I'm the type who picks up the leftovers, and what I fear most isn't big market swings, but rather the situation where the oracle feeds prices slowly—like "it's clearly back but your position is still taking a hit"—the awkwardness... The liquidation line is like a threshold; if the price flashes past it, you might get kicked out. By the time you react, all that's left is a settlement slip. Last night, I was still foolishly refreshing the page and retrying, waiting in line for on-chain confirmation, doubting my life. But when the price feed updated, my position was directly cut in half, and my mood instantly collapsed. To put it simply, don’t think of liquidation as something you can fully control, especially with assets that have poor liquidity. Recently, I’ve been watching the cycle of on-chain games with inflation and studio dumping, which is the same kind of "system is slow, so you go down first." Anyway, I now avoid using leverage if I can, preferring to slowly pick up the scraps.

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
  • Pin