Gene Simmons, a member of the legendary rock band Kiss, said that he bought bitcoins a few months ago and believes that the BTC rate will continue to rise.
In a recent Twitter post, Simmons notedthat investing in bitcoin “worked great” for him:
“I bought a seven-figure bitcoin a few months ago. The investment paid off very well. Do I believe the coin will go higher? Still would!”.
Back in October last year, bitcoin was trading at $ 10,000. If Simmons bought the cryptocurrency before October 2020, then he increased his investment at least four times. At the same time, Simmons is one of the richest rock musicians in the world – his fortune is estimated at $ 400 million.
The Kiss frontman said that in addition to bitcoins, his cryptocurrency portfolio contains XRP, DOGE, and several other altcoins. True, the musician did not disclose more accurate data on his cryptocurrency investments.
In November 2020, Sean Lennon, the son of The Beatles member John Lennon, called Bitcoin “the only hope of mankind to overcome the economic crisis.”
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