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The Psychology Of Bidding: Why Auctions Are So Addictive

Minnesota auctions trigger a psychological response rooted in competition, excitement, and the fear of missing out (FOMO). The fast-paced, time-sensitive nature creates a sense of urgency while bidding against others stimulates the brain’s reward centers. The thrill of winning, combined with the emotional highs and lows, makes auctions addictive, as participants crave the satisfaction of securing a deal.

 

 

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