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These days, I see everyone chasing memes, and some people are ignited by a single comment from a celebrity.
I'm instead focused on feeding prices to the oracle for this small matter...
Honestly, when you're using leverage, liquidation isn't just about whether "the price has reached it," but also whether "the system recognizes the price has reached it."
If the price feed is delayed, two very sneaky situations can occur:
One is you think the price has rebounded, but on-chain quotes are still low, and liquidation still sweeps you out;
The other, more awkward, is that the price has already fallen below, but the quotes haven't caught up. You think you're safe, but at the moment of update, a chain reaction of liquidations happens, like a series of cuts.
Especially when attention shifts quickly, with thinner trading volume and slight fluctuations, delays are more likely to be amplified.
Newcomers really shouldn't take the last hit; there's no time to run.
My current approach is also very simple: keep smaller positions, stay further from the liquidation line, and if I see "weird price differences," I withdraw first, even if it means earning less.
Anyway, what I've learned isn't skills, but to not treat "the price I see" as "the price the protocol will settle at."