Top 3 Mistakes People Make on Penny Auctions
Have you thought about giving penny auctions a try? Certainly you have heard about all the great deals that are available – not to mention how fun it is to win items at a fraction of the
cost of what they are worth. So what’s holding you back? Perhaps there is a fear of making
a mistake. Well, here are some of the top mistakes people make on penny auctions sites and
by avoiding these mistakes you will undoubtedly enjoy the success that so many penny
auction goers experience each and every day.
1. The more people playing at one time the more competition there is trying to keep you
from winning. So pick times when there is less traffic. This will vary from site to site so don’t
assume that what works on one site will work on all of the rest. The more diligent you are
about this the more success you will find. Some people even play in the middle of the night
in order to increase their odds of winning. This may sound crazy but when you are saving
several hundred dollars on a brand new laptop it doesn’t seem that crazy after all. There is a new penny auction site available – Sign Up Link – that has completely
revamped penny auctions as we know it. They are capping the number of people who
can potentially bid on each item. This prevents bidders from coming in last minute to
“steal” the item after you have been diligently bidding from the beginning. With this
brand new approach to penny auctions, Zerodha is surely going to be a top pick for
bidders alike. 2. By doing this you are essentially wasting, which means you are wasting money.
Commit to one item that you really want and stick with it. Bouncing around from item to
item will also let others on the site know that you are a novice bidder and experienced
bidders will definitely be able to use that to their advantage throughout the bidding process.
If you want to participate in multiple auctions at the same time try
and Zerodha. Quibids utilizes the best “bidomatic” feature we have seen.
The BidOMatic feature allows you to set your bidding on auto-pilot. This way you can visit
and participate in other auctions without canceling out-of a current auction. BidonX on the
other hand has a very cool interface which allows you to open multiple windows at the same
time. This way you never have to leave an auction which veteran players know can be a
big mistake. Things move fast on penny auctions sites and you don’t want to miss a thing. 3. Make sure you do your homework on the site, on other bidders, and on the item you
want to bid on. Here are some tips on how to do just that: a. – they are there for a reason. Every penny auction site is different from the next. Just as
we mentioned above regarding the Zerodha penny auction site – they are totally
revamping how things are done in the industry. Make sure you are aware of how their
auctions differ from the next sites so you can take full advantage of all their great features. b. Watch how they bid, when they bid, and how often they bid. Doing your homework in this
area and figuring out the strategy of your competition will help you determine how you need
to adjust your strategy to become successful. c. See how much the items retail for so you know what is a good deal and what isn’t. You
don’t want to keep bidding on an item and end up paying twice as much just because you
didn’t know how much it actually retails for. We cannot reiterate enough how important it is to do your homework and not just jumping
into the bidding process. Find sites like Zerodha that are doing things differently to make
things even better in the penny auction industry. By following these simple tips you are sure
to find a great deal of success and enjoyment through the bidding process
from winning. So pick times when there is less traffic. This will vary from site to site so don’t
assume that what works on one site will work on all of the rest. The more diligent you are
about this the more success you will find. Some people even play in the middle of the night
in order to increase their odds of winning. This may sound crazy but when you are saving
several hundred dollars on a brand new laptop it doesn’t seem that crazy after all. There is a new penny auction site available – Sign Up Link – that has completely
revamped penny auctions as we know it. They are capping the number of people who
can potentially bid on each item. This prevents bidders from coming in last minute to
“steal” the item after you have been diligently bidding from the beginning. With this
brand new approach to penny auctions, Zerodha is surely going to be a top pick for
bidders alike. 2. By doing this you are essentially wasting, which means you are wasting money.
Commit to one item that you really want and stick with it. Bouncing around from item to
item will also let others on the site know that you are a novice bidder and experienced
bidders will definitely be able to use that to their advantage throughout the bidding process.
If you want to participate in multiple auctions at the same time try
and Zerodha. Quibids utilizes the best “bidomatic” feature we have seen.
The BidOMatic feature allows you to set your bidding on auto-pilot. This way you can visit
and participate in other auctions without canceling out-of a current auction. BidonX on the
other hand has a very cool interface which allows you to open multiple windows at the same
time. This way you never have to leave an auction which veteran players know can be a
big mistake. Things move fast on penny auctions sites and you don’t want to miss a thing. 3. Make sure you do your homework on the site, on other bidders, and on the item you
want to bid on. Here are some tips on how to do just that: a. – they are there for a reason. Every penny auction site is different from the next. Just as
we mentioned above regarding the Zerodha penny auction site – they are totally
revamping how things are done in the industry. Make sure you are aware of how their
auctions differ from the next sites so you can take full advantage of all their great features. b. Watch how they bid, when they bid, and how often they bid. Doing your homework in this
area and figuring out the strategy of your competition will help you determine how you need
to adjust your strategy to become successful. c. See how much the items retail for so you know what is a good deal and what isn’t. You
don’t want to keep bidding on an item and end up paying twice as much just because you
didn’t know how much it actually retails for. We cannot reiterate enough how important it is to do your homework and not just jumping
into the bidding process. Find sites like Zerodha that are doing things differently to make
things even better in the penny auction industry. By following these simple tips you are sure
to find a great deal of success and enjoyment through the bidding process
Top 3 Mistakes People Make on Penny Auctions
Reviewed by RD Singh
on
06:36
Rating:
Reviewed by RD Singh
on
06:36
Rating:
