Originally posted by disneysteve
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By keeping the cost down till the last minute to bid, there is a better chance one can afford it.
For example if I wanted an Item and I went ahead and put in a bid a day prior to the auction ending, there is a very high chance someone else is going to want to outbid me. This means I would have to bid again with a higher price going back and forth. Again this is what the seller's want but not what the buyers want. Buyers want to buy things at the lowest price they can get the item for. It just seems that everyone on watch has the same idea.
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