When it comes to lending and borrowing, and you're only three steps away from liquidation, don't pretend to be calm: First, treat your position as if it's "about to be liquidated" and plan accordingly, even if it means leaving some extra margin; Second, don't rely on a rebound to save you—reduce some leverage or add a bit of margin to buy back your breathing room; Third, finalize your plan: sell when it drops to a certain point, and don't negotiate your beliefs on the spot. To put it simply, liquidation isn't the worst pain of losing money—it's losing your ability to choose how to lose.

Recently, everyone has been talking about social mining, fan tokens, and the "attention equals mining" concept. It looks to me like a neon sign for a new casino: lively and bustling, but the red line won't move just because you're posting frequently... Anyway, near the liquidation line, I only do one thing: make sure I don't let the system make decisions for me.