I just brewed a cup of coffee, and on the blockchain, the "crash crash" liquidation waterfall has started again. The screen lit up, and I knew I wouldn't be able to sleep tonight...

Let me talk about myself. When my lending position is only three steps away from the liquidation line, I basically stop rationalizing with myself. I do three things first: one, recalculate the debt and collateral to avoid being fooled by the health factor on the interface; two, immediately set aside some gas/fees to be ready for the critical moment; three, either add some collateral or honestly reduce my position, don’t think about "holding on for another K-line." Honestly, being so close to the red line, it’s not about judgment, but about execution speed.

Recently, with all the testnet incentives and point expectations, everyone in the group keeps asking whether the mainnet will issue tokens... I’m actually more worried that people will max out their leverage just to farm points, and when the market shakes, they’ll just turn their points into "liquidation records." Anyway, I’d rather have fewer expectations and wait patiently for the next opportunity.