Understanding Auction Timelines: When to Bid and When to Wait
Understanding Auction Timelines: When to Bid and When to Wait Auction timelines can feel confusing, especially online. One moment nothing happens, and the next, bids arrive in rapid succession. For many participants, timing feels more intimidating than pricing. Should you bid early to show interest, or wait quietly until the final moments? The answer isn’t fixed. It depends on understanding how auctions naturally progress and how human behavior shapes each phase. Whether you’re browsing casually or sourcing liquidation gym equipment with a clear goal in mind, knowing when to act and when to pause can change the entire outcome. The Quiet Opening Phase Most online auctions begin slowly. Listings go live, details are reviewed, and watchers gather without much visible activity. New bidders often mistake this silence for a lack of interest. In reality, many participants are simply observing. They’re learning the layout, reading descriptions, and deciding whether the item fits ...