When the liquidation line is just three steps away from the red line, I usually don't think about "whether it will reverse" first. I treat the position as if it could be liquidated at any moment: immediately add some margin, or pay back part of it first. If I can push the line further out, I do it—preferably earning less. To put it simply, liquidation isn't about losing more or less; it's about losing your right to choose.



Actually, recently, with the extreme funding rates, the group has started arguing whether to reverse or continue squeezing the bubble. I, for one, don't follow that sentiment... I only do two things: review the authorization, collateral, and loan details to make sure there are no messy contracts; and slow down the signing process—avoid clicking links if possible. The more "firefighting" is needed, the more phishing attempts come to stir up trouble. For now, surviving is more important than guessing right.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin