Recently, many large companies have been undergoing massive restructuring, and many people have been "graduated" overnight. This reminds me of a very practical question—what to do if you suddenly lose your job and have fixed expenses like a mortgage and tuition fees?

People in the crypto space are actually very sensitive to this kind of risk. The worst thing is not the shrinking of account balances, but being forced to sell during the most critical moments. You know very well that the current cycle's bull market hasn't truly arrived yet, and the crypto assets in your hands have great potential. But once cash flow issues arise, even the strongest conviction has to compromise. Watching prices soar while being forced to sell early and miss out—that kind of regret can torment you for years.

So I’ve been looking for ways to break this dilemma—ways to retain assets to participate in the subsequent rise, without being forced out due to financial pressure. Later, I found that using lending protocols to solve this problem is actually very clever. I collateralize my crypto assets to borrow out USD1 stablecoins, which provides enough liquidity to support my household expenses for half a year. Not a single penny is truly "spent"; it’s just borrowed and used.

The brilliance of this arrangement lies in its flexibility. If I lose my job, I have cash flow to tide me over and don’t need to rush to repay. When I find a new job, or if the assets appreciate, or when the bear market passes and the bull market truly arrives, I can slowly repay. The interest rates are also low enough to be negligible. The key is—my core assets are still there, and the opportunity to double their value remains. As long as my chips aren’t scattered, the possibility of a life turnaround is always open. This ability to cross cycles and handle uncertainty is more valuable to me than any insurance.