I almost copied the wrong address for topping up the margin just now... After clicking confirm, my palms were sweating. Luckily, I found it before sending it out on-chain—what a close call. Also, I need to remind myself: when the liquidation line is still three steps away from the red line, don’t think about “waiting and seeing”—do the actions you can take first.

I usually focus on three things: first, reduce the leverage a bit / pay back part of it, even if it’s a small amount is fine; second, move the collateral to something more resilient to drawdowns (at least then I can sleep more soundly); and last, tighten the warning threshold—if my phone can wake me up, that’s enough. Those on-chain tags and data tools have also been getting criticized lately for being laggy, or even being able to mislead people. To be blunt, sure, you can look, but don’t treat them like a lifeline. When it really comes to extreme volatility, your own positions and trading speed are still the most reliable. That’s it for now—let’s take fewer chances.