Lending and borrowing, to put it simply, is like dating the "liquidation line" — the closer you get, the more anxious you feel. My habit is to stop three steps before the red line, not adding to my position, and first break down the holdings: which are purely faith, and which are just emotional bets. Repay what you can, don’t wait for the system to "force you to lose weight"; if you don’t want to repay, that’s fine too, at least move some collateral out to leave a buffer.

Recently, Meme and celebrity shoutouts move attention too quickly, and newcomers are most likely to get excited and treat borrowing as an accelerator, ending up receiving the final baton. Anyway, I’d rather earn less and sleep more peacefully… the market will have another phase, living is the most important. That’s all for now.