Rock Legend Gene Simmons Is Holding Crypto Despite Market Sell-Offs and FTX Collapse

Rock set Kiss’ pb vocalist Gene Simmons has confirmed that helium is inactive holding crypto contempt the crypto wintertime and the illness of cryptocurrency speech FTX. “I’m heavy successful crypto. I judge successful it,” the stone fable affirmed. Noting that helium has respective cryptocurrencies, including bitcoin and ethereum, Simmons stressed: “Personally, I’m holding, but everybody should bash their ain owed diligence.”

Gene Simmons Says He’s ‘Deep successful Crypto’

Rock fable Gene Simmons confirmed Thursday that helium is inactive holding cryptocurrencies contempt the crypto wintertime and the illness of crypto speech FTX. Simmons is an Israeli-born American musician, singer, songwriter, actor, and producer. He was the frontman, bassist, and co-lead vocalist of Kiss, the stone set helium co-founded with pb vocalist and guitarist Paul Stanley.

Responding to a question from Crypto Housewife astatine his Moneybag Vodka motorboat lawsuit successful Alberta, Canada, astir whether helium is “still hodling” his cryptocurrencies, Simmons said: “Well, I’m not gonna suggest oregon urge anything. I’m not a fiscal advisor.” The stone fable added:

But since you’re asking me, yes, I’m heavy successful crypto. I judge successful it. I’ve got bitcoin, litecoin, ethereum, rather a fewer others … Personally, I’m holding, but everybody should bash their ain owed diligence.

Meanwhile, the terms of bitcoin is down astir 64% year-to-date portion ether has fallen 66%. The crypto manufacture has suffered respective large blowups this year, including the Terra blockchain implosion successful May and the FTX illness past month.

FTX, Compute North, Voyager Digital, Celsius Network, Three Arrows Capital, and Blockfi person each filed for bankruptcy extortion aft dealing with fiscal problems. An estimated 1 cardinal customers person mislaid billions of dollars successful the FTX meltdown.

Simmons antecedently revealed that helium owns 14 cryptocurrencies. In June, helium said helium hasn’t sold immoderate of his coins contempt the crypto marketplace downturn.

In an interrogation with American Songwriter successful May, Simmons said helium recovered himself reasoning astir cryptocurrency astir often. “Governments, arsenic you cognize present people wealth whenever they request it. So, ostentation keeps getting bigger and bigger,” the stone fable described, elaborating:

Yeah, it’s a game-changer. I’m successful it big. I’ve done precise well.

What bash you deliberation astir the crypto comments by Gene Simmons? Let america cognize successful the comments conception below.

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