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Of course, it’s always up to you to do research — Rock Legend Gene Simmons

Simmons is an American musician, singer, songwriter, actor, and producer who was born in Israel. Kiss, the rock band he co-founded with lead singer and guitarist Paul Stanley, featured him as the frontman, bassist, and co-lead singer. Simmons has appeared in 121 films and television shows, according to IMDB.

Since the crypto market slump, Gene Simmons has maintained that he is a hodler and has not sold any of his 14 cryptocurrencies.

He stated to being a hodler on Twitter on Wednesday, writing, “I have not sold a single position since the downturn.” I have faith in the future. “In the foreseeable future.” He later added that he owned litecoin (LTC) and 13 other cryptocurrencies in a follow-up tweet.

While Simmons did not name which cryptocurrencies he holds on Wednesday, he previously stated that he has bitcoin (BTC), litecoin (LTC), ether (ETH), dogecoin (DOGE), XRP, and cardano in February of last year (ADA).

He said at the time that he enjoys cardano since its price is less than $1, making it accessible to anybody. Bitcoin, on the other hand, is outrageously costly, putting it “outside the reach of most people,” according to the singer.

Nonetheless, he emphasised that before investing in any cryptocurrency, investors should conduct their own research.

“Governments, as you know, print money whenever they need it,” he said. As a result, inflation continues to rise.”

Simmons listed his $13.5 million Las Vegas mansion for sale in February, saying that customers may pay with cryptocurrencies like as bitcoin, ethereum, litecoin, uniswap, polkadot, litecoin, and aave.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.