That liquidation line in lending is really not something you can just "tough it out and get through"... When I'm three steps away from the red line, I usually stop first, don't leverage more or add to my position to hold on, and instead look at my positions and collateral: which ones are volatile, which ones have poor liquidity, so that I don't end up unable to sell when the time comes. Then I pay off whatever I can, even if it's just moving the liquidation price a little further out, so I can sleep more peacefully.

If I hadn't been stubborn at the time and had reduced some positions earlier, I wouldn't have been blown out by a single margin call and kept replaying the incident. Recently, everyone has been using ETF capital flows and the risk appetite in the US stock market to explain the rise and fall of the crypto market. Basically, emotions fluctuate quickly, and the most feared thing about the liquidation line is "the market doesn't drop much, but you're taken out by the mechanism first." Anyway, I now prefer to earn less rather than become a contributor to tuition fees again.