Feeling like being three steps away from liquidation when trading positions, just like seeing the delivery guy on a call in the middle of the night: the heartbeat comes first, the mind is still loading… I usually dismiss the thought of “should I hold on or not,” and do three small things first: add some margin / pay off some debt, lower the leverage, and casually send a screenshot of the liquidation price to the group as a memorial (losing money first, prepare some jokes).

To put it plainly, don’t expect the market to reason with you; on-chain liquidation bots won’t be soft-hearted. If you really want to save your position, act quickly—don’t get caught up arguing while those L2 guys are comparing TPS, fees, and subsidies, arguing like a market stall, but liquidation only cares about your red line. Anyway, my current principle is: the closer I am to the red line, the less I can afford to “wait a bit longer.” That’s it for now.