Loading ...Its not so much the scum, its the investors. The ones already sitting on profits…”Let it ride” don’t sell. The people not in yet think they missed the boat and want in.
“Get me in now I don’t care” They can’t resist the impulse to buy in now before it goes even higher. I have been agonizing myself, resisting the natural impulse to jump on, watching the climb, waiting for a little pull back.
Its very common for investors to buy high and then have to ride out a correction. The impulse to buy when prices are falling is simply not a natural thing to do. Human nature.