Quote from: Leviathan.007 on August 12, 2021, 08:02:36 PM

In a recent interview with CNBC, Gene Simmons stated that he has entered Bitcoin with all his assets.
Rockstar is convinced that Bitcoin will be traded at a price of $ 60,000 by the beginning of next year:
"So, I’m all in, I’m putting all in. When there was a big dip and it went down…I’ve put in more."
As reported by U.Today, the musician, who has become a businessman, revealed that he had a seven-digit bitcoin fortune in February.
Simmons entered the world of cryptocurrencies at the beginning of the epidemic because of his relationship with Tyler Winklevoss.
He quickly became a fan of cryptocurrencies, which even led some to accuse Simmons of receiving wages with some cryptocurrencies.
Apart from Bitcoin, the KISS star also owns Ethereum, Cardano, Polkadot, and UniSwap.
Simmons likes the fact that cryptocurrencies leave digital fingerprints, which he says make it easier to tax than gold.
He added that his fans could now use the cryptocurrencies to purchase his artwork, which will be available later this year.

Source: https://u.today/rock-legend-gene-simmons-says-hes-all-in-on-bitcoin

Don't be dumb like Simmons! He may be a great bass guitarist but definitely not an investment advisor. So don't listen to him and follow the traditional way of investment - diversify your portfolio! There's nothing to stop you from investing in bitcoin and gold and stock simultaneously. So never go all in with a single asset.

It's a good practice to always diversify your investment portfolio. Have every possible assets in the portfolio. If you are bullish about bitcoin, give higher percentage to it. But never ever go all in. That might be the dumbest idea you will see!