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I now have a habit when watching lending positions: when there are "three steps" left before liquidation, don't think about holding on first.
Step one: bring the collateral ratio back to a safe zone, even if it means earning less;
Step two: prepare the repayment currency, don't switch it at the last minute (slippage + emotional reactions can cause issues);
Step three: turn on the alerts, when the network is congested, being quick won't help.
Recently, there are always people watching large on-chain transfers and abnormal movements in exchange hot and cold wallets, calling it "smart money."
Honestly, it looks quite lively, but I'm more concerned whether that sudden fluctuation will push me to the red line, because liquidation bots don't care whether you're caught up with the story or not.
Anyway, after once falling into a pit, I accepted it: I’d rather reduce leverage early and sleep peacefully...
That's it for now.