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Just now, my phone popped up a red dot warning of liquidation again.
My first reaction wasn't to add funds, but to open the spreadsheet first...
When I'm three steps away from the red line, I usually do three things first:
Break down the loan position into "repayment priority," paying off the most expensive interest first;
Move or reduce the most volatile collateral (to be honest, don't expect it to be stable);
Then leave some "sleeping" space above the trigger price, even if it means earning a little less.
In situations where the blockchain is congested and prices drop sharply, adding margin sometimes only delays liquidation.
By the way, recently NFT royalties have been a heated topic. It seems similar:
Creators want predictable income, the market wants liquidity, and in the end, both sides have to admit there's no perfect solution—only choosing the side that can survive longer.
That's all for now, I'll review again tomorrow.