Just saw a guy borrow leverage positions—he was only three steps away from the liquidation line, still betting that the market would reverse. It made my blood pressure spike. Plainly put: the closer you are to the red line, the more you can’t just think about adding margin to keep yourself alive. First, check the contracts you’ve authorized—some lending protocols secretly change parameters. One slip and you get front-run. And with the re-staking “doll” setup, while returns stack up, the liquidation chain is also extended—if any one link breaks, everything blows up. Anyway, my own approach is: within 10% of the liquidation line, first withdraw part of the collateral or top up with stablecoins. Don’t wait for the alarm to go off and then scramble. Safety first—don’t make life hard for yourself with your own position. I don’t know how tomorrow’s market will move, but I can at least try to lose less. (Don’t ask me how I know—heartbreak and lessons learned the hard way)

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