Lending positions are only "three steps" away from the liquidation line, and I really can't sleep... My current habit is: don't rush to add margin when you're emotional, first take a screenshot of the health/liquidation price (to avoid panicking and seeing it wrong), second, immediately calculate whether "adding enough to create some space" or "reducing position is more reassuring," third, move the collateral to a cleaner asset, and don't try to hold on to those that can be wiped out by volatility.


I thought just adding a little would stabilize things, but then gas fees spiked, cross-chain traffic clogged, and my margin call was almost carried out on the spot... Since then, I’d rather reduce a bit in advance than gamble on whether the chain will be smooth or not.
By the way, recently NFT royalties have been hotly debated. Basically, both liquidity and creators want more. It reminds me of the lending line: don’t wait until it turns red to start talking sense, leave some room before the red line, because your life is your own.
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