I have to admit...I was quickly excited when I found my first so called "penny auction". But I soon realized that many of these guys use automated bots to bid against you to raise the price.
Some sites don't even let you win anything!They just let you keep bidding and bidding...
What a waste!
Stay away from scam penny auctions! Buyer beware!
Will let you know some sites that are worthwhile in my next posts...
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nyone who is interested in getting it on with penny auction sites should take the time to research, review and learn thoroughly about the different sites available online before making any monetary investments. It is important to take note of the different rules and regulations before making actual bids. Otherwise, one may end up in a financial situation that can get too much to handle. For one, online credentials are highly important in choosing the penny auction site to work with. It also does not have to cost anything to be a member of these sites. Those sites that do not credit 50 percent of a bidder's bids for products or bids should be avoided.
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