How to know how much to BID
When bidding the 1st thing to do is wait. Never bid days ahead of time. All this does it drive up the price and let everyone know that there are other bidders.
Now as far how much it really depends on how much you are willing to spend. If you want a good deal then bid slightly lower than it's worth. If you don't win, then you can wait for the next item and try this until you win.
If it's a big jump in price (let's say the item is listed at $5 but it's worth $20), then bidding $18 is a GREAT bid. If no one else bids then you will probably only have to pay $6, so you don't have to pay the maximum bid until it's reached.
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