Topic: What would happen during a global recession? (Read 283 times)
Was there any hyperinflation during the recession of 2007-08? I didn't noticed any, and as far as I know, the United States Dollar held its value and purchasing power. If a recession happens in the future, then I am afraid that the crypto prices are going to drop, as the investors will be having less money available with them to invest in cryptos.
I've read many different forum posts stating that uncertainty with fiat currencies will only lead to an increase in market cap for crypto currencies. I have been developing a portfolio of some coins that I see to have great long term hold potential but I was curious as to what would happen during a recession such as the one we had in 2007-8008.
As far as I'm aware, any sort of real world hyper inflation would lead to an increase in the value of our assets. Any thoughts guys? If I'm holding for a long time I would like to know how I fare against these situations.
As far as I'm aware, any sort of real world hyper inflation would lead to an increase in the value of our assets. Any thoughts guys? If I'm holding for a long time I would like to know how I fare against these situations.
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