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Scare Tactics In Penny Auctions.


It was noticed that there are people who start trading on penny auction on lots automatically from the very beginning. An attack is carried out on several items, and bets make the price of the goods “in retail” higher, though, it would seem to bet higher than the maximum price is meaningless. However, this gives the result, though in the beginning it can be difficult to grasp it.

In fact, the meaning is in psychology. At first a lot of money is spend, but in the process of events others will notice your intention and simply begin to fear such a development. This causes concern, even fear, and competitors stop fighting on these lots!

They bet on several lots at once, and the maximum rate is done higher than a “retail” price (because a few people will participate at a great price); at the beginning it would be hard to fathom how someone is playing, but after some time statistics will only be in your favor! I.e. initially you spend a lot of money, but then when they people see your bid in the auction, they just start to be afraid you and cease to fight for the lot!

When we studied the statistics of this aggressor”, it was noticed that he spent far more on goods comparing that even just to buy it at the store. However, over time participants began to avoid (fear) him! As a result, due to the obtained reputation (personal contacts with people and communication in a public chat room helps here), he began to win easily in the auction and could easily get a mobile communicator only for 30 dollars. The rumor goes in front of him and the problems with the competitors are removed by themselves.

But still it is worth recognizing that this is quite a risky tactic, because if you will be “lucky” to get on the same turretless competitor, mutual self-destruction may happen. It is necessary to study the statistics of the competing parties, and if you notice that someone often spends at least 200 bets and wins, then it can be argued by 80-90% that this person uses scare tactics in penny auction. If such a “cool” person appears in your lot, it’s better not to get involved and leave the auction.

The beauty of penny auctions lies in the fact that here it is really to win the even with a single bet. It happens, but usually other bidders almost always claim for a lot, so it is not often possible to avoid the struggle. To be successful, always have a sufficient number of bids on your personal account.


If you spent amount of 20-30% of the price for a lot competition on and you were not able to win at the same time, it will be wise to withdraw from the auction and pick up another commodity lot. Gambling must have reasonable limits, and it is not worth to risk knowingly, if it becomes clear that the popularity of the lot provokes serious competition and the attendant financial costs.

Are fond of auction sites? Then you for sure need to go to Moloyo site. This Moloyo site is one of the latest auction sites in the online auction industry. So all the lovers of penny auctions are recommended to review this Moloyo site.

And keep in mind that our world is the world of modern Internet technologies. It would be intelligent to avail oneself of the Internet network to search for anything to get it on the best terms available on the market. Search engines, social networks, blogs and forums – all this will assist you to make a decision on many issues.

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