Lately, I've been seeing in the group chats people rushing in over memes and quotes from celebrities. I feel a bit sorry for newcomers… Here's an old but often overlooked point: the liquidation process for contracts/loans, many times it's not that you "judged the wrong direction," but that the oracle's price feed is slow by half a beat.

Simply put, your position is actually already very risky, but the on-chain data hasn't reflected it yet; when the price feed updates, the price jumps like a grid, and the liquidation line is immediately breached, leaving no time for you to add margin. This is especially obvious during high volatility and rapid attention shifts; the final blow often isn't from the price going up or down, but from not having enough time to react. Anyway, I now avoid using leverage if I can, and if I do, I leave a bigger buffer—preferably earning less. Welcome to correct me if I'm wrong.