Just talked to someone about lending liquidations. In the past, I always thought I was three steps away from the red line, so there was really no need to rush—until one time I watched the liquidation line inch closer step by step, and I was flustered trying to top up collateral, while also paying a lot more in fees. Now I’ve learned my lesson: as soon as I’m three steps away from the red line, I start slowly reducing my position or adding some collateral—no waiting until the final step. By then, even canceling orders wouldn’t be in time. Lately, the rumor is tight around deposits and withdrawals. Some friends say exchanging currencies has become more and more troublesome, and it’s getting people’s nerves a bit frayed too. That sounds about right: keep more buffer before the red line, so you don’t have to wake up in the middle of the night to do operations. My wallet is basically full of dust; I’ve paid enough tuition. I’d rather earn a little less than touch that landmine.