Rock legend Gene Simmons endorses the long-term investment value of Bitcoin

GetRichLeek · 2026-02-28T23:05:30+00:00

KISS band bassist Gene Simmons reiterates his confidence in Bitcoin, urging investors to hold long-term and conduct in-depth research. Bitcoin supporter Samson Mow rebutted the recent price decline, attributing it to external factors, and pointed out that Bitcoin's scarcity will make its long-term value surpass the current price.

GetRichLeek

2026-02-28 23:05:30

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KISS band bassist Gene Simmons recently reiterated his positive outlook on Bitcoin, advocating for long-term holding by investors. The rock star also reminded market participants that thorough research and analysis are essential before making investment decisions.

KISS frontman optimistic about Bitcoin’s future

As a long-term supporter of Bitcoin, Gene Simmons has always believed that this digital asset has significant potential. His view reflects the growing recognition of cryptocurrencies within the traditional entertainment industry. He emphasizes that, with the right timing and strategy, Bitcoin’s long-term returns are worth expecting.

Bitcoin supporters counter recent decline claims

Bitcoin advocate Samson Mow commented on the recent market performance. He believes that the nearly 20% price correction experienced by Bitcoin is not due to issues with the asset itself but is influenced by panic over the AI market bubble and other external factors. Mow states that this decline lacks solid fundamental support.

Scarcity supports long-term investment logic

Mow remains bullish on Bitcoin, pointing out that its inherent scarcity ensures it cannot be suppressed by the market long-term. Based on his assessment, even with Bitcoin’s current price around $67,100, its true value should be approximately $110,000. This valuation provides strong logical support for optimistic investors.

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