A variant of my domain name is up for auction by the registrar, who caught the name after a cybersquatter allowed it to expire (as is this very "popular" registrar's policy for expiring domain names).
The opening bid is very low, and I'd like to quietly pick it up without attracting the attention of "investors" - i.e., squatters who might try to bid on it so that they can turn around and try to sell it to me for much more. (joke's on them, I really don't care enough to pay more than the opening bid - it would be a lose-lose for both of us!)
This registrar's auction platform displays all current bids, as well as the number of views (I have been avoiding clicking on the actual item page, so as not to increase the view count). If I bid on it now, with X days remaining, is this likely to attract squatters to bid on it?
My reasoning is that a squatter could come across the listing on the auction directory, see that it is a variant of an actual in-use domain name of a real entity, and then connect this to the fact that someone has bid on it, to try and turn a quick profit.
Strategically is it better to wait then, until the auction has nearly ended? If so, how long should I wait? 30 minutes? 10 minutes? 10 seconds? Or should I just let the auction expire completely and then buy it?