I’m the type who talks tough every day and loves to make jokes, but the moment my lending position gets close to the liquidation line, I snap right back to reality instantly: when you’re three steps away from the red line, don’t think about “holding on a little longer”—first, take leverage as a joke and reel it in. Usually, I’ll calculate clearly how much safety buffer I’m actually lacking; if I can add collateral, I add a bit. If I can’t, then I honestly reduce my position / repay part. I’d rather make a little less than get kicked out by the system with a single click.

Of course, some people like to pray for a rebound, and I get tempted too… but then I think again: especially recently, that one mainstream public chain is about to upgrade / undergo maintenance. Everyone in the group is already guessing whether the ecosystem might migrate. A lag on the chain or a price gap can happen—**liquidation doesn’t care about your emotions**. In any case, my current rule is: if you can adjust proactively, don’t wait for passive liquidation. Laugh if you want, but don’t treat your position like a joke.