I've always thought that the most frightening thing about borrowing positions isn't the drop itself, but that you're only "three steps" away from liquidation and still pretending not to see it. My simple rule: first, bring the health factor back to a safe zone, which is most directly achieved by lowering leverage or paying off some debt; second, put aside whether to add to your position for now, and instead diversify your collateral, don't put all your eggs in one highly volatile asset; third, if you're really hovering near the red line, admit defeat and withdraw some, keeping bullets is more important than saving face. I treat complexity as an enemy: within three steps of the red line, I don't make predictions, only reduce risk. By the way, recently hardware wallets are out of stock everywhere and phishing links are everywhere, the tighter your position, the easier it is to slip up and make mistakes... Anyway, I now pause for three seconds before transferring, to clearly check the domain name first.