There's a name I want that is in an auction, the highest bid right now is $30 but it could go much higher and I only have about $200 to spend on the auction at this time.
Would you bid $40 and go up in $10 increments as necessary or would you bid the $200? This is proxy bidding so the $200 bid would only add $10 to the previous highest bid.
In other words, should I bid all at once or as needed if either way of bidding will only increase the bids by $10?
Would you bid $40 and go up in $10 increments as necessary or would you bid the $200? This is proxy bidding so the $200 bid would only add $10 to the previous highest bid.
In other words, should I bid all at once or as needed if either way of bidding will only increase the bids by $10?
