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Lending and borrowing, it seems pretty worry-free most of the time, but when it gets close to the liquidation line, people start to get nervous. My own rule is: stop three steps before hitting the red line, don’t leverage more to join the heat; then split up the position, reduce a little if possible, even if it means earning less, sleeping well is more important. If I really have to hold on, I’d rather add some margin to create distance, but only if I don’t mind losing that money, otherwise I’m just holding on with emotions.
Recently, there’s been talk about social mining and fan tokens again, saying attention is a form of mining... I see it like liquidation, basically it’s “the more you watch, the more obsessed,” and in the end, you get educated by the market. Anyway, I’m going back to the cabin mode first, watch the charts less, and leave more room.