When it comes to lending and borrowing, the most dangerous moment is when the liquidation line is just three steps away, and the worst part is thinking "I'm just a little bit away from safety." I usually treat my position as if it’s already about to be liquidated: either add some margin (small amounts, multiple times), or simply reduce leverage and cut off the most volatile part, don’t expect a rebound at the last moment to save you. Another habit of mine is to move the warning price further out, so you don’t wait until on-chain congestion or borrowing rates spike, making it impossible to act in time.

Recently, a bunch of new L1/L2s have been offering incentives to boost TVL, which looks lively, but as more "mining and selling" happens, the volatility becomes like an undercurrent—appear stable on the surface, but secretly pushing people into the water... Frankly, the more this happens, the less I want to hang myself on the liquidation line.

Next time, I might set a rule to automatically reduce my position when it’s five steps away from the red line