I now treat borrowing and lending as a “red line warning system”… when I’m three steps away from the liquidation line, I usually stop first—I neither add leverage nor try to tough it out. The first thing I do is think of my position as firewood: don’t add it all at once; first move the bit that’s easiest to get blown away—either add a little margin to pull the line farther back, or simply reduce the position, even if it means earning less, so I can still sleep at night.

To put it plainly, liquidation isn’t about “bad luck.” More often, it’s me setting a ticking time bomb for myself. The recent airdrop season is hot again, and task platforms cracking down on bots make everyone as competitive as if they’re punching a clock at work—I’ve felt tempted too, but I really don’t want to squeeze the borrowing/lending line too tightly just for a few points. In any case, my rule right now is: I’d rather miss the fun than have a single bout of volatility ignite all the firewood. That’s it for now.