In the past, whenever I saw the liquidation line just three steps away, my first reaction was: Hang in there a bit longer, the market will eventually give me a way out... The result was that I was thoroughly educated by the market. Now I’m more cautious, and when I get close to the red line, I do three things first: stop dreaming, figure out how much longer I can hold, and then immediately reduce leverage / add some margin, even if it means earning less, at least I won’t get pierced by “a single needle.”

Honestly, liquidation isn’t losing money; it’s losing your right to choose. Especially recently, the Level 2 folks are arguing every day about TPS, fees, and subsidies—things look lively on-chain, but when it’s lively, it’s easiest to get itchy and open too much... For someone impulsive like me, I need to set a “calm line,” and when I approach it, I automatically pull back. I can still chase after good-looking NFTs, but borrowing and lending? Forget it, life is more important.