which is not a factor in a speculative * 1 point bubble? people scramble to sell quickly because they…
which is not a factor in a speculative * 1 point bubble? people scramble to sell quickly because they ultimately understand that the investment has no real value prices go up sharply borrowing at a high interest rate people fear missing out on the huge gains digital tokens that are created by * 1 point computer code crypto currency digital wallet electronic transfer venmo and cash app
Answer
Brief Explanations:
- For the first question: In a speculative bubble, people usually don't sell quickly because they understand the investment has no real value at the early - stage of the bubble. Instead, they buy into the rising price trend. Sharp price increases, high - interest borrowing (to invest more), and fear of missing out (FOMO) are common factors.
- For the second question: Cryptocurrency is defined as digital tokens created by computer code. A digital wallet is for storing digital assets, an electronic transfer is a method of moving funds, and Venmo and Cash App are payment platforms.
Answer:
- First question: people scramble to sell quickly because they ultimately understand that the investment has no real value
- Second question: crypto currency