That liquidation threshold in lending is really... Usually it seems pretty far away, but when waves of volatility hit, suddenly there are only "three steps" left. My current habit is: first, lower my expectations, don’t think "just hold on a bit longer and it’ll rebound," instead, it feels more relaxed. Then immediately do two small things: either add some margin (just to buy myself more time), or directly reduce my position to lower leverage—preferably earning less rather than being liquidated by the system with a single click.

Lately, there are always people watching on-chain large transfers and unusual activity in exchange hot and cold wallets, calling it "smart money," right? I also glance at them, but honestly, they’re more like emotional amplifiers— the more you look, the more likely you are to get shaky hands. When I’m three steps away from the liquidation line, I stop guessing what others are going to do. I first pull my own line further back, so I don’t let liquidation decide for me. That’s it for now.