There are only three steps left before liquidation, and you're still thinking "wait a bit longer, it might rebound"? I usually first suppress my emotions at this point: lower leverage, add some margin, or directly reduce my position, even if I lose some fees, it's better than being passively liquidated. To put it simply, near the red line, you're not trading; you're racing against the system's timer. By the way, recently hardware wallets have been out of stock, phishing links are everywhere, and the more anxious you are, the easier it is to click the wrong thing... I now prefer to go a bit slower, double-check the address twice, and avoid authorizations if I can. Anyway, surviving is the only way to see the next cycle of reflexivity.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin