Someone asked me if, during a liquidity crunch, I should just go all out and buy the dip... I actually care more about whether I can exit smoothly. When the order book is thin, issues like matching delays, slippage, and failed cancellations immediately turn into real losses, and execution quality directly crushes your emotions. To put it simply, first reduce your position and leverage to a level where you can sleep peacefully, keep some stablecoins or margin as oxygen, and don't force it.

Recently, I’ve been criticized for my approach of pledging, sharing security, and stacking yields—being called a "clone." I can understand: when everyone relies on the same layer of liquidity to survive, a small break causes everyone to cramp. Anyway, my approach is pretty boring—I’d rather earn less than risk my survival on the idea that I can "theoretically" exit. Survive first, then talk about buying the dip.