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In the past couple of days, I noticed myself starting to think "nothing will go wrong" again... To put it plainly, things like oracle price feed delays are hard to notice normally, but when there's a big fluctuation, it becomes deadly: you think the price is still there, but the system has already calculated risk based on the "old price," and the liquidation line is secretly moved a little closer to your feet. The most frustrating part is reacting half a beat too late—you want to add margin or reduce your position, but the on-chain price hasn't updated yet, and the operation feels like chasing a shadow.
My current approach is very simple: avoid leverage if possible; if I must use it, I leave a thicker safety cushion—prefer to earn less, at least to avoid being hit by delayed education. By the way, I’ve been thinking about the recent NFT royalty dispute—everyone is arguing whether it should be mandatory or not, but the underlying friction in trading (delays, slippage, liquidation triggers) is what really messes with people's mindset... Anyway, the more the market argues, the more I want to stay calm and keep a low profile—first and foremost, to survive.