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What I do is finalize how much I am willing to pay, whatever I can live with, and rarely (if ever) go above that. I find that price out by doing a tiny bit of research compared to how much the item is (retail) and how much the average sale price is in the completed auctions section. I then base my buy price at or slightly below the average the completed auction section. I use a program to then bid for me within the last five seconds of auction ending (using a sniping program).
I rarely, if ever, go back to the auction after I have finalized the price in the sniping program. This ensures that I won?t be tempted to bid more (thus wasting money). If I don?t win the item I?ll just input another one in the sniping program? sometimes I?ll have more than one of the same item if they are ending on the same day and if one of the items wins the others I have cancel themselves so I don?t end up buying more than what I need.
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