Recently, someone has been watching large on-chain transfers and fluctuations in exchange hot and cold wallets, shouting "Smart money is coming." I almost got the itch to join in... Basically, it's just fear of missing out. Seeing others interpret it so convincingly, I can't help but want to get in. But then I looked back at my own spreadsheet and realized that what's even more dangerous is the delay in oracle price feeds: you think the price is still there, your position looks safe, but in reality, the on-chain quote is lagging behind, and the liquidation line might have already been quietly hit. By the time you realize it, it's too late—"How did I get taken out?" Now, I prefer to lower my leverage a bit and also check the protocol's price feed frequency/source, so I won't blame the market later, but rather myself for trusting the "real-time" data too much. That's all for now; I’ll keep filling out the spreadsheet.

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