KISS co-founder and also a well-known businessman in the industry, Gene Simmons, has posted a couple of new tweets on his official Twitter page today and revealed yet another news about his ongoing cryptocurrency investments.

As you might already follow the Twitter account of KISS legend, almost every single tweet these days are about cryptocurrency, financial investments, and the current status of the market. Even though some of Gene fans are criticizing him for that, he states that he’s not here to give his followers investment advice and recommends them to do their own research many times.

Today, he posted yet another tweet about his investments and stated that he has added $300K of Cardano which is called a decentralized public blockchain and cryptocurrency project that is fully open-source. While he announced he bought Cardano, Gene also revealed why he decided to buy it by saying it’s affordable to almost everyone comparing to Bitcoin which is over $50K right now.

Gene Simmons wrote these on his first tweets:

“I just bought $300,000 of CARDANO (ADA). I’m not a Financial Analyst and I’m not telling U to buy or not to buy. Simply letting you know what I am doing and what I believe in. Why? Because I believe it’s going up and it’s always up to you to research & decide.

Why did I buy Cardano (ADA)? Well, for one thing, it’s affordable to almost everyone. It’s pennies compared to my other holdings like Bitcoin, which is over $50,000 a single coin. I believe everyone should be able to afford cryptocurrency. And here is one I believe in.”

And here is what a follower said after Gene Simmon shared the news on his tweet:

“Gene, are you a paid spokesman? How about some disclosure?”

Gene Simmons responded:

“I am not a paid spokesman. I am not a financial advisor. And all that stuff is illegal anyway.”

You can check out all these tweets below.