That liquidation line in lending is really... It doesn't seem close during normal times, but when the market suddenly swings, it feels like the subway doors are closing right in your face. When I'm three steps away from the red line, I usually stop first to avoid adding to my position and betting on "just a slight rebound," because the more you get caught up, the easier it is to get liquidated.

Then I do two things: either add some margin to pull the line further away (even a small amount, just to breathe), or simply reduce my position / pay back some, because admitting defeat is better than getting wiped out. Especially recently, with extreme funding rates, people in the group argue about whether to reverse or keep squeezing the bubble. After listening, I just want to say: for someone like me who takes a laid-back approach to collecting profile pictures, if I can't handle it, I shouldn't force it... Survive first, then I can buy the next outrageous profile picture.