On the liquidation line for lending and borrowing, when I’m about three steps away from the red line, I usually stop first—I don’t add to my position, and I don’t act tough or “die-hard” about it. I check my position and my collateral ratio clearly before I do anything. If I can add a bit of margin, I add some; if I can’t, I cut a bit of the position. I’d rather look ugly than stubbornly hold on—think of the fees as buying yourself a moment of clarity. Lately, everyone’s been talking about collateral unlocking and a token unlock calendar. Once the anxiety from sell pressure hits, it’s even easier to get jittery and slip up. So I just raise the alert line a little—I don’t wait for the system to make the decision for me. To put it plainly, what I fear most isn’t just losing money; it’s losing control—if I don’t even know whether my position will get liquidated in the next second, my mindset falls apart. For now, even if the hot soup is tastier, I still have to test first whether it’s too hot.

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