Last night, I was watching my lending position and realized the liquidation line was just three steps away from me. My palms started sweating... Honestly, at this point, don’t think about “holding on a little longer until it rebounds.” Usually, I cut the most vulnerable part first: paying off some debt, adding a bit of margin—anything to just move the liquidation price further away, instead of competing with on-chain bots for speed. Then I swap the collateral for something less volatile, don’t put everything into a coin that can bleed out with a single needle prick, especially when the market suddenly swings, as slippage and congestion can wipe you out instantly.



There’s also a small trick: prepare your available funds and transfer routes in advance, don’t wait until the red line hits and find yourself stuck queuing on a certain chain. Recently, the community has been arguing about privacy coins, coin mixing, and compliance boundaries. I also find it overwhelming, but regardless of stance, when liquidation hits, the chain only recognizes rules, not emotions... Anyway, I’d rather earn a little less and stay alive first.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned