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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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Sometimes you have to PULL THROUGH! Full DISCIPLINE!
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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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CRYPTO INVESTOR LOSES $1 MILLION IN PEPE MEMECOIN CRASH 💥💰 April 12 brought disappointment to the crypto market as Bitcoin (BTC) plummeted to the $65,000 range, marking an 8.5% decline. This downturn also impacted altcoins, with many experiencing nearly a 20% drop in the past day. With altcoins already on a downward trajectory, yesterday's decline was the final blow. Liquidations totaling nearly $1 billion occurred, affecting around 300,000 traders who received liquidation notices. One user, known as Crypto Nerd, shared devastating news of losing all his savings due to the recent crash. The trader expressed disappointment specifically with the PEPE transaction. Crypto Nerd, active in the crypto market since 2017, revealed in a post on X that he lost over $1 million in assets during the recent decline. His tweet, garnering 3.7 million views, quickly gained traction on social media. The trader recounted waking up to discover his liquidation and the explosion of his transactions, particularly a long position on PEPE with 3x leverage, leading to significant losses. Despite having less than $1,000 in his bank account, the trader had amassed assets totaling $1 million on the Binance exchange. However, with the crash of the PEPE transaction, all the assets accumulated since 2017 vanished. Expressing feelings of despair and regret, the trader remarked, "I have no reason to live." Many crypto investors reached out with messages of support to the trader during this difficult time. 👉 Lesson: Be careful with meme coins. It's not all sunshine and rainbows. Stay updated with Professor Mende so this doesn't happen to you! #BTC #ETH #PEPE #safu #bullrun
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Awesome @Binance and @Binance Labs Teams are speaking at Blockchain Life Conference today and tomorrow. Including me 😀 It is so sad that @CZ is not with us here in UAE, but CMO @Rachel Conlan will have an incredible Panel in the Morning with the incredible Andrew Taureau of @CoinDesk ! I wonder if Binance CEO @Richard Teng will come over for a visit.... The TOKEN2049 Week has officially started and all of Dubai will be on Crypto Action! My Binance Square Frenz, I hope to meet you at some Event! Professor Mende #dubai #blockchainlife #token2049 #binance #bullrun
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📉 WHAT TO DO WHEN EVERYTHING IS DUMPING 📉 🔍 Are you noticing how quickly people are offloading their cryptocurrencies? 💰 People who bought $SOL at $180 are now selling at $143. 💰 People who bought $BTC at $68,000 are now selling at $63,000. 🧠 Here's a mindset shift that can help: Instead of fearing the bear market, see it as a support, a friend, and an opportunity. It's during these times that you can position yourself for the next 100X coin. It's during these times that you can buy more of the coins you've always wanted. You won't find this opportunity in a bull market. The bull market rewards those who weather the bear markets. Right now, our portfolio is bleeding, but we're not discouraged. We see this as a life-changing opportunity. All we need is more funds to invest in the market. 💎 We're not selling our holdings at a cheap loss. We're holding on, being patient, persevering, and we know that we'll reap the rewards of our efforts in due time. - Professor Mende out
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🐋 DON'T LET THE WHALES EAT YOUR PROFITS! 📉 It's a harsh reality of the crypto market that small and new traders are often targeted by whales who manipulate prices to their advantage. Many inexperienced traders fall into the trap of chasing quick profits without fully understanding the risks involved. They may invest their hard-earned money based on hype or short-term gains, only to suffer significant losses when whales manipulate the market. 📉💰 Whales have the power to influence prices by buying or selling large amounts of cryptocurrency, causing rapid price fluctuations that can catch small traders off guard. They capitalize on the emotions and FOMO (fear of missing out) of inexperienced traders, leading them to make impulsive decisions that often result in losses. 🐋📈 It's crucial for traders to be responsible for their own finances and to approach trading with caution and wisdom. Educating oneself about the market, conducting thorough research, and practicing risk management strategies can help mitigate the impact of whale manipulation and improve the chances of success in the volatile world of crypto trading. 📚🔍 Remember, while whales may have significant influence, ultimately it's the individual trader who holds the power to make informed decisions and navigate the market effectively. 🚀🧠 Stay updated wth Professor Mende!
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🚨📉 BITCOIN CASH GIVES WARNING SIGNAL AHEAD OF BTC HALVING EVENT! 🚨💥 As Bitcoin's fourth mining reward halving approaches in just eight days, the cryptocurrency market is on edge. Historically, such events have heralded bullish periods for Bitcoin, but its offshoot, #Bitcoin Cash (BCH), is painting a cautionary picture, urging traders to temper their expectations for an immediate price surge post-halving. The rally in #BCH triggered by its parent blockchain's halving of per-block coin emission to 3.125 BCH on April 4, quickly lost steam as prices retreated by 15% to $604. Adding to the concern, notional open interest in BCH perpetual futures has plummeted by a staggering 70% to $376 #million in just seven days, with funding rates turning negative, indicating a shift in sentiment towards bearishness. Algorithmic trading firm #Wintermute suggests that BCH's recent activity may foreshadow potential selling pressure for BTC post-halving. Analysts have long cautioned about a "sell the news" scenario for BTC, with JPMorgan anticipating a pullback to $42,000 once the halving hype fades. Despite BTC's current price of $70,700, representing a substantial 67% year-to-date gain, concerns linger about post-halving miner sales potentially dampening bullish momentum. Markus Thielen, founder of 10X Research, estimates that miners could liquidate $5 billion worth of BTC after the halving, potentially leading to a sideways market for several months. Will the bitcoin price skyrocket or crash after the halving event? 👇 Drop your opinion in the comments
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