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

Rock band Kiss’ lead vocalist Gene Simmons has uncovered that he claims 14 digital forms of money and has not sold any since the crypto market downturn.

Gene Simmons Says ‘I am a Hodler’

Gene Simmons has reaffirmed that he is a hodler and has not sold any of his 14 digital forms of money since the crypto market downturn.

Simmons is an Israeli-conceived American performer, artist, lyricist, entertainer, and maker. He was the frontman, bassist, and co-lead artist of Kiss, the musical gang he helped to establish with lead vocalist and guitarist Paul Stanley. As per IMDB, Simmons has showed up in movies and TV 121 times.

He tweeted Wednesday that he is a hodler, adding: “I have not sold a single position since the downturn. I believe in the future. The near future.” In a subsequent tweet, he said he claims litecoin (LTC) and 13 other cryptocurrencies.

genes tweet

While Simmons didn’t uncover on Wednesday which cryptographic forms of money he possesses, he said in February last year that he possessed bitcoin (BTC), litecoin (LTC), ether (ETH), dogecoin (DOGE), XRP, and cardano (ADA).

He noted at the time that he prefers cardano on the grounds that its cost was lower than $1 so anybody can put resources into it. Bitcoin, then again, is costly in examination, so it is “beyond the reach of most people,” the vocalist said.

Nonetheless, he focused on that financial backers ought to do their own exploration prior to putting resources into any cryptographic money, advising:

Of course, it’s dependably dependent upon you to do research.

In a meeting with American Songwriter in May, Simmons said he ended up contemplating digital currency most frequently. He was cited as saying:

Yeah, it’s a unique advantage. I’m in it enormous. I’ve done very well.

He believed: “Governments, as you know now print money whenever they need it. So, inflation keeps getting bigger and bigger.”

In February, Simmons set up his $13.5 million Las Vegas home available to be purchased and said purchasers can pay with cryptographic forms of money, including bitcoin, ethereum, litecoin, uniswap, polkadot, litecoin, and aave.

What do you contemplate Gene Simmons claiming 14 cryptos without selling any? Tell us in the remarks segment below.

Kevin Helms

An understudy of Austrian Economics, Kevin tracked down Bitcoin in 2011 and has been an evangelist from that point forward. His inclinations lie in Bitcoin security, open-source frameworks, network impacts and the convergence among financial aspects and cryptography.

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

Disclaimer: This article is for educational purposes as it were. It’s anything but an immediate proposition or sales of a proposal to trade, or a suggestion or underwriting of any items, administrations, or organizations. Bitcoin.com doesn’t give venture, charge, lawful, or bookkeeping guidance. Neither the organization nor the writer is mindful, straightforwardly or by implication, for any harm or misfortune caused or asserted to be brought about by or regarding the utilization of or dependence on any satisfied, labor and products referenced in this article.