In penny auctions you will have three different types of people: the newbies who are feeling their rhythm and do not really have real strategy in playing; the mediocre who may or may not be playing for awhile but have never really mastered the whole idea yet; and the power bidders or the auction whales who have participate at auctions not for the chance to win but they come to claim the prize.
If you are to win an auction, you have to be a power bidder because only then can you ensure a victory; and if you are wondering … Read the rest