Legendary frontman of the band Kiss, Gene Simmons, is discussing his crypto journey and when he dove into the sector.
In a brand new interview with CNBC, the rockstar says that he jumped into crypto at the starting of the Covid-19 pandemic after having a dialog with famous Bitcoin bull and Gemini crypto trade co-founder Tyler Winklevoss.
“I went in big. I put in a few million into Bitcoin when it was around $10,000.”
Simmons calls himself a “hodler” and predicts that Bitcoin’s value will attain as excessive as $60,000 by the begin of subsequent 12 months. Simmons additionally says that when Bitcoin took its May plunge to beneath $30,000, he purchased extra.
“And I’m what’s called a ‘hodler’ … By the beginning of next year, we’ll be at $55,000 to $60,000. So I’m all in. I’m putting more in. When there was a big dip and it went down to under $30,000 or something, I put in more.”
Bitcoin is buying and selling at $45,295 at time of writing, in accordance with CoinGecko.
The Kiss lead singer additionally says he holds Ethereum (ETH) in his portfolio, which he states to have purchased at round $900. He says he has round 14 ETH.
In the previous, Simmons has copped to proudly owning the Bitcoin fork Litecoin (LTC), Dogecoin (DOGE) and digital funds asset XRP.
Earlier this 12 months, Simmons said he had invested $300,000 in Ethereum competitor Cardano (ADA).
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