Hello, my name is Mike, and I have an addiction... I'm addicted to Ebay.
It's true! What a great site. Anything you'd ever want to buy, you can find it there. I've bought everything from coins to dvds to baseball tickets. I check it out pretty much every day to see if there are any good deals.
The trick to bidding is, you don't want to bid on anything until the very last second. It cost me a good chunk of money to learn this lesson. Many times, I'd find an item that I really wanted, so I'd bid on it days before the auction ended. Somebody would most often outbid me. So I'd outbid them, then they'd outbid me, and on and on until one of us would win and the price was driven much higher that it ever should have gone. These days, I don't bid on anything until there's less than 10 seconds before the auction ends. This accomplishes two things - it doesn't drive up the price by bidding and outbidding, since you're only bidding once, and it also doesn't allow anybody else to outbid you, as right after you bid, the auction ends. I look back at all the stuff I bid on in the past, and wonder how much I'd have saved had I learned this earlier.
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I used to come home after buying a bunch of stuff on sale and after gushing about how much money I had 'saved' I would almost always hear, 'You would have saved a lot more if you hadn't gone shopping.". So imagine how much money you could have saved had you never found ebay! LOL. I just discovered how much fun it is to SELL things on ebay!
Yeah, I learned that a long time ago! I don't buy much on e-bay, but, I never bid until there's less than a minute left...if it's a common item, I will wait longer.
It's amazing how many people will pay more than you can just go buy it locally because they get caught up in the action!
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