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.
