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3 Secret Quibids Strategies You Never Know

Most of the Quibids strategies that are present online seem to speak of the obvious: try to bid at the last moment before the timer runs out or try to buy winning coupon deals first. All of these strategies work, but one should always understand the limitations of such advice. Quibids strategy varies depending on the auction. If you are planning to win a 15 deals Quibids coupon, the Quibids strategy is completely different compared to if you want to win a Macbook or iPad from Quids.

Before you start bidding on Quibids or for that matter any other penny auction, you need to know and understand how penny auctions work and how they are different from ordinary auctions. I would like to emphasize that in penny auctions like Quibids you can lose money without gaining anything, something that cannot happen, for example, on eBay. Therefore, you should invest money in Quibids only if you understand the risk.

Now that you’re ready to start bidding, here’s a list of Quibids strategies that will help you win great Quibids auctions. Follow these instructions as they form the best Quibids strategy you will find.

Quibids Strategy-1: Aggressive can be good
Watch most Quibids auctions during times of high traffic and follow them for some time without bidding. See who wins the auctions. Most likely, it will be the aggressive bidder who wins. This is especially true for smaller items like Quibids deal vouchers and other cheaper, offbeat items. Why is this? The popular thinking seems to be that you should wait until the end to bid and not waste bids by being aggressive.

Here’s why: This Quibids strategy plays right into the heart and mind of a penny auction bidder. Bidding psychology dictates that new bidders can easily be intimidated online by aggressive bidders. If someone sees that he is being outdone each and every time as soon as he makes the offer, he gives up hope. At this stage, he wants to protect his remaining bids and thus quietly exits the bidding arena. What actually happened is that the aggressive bidder, even though he had to spend a few more bids, actually ended up winning and the meek bidder just lost a few bids and ended up losing money.

The trick is simple: the only way to make a net profit on Quibids is to win the item at all costs. So if you can bid aggressively and come out on top, it’s much better than being meek and ending up losing the auction.

Quibids-2 Strategy: Offer Vouchers Can Be Bad
I know what you’re thinking: if bidding tickets get extra bids, how can they be bad? Well, the usual reasoning is that if you spend 15 bids to win a 25 bid coupon, you have effectively placed an additional 10 bids. However, this is faulty logic because voucher offers do not count towards the Buy It Now feature. of Quibids. So what you are effectively doing is exchanging 15 refundable offers for 25 non-refundable offers that cannot even be used to purchase the item at market price.

The reason you need to keep the Buy It Now! for bids is to minimize losses. Quibids and other penny auctions can be very risky and you can end up losing a lot of money if you’re not careful. The Buy It Now feature essentially removes this element of risk if you use it correctly, which can be a huge advantage.

Quibids Strategy-3: Know when to bid
I cannot stress enough the importance of this Quibids strategy. Essentially, whatever other strategy you use, you may not win a Quibids auction if you don’t follow the proper times to bid. There are certain times that are very busy and others that are not. However, this is not the only criterion. Sometimes there are only a few people bidding, but there are also very few auctions, so the competition is immense.

Therefore, the key is competition. You must bid at the time when there are many auctions and not so many people. This is the best time to bid on Quibids. The worst time to bid on Quibids would be when there are too few auctions and too many bidders. Avoiding high competition can land you some amazing deals.

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