In the last post I outlined the different types of auction that you find on eBay. Of these, the two that are referred to in the heading can pose a particular dilemma.
You will often find yourself facing the choice of whether to pay a fixed price or keep on bidding. This choice might be presented to you in a single auction, or you might be choosing between different auctions of the different types. So should you use that ‘Buy it Now’ button or keep on trying to outbid everyone else? It’s all a question of weighing up the advantages and disadvantages.
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