Some people asked me what is a “market downturn” or “market correction”.

Let me explain it in my own way.

Imagine that you are selling potatoes 🥔. One day, someone suddenly came and started saying that there will be a fast food fair and everyone can come with fries 🍟 and participate in a competition and they can become the best fries chain in town.

After hearing this, people rushed to buy potatoes. Due to the high demand and low supply, the price started to rise.

Some dishonest businessmen bought huge quantities of potatoes, stacked them and started selling them at higher prices. Let’s call them a potato syndicate.

Let’s say the price went up to 60%. However, after checking, the government found that there was a syndicate manipulating the prices. They announced the total supply of potatoes. After calculating, the market was corrected and the prices fell by 10