[GreenKeys] eBay

W2HX w2hx at w2hx.com
Sat Dec 10 13:45:31 EST 2011


Bidding early is showing your hand in a competition. Why show your hand?
Sniping gives your competitors no time to react. I too have done
significantly better and for less money with sniping. It's the only way to
fly (for me)

 
73 Eugene W2HX
 -----Original Message-----
From: greenkeys-bounces at mailman.qth.net
[mailto:greenkeys-bounces at mailman.qth.net] On Behalf Of Peter Gottlieb
Sent: Saturday, December 10, 2011 1:42 PM
To: Green Keys
Subject: Re: [GreenKeys] eBay



On 12/10/2011 1:28 PM, Richard wrote:
>
>
> Aren't we all forgetting that it's the HIGHEST bid that wins, no 
> matter what time it was placed?

Of course, but that ignores the effect of psychology.  Before I went to
sniping I lost many auctions where someone kept bidding until they beat me.
This "must win" mentality is what has led auctions to get to absurd prices.
So for me, I still bid the maximum I would be willing to pay, but I do it
via snipe.  If the price has risen to over that amount, I lose.  But I find
myself winning a lot more auctions now.  When I first started sniping I had
a rather large list of items I was trying to get.  
I got them all via sniping for far less than I had been budgeting using
regular bidding.  Anotherwords, I was buying items at a rapid pace for
prices which had consistently been insufficient previously.
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