This post is inspired by All GoDaddy auctions occur when I sleep. What can I do? by @newdawndomains - He says this "Even if I put a proxy bid in, it can be outbid in that final hour when it seems there's some last-minute bidding going on. And, this is the case with a lot of domain investors. Putting a proxy bid is like putting a BIN on your domain name - You just don't know if it's right or wrong. And, as a result of putting proxy-bid, investors lose domain names that they could have won had the proxy-bid was higher than the final bid amount. And, if you've put a high proxy-bid - you miss the chance to let it go due to change of mind. So, just share your experience relating to proxy bid - is it worth placing a proxy bid? Or You need to actively monitor auction to give yourself a domain-winning-chance or to let it go.