Quote:
Originally Posted by T_Hamilton
Rookie bidder, but what is the advantage of placing placeholder bids when you can just look at your watchlist the last day and prioritize what you can afford/want and then bid before it goes into extended bidding?
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The earlier you can get your placeholder bids in, the cheaper they are. Technically it shouldn't matter, but it's nice not to have to outbid someone on the last day, which might encourage the top bidder to bid more at the time. I'd rather place my bid early, and then only bid one more time just as the auction is preparing to close. That would be ideal. But, it's all in my head.