i generally agree about sniping being the best tactics most of time.
but there're some exceptions.

 when you are buying something that's not in short supply (say,
Zenitar fisheye :)
basically, you don't expect a lots of bids (one, maybe two).  in that
case, you should

-- if there's no BIN, just bid early.
the rationale is that the second bidder (if there's one) is going to
see that someone has
already made a bid and if there are auctions with no bids and comparable price,
he would be better off bidding there than to wage a war with you. when
this happens, the
first bid usually gets the lower price.

-- or "BIN" if that's available.

-- or, if you are not in a hurry and really want to get the item below
BIN, *bid at BIN*.
then if someone wants it more, you'll lose the item (but remember,
there's lots of supply and
you are not in a hurry). otherwise, you'll get the item for something
between the initial
bid amount shown and the BIN price.

of course, if the demand is much higher than the supply (e.g.
A*135/1.8), then snipe.

best,
mishka

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