The reason why auctions are popular all over the world is mainly because there is only a lower limit and no upper limit for anything in an auction.
Therefore, any commodity may fetch a sky-high price at auction, mainly depending on the strength and mentality of the competitors.
Sometimes they are on each other’s heels, and even things that are worthless can be sold for astonishingly high prices.
Moreover, there are really not many tactics available for this kind of straight-forward bidding method. You can suddenly raise the price, scare the other party with your momentum, tell the other party that you have money and at the same time, keep your face calm, and give the other party a gesture that you want to play, and will play until the end.
Travis Lane’s first method didn’t work, so he could only switch to the second one. What he planned was that from now on, as long as the price was still within the range that he could afford, he would simply press the increase of 10 million.
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