Lending positions feeling like only "three steps" away from liquidation, really more suffocating than queuing for minting... I usually don't hold out stubbornly, I do three things first: write down the health/liquidation price in a memo and keep an eye on it, add a little margin if possible (don't go all-in at once), and then decisively reduce leverage, even if it means closing the least desirable position first, just to stay alive. Honestly, liquidation is the system helping you "stop loss," but it does it way more harshly than you would.

Recently, there's been talk about increasing taxes and regulation in certain regions, tightening and loosening unpredictably, causing deposit and withdrawal expectations to fluctuate even more. Now I prefer to keep more stablecoins as ammunition rather than get liquidated when I can't transfer out on the chain. Anyway, I get anxious too, but when you're really close to the red line, you still have to slow down... What do you usually choose as your third step?