When the lending position is only “three steps” away from the liquidation line, I usually don’t try to look calm first—I switch off the screen for a second… then follow these steps in order: first reduce leverage (repay a bit / withdraw part of the collateral—either works) to move the red line farther away; then put the reserved “bullets” somewhere on-chain where you can top up at any time, and don’t stash everything in that awkward situation of cross-chain locking / waiting for confirmation; finally, set the reminder price tighter—don’t count on watching the market to beat the needle at 0:00 a.m. In short, liquidation isn’t just about losing money—it’s the system forcing you to be sold at the worst possible price. Recently, a bunch of new L1/L2s have been offering incentives to pull up TVL, and everyone complains about “mining, withdrawing, and selling,” but I feel this way: in times like this, volatility is like a toaster that keeps flipping between hot and cold—don’t chase that little bit of fees; save your life first, then have breakfast.

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