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<p>[QUOTE="GDJMSP, post: 3700863, member: 112"]I wouldn't say that you need to adjust your methods, but your thinking - yeah. It's more a matter of realization than thinking though. </p><p><br /></p><p>First off you have to realize that there's a lot of people out there who bid based on emotion, not objective reasoning. And if one of them happens to be bidding against you on a given coin - well, you just aint gonna win that one.</p><p><br /></p><p>Next, you also have to realize that if you're lucky you might, stress lucky and might, have the winning bid 5% of the time - maybe, stress maybe. And even that 5% is probably too high. In other words, when you're bidding on a coin, you're almost always gonna lose - that's pretty much a given. And not just a given for you - but for everybody.</p><p><br /></p><p>Next, you can never underestimate the knowledge factor. In other words, there might be something about a given coin that somebody else recognizes that nobody or almost nobody else recognizes - because they know something that the others don't. And when that happens the value of that coin just isn't what most think it is. The reverse also applies, there might be an issue of some kind, a small problem, that some notice and others, bidding higher, simply don't. I guess the point I'm trying to make here is that when it comes to winning bidding, it's not just what ya know that matters, but also what ya don't know.</p><p><br /></p><p>Lastly, if you start winning bids too often, too much of the time, it's a near certainty you're paying too much for the coins. </p><p><br /></p><p>Now, paying too much for a coin now and then is something we ALL have done. Sometimes we know that and sometimes we don't. And it's the ones where ya don't that ya gotta worry about. Knowing what you're doing and when - that's the important part.</p><p><br /></p><p>Overall, the feeling, concern maybe, that you're expressing is something else we've all experienced. But, realizing what I've said above, well, it helps us deal with that. And that's about the best we can hope for <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3700863, member: 112"]I wouldn't say that you need to adjust your methods, but your thinking - yeah. It's more a matter of realization than thinking though. First off you have to realize that there's a lot of people out there who bid based on emotion, not objective reasoning. And if one of them happens to be bidding against you on a given coin - well, you just aint gonna win that one. Next, you also have to realize that if you're lucky you might, stress lucky and might, have the winning bid 5% of the time - maybe, stress maybe. And even that 5% is probably too high. In other words, when you're bidding on a coin, you're almost always gonna lose - that's pretty much a given. And not just a given for you - but for everybody. Next, you can never underestimate the knowledge factor. In other words, there might be something about a given coin that somebody else recognizes that nobody or almost nobody else recognizes - because they know something that the others don't. And when that happens the value of that coin just isn't what most think it is. The reverse also applies, there might be an issue of some kind, a small problem, that some notice and others, bidding higher, simply don't. I guess the point I'm trying to make here is that when it comes to winning bidding, it's not just what ya know that matters, but also what ya don't know. Lastly, if you start winning bids too often, too much of the time, it's a near certainty you're paying too much for the coins. Now, paying too much for a coin now and then is something we ALL have done. Sometimes we know that and sometimes we don't. And it's the ones where ya don't that ya gotta worry about. Knowing what you're doing and when - that's the important part. Overall, the feeling, concern maybe, that you're expressing is something else we've all experienced. But, realizing what I've said above, well, it helps us deal with that. And that's about the best we can hope for ;)[/QUOTE]
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