I now have a small habit when watching lending positions: when it feels like there are only "three steps" left before liquidation, don't force it hard, start moving your hands. The first step is to hold your mindset, don't think "just one more bounce and it'll be fine," honestly, liquidation is just the system stopping your loss, it's quite cold-hearted. The second step is to quickly reduce leverage: add some collateral or pay off part of the debt, choose a method you can sleep peacefully with, don't go all-in with margin and add collateral at once. The third step is to clearly write out your plan: if it drops to a certain point, I will reduce to a certain level; if it drops further, I will close the position directly, to avoid panicking and making reckless decisions. Recently, the airdrop season has made everyone feel like clocking in at work, the task platforms are becoming more strict and competitive, and I instead want to draw the risk boundaries first... take it slow, just stay alive. If you also often feel pressured by K-line charts to make decisions, you can really consider pulling the liquidation line further away.

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