{"id":65151,"date":"2022-06-17T09:00:42","date_gmt":"2022-06-17T09:00:42","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=65151"},"modified":"2022-06-17T09:00:42","modified_gmt":"2022-06-17T09:00:42","slug":"rock-legend-gene-simmons-owns-14-cryptocurrencies-i-have-not-sold-a-single-position-since-the-downturn","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=65151","title":{"rendered":"Rock Legend Gene Simmons Owns 14 Cryptocurrencies \u2014 \u2018I Have Not Sold a Single Position Since the Downturn\u2019"},"content":{"rendered":"

\"Rock<\/p>\n

Rock band Kiss\u2019 lead singer Gene Simmons has revealed that he owns 14 cryptocurrencies and has not sold any since the crypto market downturn.<\/strong><\/p>\n

Gene Simmons Says \u2018I am a Hodler\u2019<\/h2>\n

Gene Simmons has reaffirmed that he is a hodler and has not sold any of his 14 cryptocurrencies since the crypto market downturn.<\/p>\n

Simmons is an Israeli-born American musician, singer, songwriter, actor, and producer. He was the frontman, bassist, and co-lead singer of Kiss, the rock band he co-founded with lead singer and guitarist Paul Stanley. According to IMDB, Simmons has appeared in films and TV 121 times.<\/p>\n

He tweeted Wednesday that he is a hodler, adding: \u201cI have not sold a single position since the downturn. I believe in the future. The near future.\u201d In a follow-up tweet, he said he owns litecoin (LTC<\/a>) and 13 other cryptocurrencies.<\/p>\n

\"\"<\/p>\n

While Simmons did not reveal on Wednesday which cryptocurrencies he owns, he said in February last year that he owned <\/a>bitcoin (BTC<\/a>), litecoin (LTC<\/a>), ether (ETH<\/a>), dogecoin (DOGE), XRP<\/a>, and cardano (ADA<\/a>).<\/p>\n

He noted at the time that he likes cardano because its price was lower than $1 so anyone can invest in it. Bitcoin, on the other hand, is expensive in comparison, so it is \u201cbeyond the reach of most people,\u201d the singer said.<\/p>\n

Nonetheless, he stressed that investors should do their own research before investing in any cryptocurrency, advising:<\/p>\n

\n

Of course, it\u2019s always up to you to do research.<\/p>\n<\/blockquote>\n

In an interview with American Songwriter in May, Simmons said he found himself thinking about cryptocurrency most often. He was quoted as saying:<\/p>\n

\n

Yeah, it\u2019s a game-changer. I\u2019m in it big. I\u2019ve done very well.<\/p>\n<\/blockquote>\n

He opined: \u201cGovernments, as you know now print money whenever they need it. So, inflation keeps getting bigger and bigger.\u201d<\/p>\n

In February, Simmons put up his $13.5 million Las Vegas home for sale and said buyers can pay with cryptocurrencies, including bitcoin, ethereum, litecoin, uniswap, polkadot, litecoin, and aave.<\/p>\n

What do you think about Gene Simmons owning 14 cryptos without selling any? Let us know in the comments section below.<\/strong><\/em><\/p>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Rock band Kiss\u2019 lead singer Gene Simmons has revealed that he owns 14 cryptocurrencies and has not sold any since the crypto market downturn. Gene Simmons Says \u2018I am a Hodler\u2019 Gene Simmons has reaffirmed that he is a hodler and has not sold any of his 14 cryptocurrencies since the crypto market downturn. Simmons […]<\/p>\n","protected":false},"author":2,"featured_media":65152,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-65151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/65151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65151"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/65151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/65152"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}