Most penny auction beginners do the same mistakes. Well.. In this section, I’ll give you the valuable tips to be a winner in Penny Auctions.

First thing you should do before bidding at penny auctions is that you have to do your research. Make sure if you want to bid from penny auction sites, the sites must be legit. You can check the security regulation  in place. Sites with valid SSL certificates are committed to keep your personal information secure. When you want to start the penny auction , you need to choose one or two sites to follow. You also need to check them regularly. The purpose in joining the sites is to be an expert on that site.

Second thing you can do is to get your free bids. Most of sites offer many chances to receive free bids. Usually, you can sign up and get your free bids, along with referring friends, sign up for newsletter, follow them on facebook. You should stock up on the bids because they are there for the taking.

The next is to pick your strategy. There are some strategies to consider and you can use one of them to hel your bidding on penny auctions.

  • Bid late (but not too late) : do not waste your bids by bidding too early. Many people wait until the last 10 seconds of the auction, and that’s the right time to get an action. 
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  • Use the bid butler to your advantage. Set your bid butler to an odd number. Many people set it in round numbers, and then forget about them. If you see the condition, you can win the auction by bidding once their bid butler has finished
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  • Build your reputation. This strategy might takes some bigger money in the beginning, but for long terms, you can get lots of wins. If you’ve been known as powerful username, the other people will be afraid to bid against you if they know that you’re a born winner.

As mentioned, there are some strategies that can be applied when bidding at the penny auctions. So, are you ready to be a winner??

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