Chuck Guzis wrote:
It might make the most sense in online auctions if ALL
bids were snipes.
Simply bid what you're willing to pay for the item and if it's more than
the reserve and higher than any other bid, you've won it by whatever the
bid increment is. That's the way I bid on all of my eBay purchases. When
I place my snipe bid, I say "I'd be willing to pay this much for the item,
after which either I'm not sufficiently interested or I know where I can
purchase the same thing cheaper". There's no stress of seeing if anyone
else has bid more than I. If I want the item badly enough, I'll get it--no
"auction fever".
I do get auction fever, really badly. Sniping is about the only way
I can reliably bid without spending money I don't have. If I make my
bid in the last 5 seconds and it's not enough, there's no way I can get
in another bid. That's a *good* thing.
Oddly enough, I'm a cold fish in realtime auctions. I just don't get
excited when I'm bidding in person.
Doc