My Advice when bidding on online auctions is to bid responsibly by not spending more money than you can afford.
Being responsible is expected with any kind of bidding sites as it is with gambling sites because in a sense, it is somewhat similar gambling. You have to set your limit and stick to it, otherwise, you will waste your money, time and resources and you won’t be having fun.
By setting limits, seek auctions that you would pay for out in the “real” world, auctions that have a Buy it Now (BIN) price that fits your budget. With DealDash, if you are bidding on an auction and don’t win it, you have the option to BIN it and get your bids back. It’s a Win-Win for everyone!
WIN it or BIN it on DealDash.com!
Another technique is to wait for the specials. I get emails on a weekly, sometimes daily, basis from DealDash telling me about discounted bid packages and holiday specials going on. Part of my DealDash bidding strategy is to buy the bid packages when they are on sale at 15 cents to save myself money and peruse the site for items I’m willing to BIN and wait for them.
I will watch the timer to see when they start and tend to pick the ones where there is less “competition”, i.e. the middle of the night based on my research. Personally I find these auctions are less crowded, offering me more opportunity to win with less bids and money out of pocket. How about you? What time of day do you find best for bidding?
By Gigi Pence
A little about myself: I’ve been bidding on Deal Dash for about two years and really like it. I’ve gone to other sites but find myself coming back to DealDash because of the option exchange an item for bids when you win an auction and the option to buy it now and get your bids back if you don’t win.