Is it speculation by not participating in a market that has rapidly inflated? I ... | Hacker News

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beebmam on Nov 28, 2017 | parent | context | favorite | on: Ask HN: What tips do you have for weathering a rec...

Is it speculation by not participating in a market that has rapidly inflated? I think that's stretching the economic meaning of "speculation".

mywittyname on Nov 29, 2017 [–]

It's speculating to, well, speculate on rapid changes in the near-term price of an asset, regardless of the direction of the speculation.

So if you mean to imply that the rapid inflation will be followed by a rapid contraction, then that's speculating in my eyes.

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