I just accidentally copied the wrong address when topping up my margin, and only realized after clicking confirm. My heart almost jumped out of my throat... Luckily, the amount wasn't large, so I quickly withdrew and started over. Also, a reminder to myself: when your borrowing position is only three steps away from the liquidation line, don’t think about “holding on a bit longer,” basically prioritize saving your life—first lower the leverage, even if it means earning less; then swap the collateral for less volatile assets, don’t let emotions be your risk control; finally, keep some spot holdings as “firefighting water,” don’t put everything into the position. Recently, I heard that some regions are raising taxes and tightening regulations, then loosening again, causing deposit and withdrawal expectations to fluctuate. When liquidity tightens like this, liquidation isn’t about whether you’re right or wrong, it’s about whether you can hold on until tomorrow. Anyway, before I vote, I ask who will do the work, and before opening a position, I also ask: if something really happens, who will bear the risk? That’s all for now.

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