When the borrowing position is just three steps away from the liquidation line, I basically stop wrestling with myself. To put it simply: push the “red line” farther away first. Either add a bit of margin or reduce leverage a little, cutting the position down to a level where you can actually sleep at night. Don’t wait until a big transfer on-chain happens, or until the exchange’s hot and cold wallets move—then you start mentally scripting “smart money is coming in/going out.” That kind of emotion is the easiest way to get people to make incorrect add-on positions.

In practice, I’ll usually split the repayment or the margin top-up into two or three times, leaving a little buffer so I don’t regret a single large action afterward. After all, with borrowing, living through it longer matters more than guessing the right direction just once. Pull yourself back from the brink of liquidation first.