Crypto-Mugs. Do these legends exist and who has them? - Collecting Tiki

T TIKIGIKI Tiki Socialite Australia Joined: Aug 18, 2022 Posts: 452	T TIKIGIKI Posted posted on Tue, Feb 28, 2023 1:51 PM in reply to swizzle It just doesn't work that way swizzle, whether you may think it's a "load of rubbish" or not. I'm guessing that you do not do much business on the 'Bay? Experience shows that placing your "highest" bid on a highly desirable item the moment the auction goes live is just asking to be outbid. You're assuming no one else will see that and decide to better you. There's probably a week to go before the auction closes. That's plenty of time for others, (including some unscrupulous owners) to outbid you, thus forcing you to go even higher than your first supposedly highest bid. Only lousy poker players give away their hand at the very first deal! I see so many bidding wars taking place days before the auction closes, and invariably somebody else swoops in at the last second and gets the item, leaving those who were so valiantly trying to outbid each other earlier in the week really only raising the price against each other. And they have literally placed their highest bid there for you to see. Yes, there can be "hidden" bids, but it becomes obvious if that is the case because each time another buyer bids, it then gets automatically outbid immediately. (You can constantly track the bidding by clicking on the bids and it shows you the history and numbers of the individual players) This is the clue to make an even bigger bid in the last ten seconds if you REALLY want the item. ***NOW HERE'S THE IMPORTANT BIT! It's vital to remember that on eBay, it's NOT the highest amount bid that has to be paid at the close of the auction. (Unlike at an auction house!) It's just one dollar over the previously highest bid. So if an item is standing at say $156 dollars, you can bid $280, or even $300 at the very last moment and you will still get the lot for just $157.00. YOU DO NOT PAY YOUR HUGE BID! That's what those in the know exploit. So many people fail to realise this. [ Edited by TIKIGIKI on 2023-02-28 13:58:59 ] [ Edited by TIKIGIKI on 2023-02-28 13:59:53 ]

It just doesn't work that way swizzle, whether you may think it's a "load of rubbish" or not. I'm guessing that you do not do much business on the 'Bay?

Experience shows that placing your "highest" bid on a highly desirable item the moment the auction goes live is just asking to be outbid. You're assuming no one else will see that and decide to better you. There's probably a week to go before the auction closes. That's plenty of time for others, (including some unscrupulous owners) to outbid you, thus forcing you to go even higher than your first supposedly highest bid. Only lousy poker players give away their hand at the very first deal!

I see so many bidding wars taking place days before the auction closes, and invariably somebody else swoops in at the last second and gets the item, leaving those who were so valiantly trying to outbid each other earlier in the week really only raising the price against each other. And they have literally placed their highest bid there for you to see. Yes, there can be "hidden" bids, but it becomes obvious if that is the case because each time another buyer bids, it then gets automatically outbid immediately. (You can constantly track the bidding by clicking on the bids and it shows you the history and numbers of the individual players) This is the clue to make an even bigger bid in the last ten seconds if you REALLY want the item.

***NOW HERE'S THE IMPORTANT BIT!

It's vital to remember that on eBay, it's NOT the highest amount bid that has to be paid at the close of the auction. (Unlike at an auction house!) It's just one dollar over the previously highest bid. So if an item is standing at say $156 dollars, you can bid $280, or even $300 at the very last moment and you will still get the lot for just $157.00. YOU DO NOT PAY YOUR HUGE BID! That's what those in the know exploit. So many people fail to realise this. [ Edited by TIKIGIKI on 2023-02-28 13:58:59 ]

[ Edited by TIKIGIKI on 2023-02-28 13:59:53 ]

Post #808148 by TIKIGIKI on Tue, Feb 28, 2023 1:51 PM