Beyond watching the charts, you also need to understand this: decentralized lending
When the health factor of a borrowing position on Aave falls below 1, the position can be liquidated by liquidators.
The health factor changes with prices: it falls if the collateral price drops or the price of the borrowed asset rises.
$AAVE is the governance token of the on-chain lending protocol Aave. Current price: 138.89.
Don't trade with borrowed money; your state of mind can lead you to make bad decisions.
#AAVE
When the health factor of a borrowing position on Aave falls below 1, the position can be liquidated by liquidators.
The health factor changes with prices: it falls if the collateral price drops or the price of the borrowed asset rises.
$AAVE is the governance token of the on-chain lending protocol Aave. Current price: 138.89.
Don't trade with borrowed money; your state of mind can lead you to make bad decisions.
#AAVE