Rock Legend Gene Simmons Owns 14 Cryptocurrencies — ‘I Have Not Sold a Single Position Since the Downturn’

Gene Simmons, lead singer of the rock band Kiss, has revealed that he owns 14 cryptocurrencies and has not sold any since the crypto market downturn.

Gene Simmons says “I’m a hodler”

Gene Simmons reaffirmed that he is a hodler and has not sold any of his 14 cryptocurrencies since 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 the rock band Kiss, which he co-founded with lead singer and guitarist Paul Stanley.According to IMDB, Simmons has appeared 121 times in film and television.

He tweeted Wednesday that he is a hodler, adding.

“The ? I am a new ? I believe in the future. The near future.” In a follow-up tweet, he said he owns Litecoin (LTC) and 13 other cryptocurrencies.

Simmons did not reveal which cryptocurrencies he owns on Wednesday, but said last February that he owned Bitcoin (BTC), Litecoin (LTC), Ethar (ETH), Dogecoin ( DOGE ), and has stated that it owns XRP (XRP)and Cardano (ADA

Cardano stated at the time that he likes Cardano because its price is lower than $1 and anyone can invest in it. Bitcoin, on the other hand, is more expensive by comparison and is therefore “out of reach of most people,” the singer said.

Still, he stressed that investors should do their own research before investing in any cryptocurrency, advising.

Of course, it is always up to you to do your research.

In a May interview with American Songwriter, Simmons said he found himself thinking about cryptocurrencies most often. He is quoted as saying.

Yeah, it’s a game changer. I’m big into it. I did very well

he opined.” The government, as you know, now prints money when it is needed. So inflation is going to get bigger and bigger.”

In February, Simmons put his $13.5 million Las Vegas home on the market and said buyers could pay in cryptocurrencies such as bitcoin, ethereum, lite coin, uniswap, polkadot, lite coin, and arbe.

Image credits: Shutterstock, Pixabay, Wiki Commons, Tony Norkus

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