Do you lose your bid money on DealDash?

Do you lose your bid money on DealDash?

DealDash will refund every bid you used and you spent your money there buying something you would have bought anyway – gas for your car. One hundred dollars of gas is one hundred dollars you would have spent on gas anyway.

Is bid com legit?

They’re scam artists. They did not get the amount wanted for the designer items so they just did not sell them to me. I want the items orsomething comparable that I took my time and effort to bid on and won.

How does DealDash sell so cheap?

DealDash runs one of such auction-based business models where it auctions products which eventually is bought by the customers at a comparatively lesser price than its actual price. The business model runs on a penny (bidding fee) auction strategy and offers the bids for as less as 20 cents.

What happens if you place bid on Opensea?

Sell to the highest bidder Making a bid on this kind of action is like making an offer on a fixed-price listing. The seller can choose to accept it at any time, but the buyer will need WETH to create a bid. Please note: Any bids made in the last 10 minutes of an auction will extend each auction by 10 more minutes.

What is the secret to winning on DealDash?

DealDash Secret Software – The real secret to winning more auctions on DealDash is to know more than the people you’re bidding against! Think about it…if there are 10 people bidding on an auction and 1 of those people knows more than everybody else, who do you think is in the best position to win that auction?

What is the trick to DealDash?

How to use Dealdash without losing money

  1. When you join, just buy one bid pack (this way, you’re guaranteed your money back if you don’t win.)
  2. Begin by choosing two or three items you’d like to bid on.
  3. Place one bid on each item early in the auction, before the price hits $5.00.
  4. Lower your expectations.

What happened to Bidz com?, a formerly high-flying, publicly traded jewelry e-tailer, has ceased operations and plans to liquidate, according to court papers. At press time, the company’s site was still online, but said it was “temporarily under construction,” and no auctions were listed.

What is the catch to DealDash?

DealDash, one of the largest and best known “penny auction” websites, has been accused of operating an “illegal gambling site” and using a “widespread deceptive marketing campaign to lure customers” to the site, according to the advertising watchdog group Truth in Advertising (

Who pays gas fees on OpenSea?

There are gas fees when the item is sold and who pays the fees, depending on transaction. Buyers pay the gas fees when purchasing fixed-price items. Sellers pay the gas when accepting offers. OpenSea pays the gas for auction listings that Sell to the highest bidder with a reserve price set.

What if no one buys my NFT?

If your NFTs have no value (because no one knows who you are or your vision) then you are doing a disservice to your believers (you see? – I didn’t say followers). If people can’t make money by buying and selling your NFTs you will never survive in this space.

Is it hard to win on DealDash?

It’s easy to win low-priced items, very difficult to win high-end items like fancy cameras, Breville coffee makers, and anything by Apple. As long as you don’t get greedy, you can get a good return on the investment of your first bid pack purchase. If you get greedy or obsessive, you’re going to lose money.