That liquidation threshold, when you're really three steps away from the red line, I usually stop being rational. First, prioritize whether I can fall asleep... Basically, there are three things: either add margin to pull the line further away, or reduce position size to lower leverage, or simply admit defeat and close out, don’t try to reason with on-chain bots. The worst is being stuck on “wait a bit longer,” and then a single needle prick causes everything to be liquidated.

I usually start by reducing my position a little to slow down my heartbeat, then see if I need to add margin; if I do, don’t go all-in at once, or the market might shake again and make you panic. I talk about stop-loss/stop-profit every day, but when it’s my turn, I tend to be soft. Anyway, writing down a bottom line in advance is more reliable than pretending to be calm in the moment.

As for recent things like tax compliance and such, honestly, my reaction has been pretty slow. At first, I thought it didn’t have much to do with me... It wasn’t until deposit and withdrawal became suddenly troublesome that I realized emotional expectations are more impactful than the news itself. That’s it for now, don’t see liquidation as “bad luck,” it’s just math.