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top-crypto-news Crypto people

Kiss rock band bassist Gene Simmons owns 14 cryptocurrencies and won’t sell them despite a downturn

June 17, 2022
Reading Time: 3 mins read
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kiss

Rock legend Gene Simmons said he owns investments in 14 different cryptocurrencies: “I haven’t sold a single position since the recession.”

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***

  • Rocker Gene Simmons says he’s not selling his cryptocurrencies
  • He says he has investments in 14 different cryptocurrencies.
  • “I’m a hodler,” the Kiss bassist commented.

The bassist and lead singer of the legendary rock band Kiss, Gene Simmons has been a cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. enthusiast for some time now and has spoken about cryptocurrencies quite a few times. The first of these was in 2017, when he said: “ I’m interested in Bitcoin, but only as one piece of that huge investment puzzle.” Since then his investment in crypto has been growing. .

At this time of falling cryptocurrency prices, you may wonder what a person like him is thinking. Well, to tell you the truth, he seems calm. This is what he says on Twitter:

I’m HODLER. I haven’t sold a single position since the recession. I believe in the future. The near future.

Re Crypto currencies: (Write it down.) I Am A HODLER. I have not sold a single position since the downturn. I believe in the future. The Near Future.

— Gene Simmons (@genesimmons) June 15, 2022

He also acknowledged owning 14 cryptocurrencies, one of them Litecoin:

Yes. I own Litecoin and 13 other Cryptos. And I will continue to hodl.

Yes. I own Litecoin and 13 other Cryptos. And, I will continue to Hodl. https://t.co/fT9TaF4Shk

— Gene Simmons (@genesimmons) June 15, 2022

Fan of Litecoin and 13 others

Simmons is an Israeli-born American musician, singer, songwriter, actor and producer. He is the frontman, bassist, and co-lead singer of Kiss, the rock band he co-founded in 1973 with singer and guitarist Paul Stanley. It is worth remembering that the band registered in April, with the U.S. Patent and Trademark Office, their symbols (specifically the masks) to operate in the metaverse.

While Simmons did not disclose in the tweet what other cryptocurrencies do you own besides Litecoin, dijo en febrero del año pasado que también poseía Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. (BTC), Ether the form of payment used in the operation of the distribution application platform, Ethereum. (ETH), Dogecoin (DOGE), XRP y Cardano (ADA).

At that moment he said:

I’m not recommending any of these to anyone. But yes, I also bought Dogecoin, XRP and others. Make of it what you will.

In addition, in the same month he stated that bought USD $300,000 in Cardano and expressed: “I just bought $300,000 of CARDANO (ADA). I am not a financial analyst and I am not telling you to buy or not to buy, just letting you know what I am doing and what I believe in. Just letting you know what I’m doing and what I believe in. Why? Because I believe it’s going up… and it’s always up to you to research and decide”.

Bitcoin.com recalls that in February 2022, Simmons put his USD $13.5 million Las Vegas home up for sale and said buyers could pay with cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Uniswap, Polkadot y Aave.

Sources: Twitter, Bitcoin.com , archivo

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