Would you buy a Cryptocurrency that has a covered value with physical asset of 100%?

The market is floated with various cryptocurrencies without any fundamental value, but what if you would be able to buy crypto which has a totally covered value in the ratio of 1:1. For example, 1 Coin: 1 EUR covered value. To spike this topic and poll a little bit, in Pre ICO and in ICO you would have a discount of let’s say 65-70%. In this case, you would be able to purchase the Crypto coin for 30-35% of the value or for 0,30-0,35 EUR. Would you invest in such a Cryptocurrency?

Published by Mario Urlic

Professional commodity trader with 17 years of experience in various markets.

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