Quote:
Originally Posted by vintagesportscollector
Fair question Travis - but you make it sound so easy...”figure out the highest amount you are willing to pay and no more..”. David addressed it well in post #48. I thought $111.11 was my highest and would easily win the item. Given the opportunity to bid another $1, I did. Since we were tied I knew the next increment would/could win it. I only bid the next minimum increment. Would I have gone to $120?...NO. I had the opportunity to get the item for another small increment and I decided to do it. Most people would…even you I bet.
Think of every item you have lost on ebay that you really wanted….now, think of this…after each time you lost someone tells you you can win it if you pay another $1. Would you say no?? Bullshit – of course you wouldn’t. You would throw in another $1 much of the time, going over “the highest amount you are willing to pay and no more..”. If you say you wouldn’t then I think you are lieing to yourself.
It’s all emotions, the thrill of the chase, yada yada yada…it happens to ALL of us.
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it is easy, you are making it way too hard. when you make your initial bid, think about the max you are willing to pay, then think about what would happen if someone else wins it for 1 dollar more, and how you would have been willing to pay another 1 dollar more than that. Then you have NOT thought about your max bid, think about this process happening over and over and over again, and think about the highest, most ridiculous price being bid for this card, to the point where you say "that's enough, i just wont pay 1 more penny"
Then, and ONLY then, have you come to your max bid in your own mind. put that price down at the beginning of the auction and you don't have to worry about anything. There is always someone that might bid another dollar, it doesnt mean HIS max bid was only 1 dollar more than yours, you dont know how much more he might have ridiculously bid in order to win the item. I think people have regrets when they see that someone else got the item for only 1 dollar more than their max bid, but in reality the other guys max bid might have been way higher than yours.
So you don't have to sweat it, just think about the amount you would be willing to pay and not 1 penny more even if someone had a gun to your head, so to speak. It IS that easy, It's not hard.