Recently, I saw a bunch of memes and celebrities shouting people into the market with one loud voice... Old players complain: Don’t rush to be the last one, on-chain doesn’t care about emotions, it cares about liquidation thresholds.

Speaking of liquidation, what really messes me up isn’t the direction, but the oracle price feed delay. You think you should quickly add margin or unwind leverage when prices drop, but if the feed is slow, by the time it “reacts,” it can directly liquidate your position; or conversely, the market has already recovered, but the oracle is still hanging around the low-price zone, and the liquidation bot doesn’t care if you’re innocent or not.

Now I’d rather take an extra step: before opening a position, check which oracle the protocol uses and roughly how often it updates. If there’s high volatility, widen the liquidation threshold a bit—earning less is okay... Anyway, art is art, and wallets are wallets.