psychological.
People sometimes just ride the wave and everything around them might convince them it's the way to go, keep going. But there is a point when the realization that it's unsustainable can creep in. That moment where you go from "infallible" to "hmm... can this keep going?" is when the bubble starts to burst. Panic can spread just as quickly or faster than the euphoria of a quick win.
- anothergoogler 8y agoInvestors chickening out qualifies as fowl play in my book.
- wakeywakeywakey 8y agoI invested quite a bit, now I have egg on my face.
- close04 8y agoChicken-fowl, I see what you did there :). But no, chickening out will never fall under any definition of fowl play. This involves cheating, malice, breaking the rules, all premeditated perhaps. Playing it safe with your money? Definitely not.
- anothergoogler 8y ago*foul
- close04 8y agoHeh, I thought you're semi-yanking my chain for typing it wrong the first time :D. Well, too late to edit.