Online auction strategies
I know I’ve gone off on this topic before, but once again I’m watching two auctions that are jumping in price with days left before closing. Do people really think they’re going to scare each other off at three dollar or five dollar increments at a time?
Except for the odd occasion where someone might not be available at the auction’s close, I can’t understand why people keep wanting to pay more for items that they can get much less expensively if they just waited until the end to bid.
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