Speculators are individuals or entities that buy and sell assets, such as stocks, commodities, or real estate, with the hope of making a profit from price fluctuations. Unlike long-term investors, speculators often focus on short-term market movements and may take on higher risks to achieve quick gains. Speculation can influence market prices and liquidity, as speculators often react to news, trends, or economic indicators. While some view speculators as essential for market efficiency, others criticize them for contributing to volatility and potential market bubbles, particularly in areas like cryptocurrency or real estate.