For items I really want, I move into the high bidder position either when the extended session begins, or quickly thereafter. Two reasons:
1. If nobody else bids, it shortens the time I have to wait to know I've secured it.
2. If I do get outbid, I want to see if my competition is playing nice. If they do, by bidding within about ten minutes, that's fine and if I'm not over my self-imposed limit, I will reply in kind. But if someone waits 29 minutes to outbid me, then I will do the same to them.
For me, the anticipation of a good upcoming auction, and then playing it out, is where the fun of the hobby is. Sitting around looking at my stuff is pleasant, but not exciting.
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