Understanding Market Pullbacks, Corrections, Crashes, and Scams: A Simple Explanation
Let’s use a real-world example to explain these terms in the easiest way possible. Imagine that you run a fruit business in your city, selling apples every day. Normally, prices are stable, and everything is running smoothly. But one day, something unusual happens that upsets this balance.
Market correction
Out of nowhere, a rumor spread:
