Quote:
Originally Posted by Rhotchkiss
This is why I usually bid right when an auction opens. I may place over $1mm or bids within the first hour. By the end of the day, I am high bidder on none of them, but I have preserved the chance to go after all of them in extended bidding. If I wait to long and the price is already higher (like a high staring bid) then I may not do a placeholder at that point bc odds I win it are higher and I am not sure I want to own it.
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Right, I take a similar approach. Plus, it's fun to enjoy that first day when you can fantasize about actually winning stuff for the price of that first bid! 
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