![](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_vGNFxZvWUKHpUGFE9lAzJxOvysQy3zvU2sT7fvyVw6M1Wpwi2vkrV5QNYD38kO3L2Uv9yw3MpnAhVV78OAActwtKLm6VgLy7WaFwiLJT_AwBaS-bfak3W_iZD_k5A=s0-d)
If perhaps
If you happen to have read anything about the online websites where you are able to get well-known electronic devices, jewellery and gift cards for just cents in the dollar, then you may be asking yourself "Are penny auctions a gimmick?" Certainly, it appears too good to be true to assume you can get a $500 laptop or computer or computer monitor for under a buck, but, as you will see they are anything but a scam!
In truth,
these auctions,
much like anything else,
you will find pluses and minuses.
However even though they have their
advantages and drawbacks,
You can be assured that penny auctions are anything but
a gimmick.
In reality,
if you spend some time to learn the ropes
and possess a small amount of persistence,
it is possible to save a pile of
cash and acquire some
excellent goods that you probably would not otherwise
have the ability to afford.
So, once again - are penny auctions a scam? well, just search on Twitter and other social media web sites to find out for yourself.If you take the time to look at these websites, you will notice lots of folks are discussingt their fantastic purchases and how much they liked the items. For example, just the other day I discovered over 10 individuals on Facebook alone referring to their latest penny auctions discounts.
Now,
having said that, I will
say that that
you will be able to find some penny auction scams
on the go but htese are usually quite easy to spot. The key
is to only use
one of the most reputable
internet sites that have been
about for a
while.
Generally a scam
website won't be in existence for
any period of time so if the
site has been
around for a
while and has a proper setof contact details then
you are usually fairly
safe.
Of course, in the end,
it's up to you
how much you are willing to take a risk and
everyone can lose
funds if they get caught up
within the heat of the moment and bid
an excessive amount - just take it easy and stick to your budget!
One way to make sure that you get a legitimate
web site and not fall prey to a scam
would be to search
online for reviews of the
specific auction
web site you are considering and if
you can find a bunch of
folks saying positive
things then
you can really feel pretty confident
about using
the
site.
Needless to say, if you learn of any sites where people are
saying they got scammed,
you'd want to steer clear of those
web sites entirely.
It is best
to stick to those with an established reputation and
avoid any new auctions that pop up.
The fact is however, that penny auctions are
an excellent way to get
very good products at a knockdown price,
so the
answer to the
question 'Are penny auctions a
scam" is
definitely that like most anything else,
you will find some good ones and
bad ones.
For
probably the most part,
they are on the level but
you must do your due diligence and
make sure any auction site
you intent to bid on are legitimate -
just a little bit of
analysis up front will
guarantee that,
as opposed to getting scammed and instead you can walk away
with a lot of
fantastic stuff and your wallet intact!