Here's the translation into American English:



Lending and borrowing, I’m focusing on one thing right now: when the liquidation line is three steps away from the margin call, don’t think “I’ll hold on a little longer.” Usually, I do two small things first: either add some margin to widen the distance, or simply reduce my position to lower leverage—better to earn a little less than to wait for network congestion and a sudden price spike, because liquidation bots are much faster than you.

Recently, there’s been a lot of attention on pledge unlocks and token unlock schedules, and that kind of “Will it suddenly drop?” anxiety is pretty real. For me, when this kind of uncertainty appears, I leave a thicker safety cushion at the liquidation line—don’t rely on the usual confident range.

I’ll casually check the graph to see if funds are concentrating into exchanges or lending pools. When I see the paths straighten out and liquidity thin, I stop arguing with myself. To put it plainly: when you’re three steps from the margin call, consider yourself already two steps away—save your life first.
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