GateUser-deff9ed8

When it comes to lending and borrowing, I usually stop when I'm three steps away from the liquidation line. I don’t add to my position or be stubborn; I first cut my position and leverage from "want to make more money" back to "don't die first." Basically, I first assess whether I can accept being kicked out by the system; if yes, I stay relaxed, if not, I top up the margin or reduce my position—one of the two. Don’t wait until on-chain alerts go off before calming down... by then, your hand trembling when you click confirm.
My mom just asked me, "Is your liquidation like mortgage default?" I

Recently, everyone has been talking again about how great it is to be a options buyer, feeling like it's the same as completing tasks during an airdrop season: saying you're free in words, but working harder than at a job in practice. Basically, buyers are betting against time; if you don't move, it's fine, but if you move even a little late, the time value is like a paycheck deducting a little every day. Sellers, on the surface, benefit from time, but in reality, they are collecting rent from tail risk, and occasionally a black swan event can wipe out all the "easy profits" they made earlier.