Rock band Kiss’ lead singer Gene Simmons has revealed that he owns 14 cryptocurrencies and has not offered any because the crypto market downturn.
Gene Simmons Says ‘I’m a Hodler’
Gene Simmons has reaffirmed that he’s a hodler and has not offered any of his 14 cryptocurrencies because the crypto market downturn.
Simmons is an Israeli-born American musician, singer, songwriter, actor, and producer. He was the frontman, bassist, and co-lead singer of Kiss, the rock band he co-founded with lead singer and guitarist Paul Stanley. Based on IMDB, Simmons has appeared in movies and TV 121 instances.
He tweeted Wednesday that he’s a hodler, including: “I’ve not offered a single place because the downturn. I imagine sooner or later. The close to future.” In a follow-up tweet, he stated he owns litecoin (LTC) and 13 different cryptocurrencies.
Whereas Simmons didn’t reveal on Wednesday which cryptocurrencies he owns, he stated in February final yr that he owned bitcoin (BTC), litecoin (LTC), ether (ETH), dogecoin (DOGE), XRP, and cardano (ADA).
He famous on the time that he likes cardano as a result of its worth was decrease than $1 so anybody can put money into it. Bitcoin, alternatively, is pricey as compared, so it’s “past the attain of most individuals,” the singer stated.
Nonetheless, he pressured that traders ought to do their very own analysis earlier than investing in any cryptocurrency, advising:
After all, it’s at all times as much as you to do analysis.
In an interview with American Songwriter in Could, Simmons stated he discovered himself enthusiastic about cryptocurrency most frequently. He was quoted as saying:
Yeah, it’s a game-changer. I’m in it massive. I’ve finished very effectively.
He opined: “Governments, as you already know now print cash each time they want it. So, inflation retains getting greater and greater.”
In February, Simmons put up his $13.5 million Las Vegas house on the market and stated patrons pays with cryptocurrencies, together with bitcoin, ethereum, litecoin, uniswap, polkadot, litecoin, and aave.
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Picture Credit: Shutterstock, Pixabay, Wiki Commons, Tony Norkus
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