Hello NamePros Community! I am new to domain auctions. I am currently in a Pre-Release (Private) - Backorder auction for a name I really like to acquire. Currently there are 5 bids and Current Bid is $69. We still have nearly a month to go, but here is my question. What is the best strategy to acquire this domain for least amount? Should I place my bid as high as I can afford or keep it minimum and let the system tell me if I am out bid and then increase my bid (assuming NameJet will inform me if someone out bids me). Or is there any other better strategy? Thank you!