GateUser-53a6e1a8

Recently practicing viewing options as "tentacle timers": the buyer holds a melting candle, with time value decreasing every day, and if the market isn't fierce enough, it gets slowly eaten away; the seller is like collecting rent, usually pretty comfortable, but once there's big volatility, the tentacles get tangled, and losses become unreasonable. To put it simply, who does time favor? It favors those who can endure, but enduring doesn't mean being stable.
Lately, hardware wallets are out of stock again, and phishing links are everywhere. It feels like whenever the market gets tense, people

Short-term strength is fine, but don't forget to exit when the structure breaks; discipline is more important than direction.

Right now, looking at borrowing and lending positions feels like watching octopus tentacles entangled: the more they connect, the harder they are to untangle. When the liquidation line is just three steps away from the red line, I usually stop gambling on luck with myself and cut off the most vulnerable tentacle first—either add some collateral or repay a small portion of the debt to create some breathing room for health. If I really don’t want to add to my position, I lower leverage, even if it costs a bit in fees, it’s better than being wiped out in the middle of the night.
Another small hab

No rebound, no increase in volume; treat it as a weak consolidation, and first respect the trend.

When the lending position is just three steps away from the liquidation line, I usually stop gambling on my luck.
The first step is to pull back the tentacles: reduce leverage / lower the position size, don’t let the protocol’s parameters confuse you;
The second step is to set up good alerts, on-chain alerts are really fast when triggered;
The third step is to think clearly if you can sleep through the worst-case scenario… if not, cut the position down to a level where you can sleep.
Lately, the NFT royalty disputes have been quite intense, and it’s similar—everyone wants to have it bo