Originally Posted by CycleBiker
Only morons bid up the price before the auction ends.
If you are not around to bid then auctionstealer will bid for you in the last 10 seconds.
One approach to bidding is to set one's highest price, then bid once. This helps prevent emotional bidding such as what may occur when the bidding clock is near the end. It is possible that the one bid placed could trigger automatic increases, thus it may appear to be a bidding war early.
Is it moronic to set one's highest price and bid early so as not to get encumbered within an emotional bidding war?