Auctions - why bid early?

Dweller...I've seen many many auctions on eBay get no bids, and then go for a much higher price than normal at the end, because a large number of snipers show up then hoping for a deal. Setting a reserve price will protect you from giving it away.

I always bid early when someone sets a "buy it now" with no reserve on an item I like, but think the "buy it now" is more then I want to pay. Bidding on a non-reserved "buy-it-now" auction makes the buy-it-now go away.

Not every auction gets sniped. I have gotten good deals on eBay bidding early, mostly when I knew I would not be around at the end.

On an item I want, but is nearing my max, I oftentimes place a bid in hope that other sellors see there are additional buyers out there. Often times I'm able to win at a lower price on the next listing.

I've done exactly the same thing. :)

It's stupid to bid early. Your right drives the price up. Hey it's bad for the seller but can be great for the buyer. So wait till the last second..........HAPPY BUYING....

I have two thoughts. I have bought cables and power cords from manufacturers for the same price as they went for on recently closed auctions. If i like the price I contact them and ask if I can buy one at that price. It has worked alamost every time I have tried it.

On auctions I find myself getting emotional if I start bidding too early and more than once I have bid more than I had promised myself than I would as I find myself really wanting the item and the hype gets to me. This is one reason I try to limit myself to auctions that have little more than an hour or two remaining.