That liquidation line in lending, really just three steps away from the red zone, my first reaction now isn't "hang in there a bit longer," but to reduce my position to a level where I can sleep peacefully... In the past, I would watch the health indicator flicker, getting more anxious the more I looked, until the last spike caused a direct explosion. Now it's quite boring: add some margin, reduce leverage, set up automatic repayments/stop-losses, and conveniently turn down the alerts so I don't get emotionally triggered by liquidations.

By the way, I've also grown tired of the recent arguments over privacy coins and mixing compliance. Honestly, the more blurred the boundaries are, the stranger the on-chain liquidity and risk transmission become, and the liquidation cascade hits more suddenly... Anyway, I’d rather earn a little less interest than gamble near the "theoretically safe" line. That’s all for now.