I used to think that as long as the loan was still far from the liquidation line, I could just leave it be.

But when it really gets to “three steps away from the red line,” people will panic so hard their hands start to shake…
Now I set myself a simple, dumb rule: first, pause everything—no more adding positions and no more high-volatility operations. Don’t give my positions any new variables.
Then, prioritize topping up margin / repaying part of the debt, pulling the health level back into the range where I can sleep at night. I usually would rather repay a bit more than bet on a rebound.
Only after that do I consider swapping to more stable collateral, or just reducing positions and bailing out.
In any case, liquidation isn’t a “possible loss”—it’s “the system helps you lose,” and that’s the cruelest part.

By the way, looking at recent chain games where you get an inflation spiral plus studios churning through to drive coin prices down, it also reminds me: don’t expect the market to give you time—when things really go wrong, it’s all it takes for you to step right through.
I’m the same way about cross-chain bridges; if the patches aren’t up to date, I’ll touch them less. That’s how I do it—just for now.