If you spend your time trying to save money, rather than making money, you'll have less money at the end.
As a general rule, you can't retract, remove, or cancel a bid. When you place a bid, you agree to pay for the item if you're the winning bidder.
A bid on bidcy is considered a contract, and you're obligated to purchase the item.
However, honest mistakes sometimes occur. You can retract a bid if you have a valid reason for doing so as defined by Bidcy policy and you retract the bid within the required time period.
Valid reasons for retracting a bid include:
You accidentally entered the wrong bid amount. For example, you bid $99.50 instead of $9.95. If this happens, you need to reenter the correct bid amount right away.
The item's description changed significantly after you entered your last bid. For example, the seller updated the details about the item's features or condition.
You can't reach the seller by telephone or email.
Changing your mind isn't a valid reason for retracting a bid. Be sure to carefully review listings before bidding.
A reserve price is a hidden minimum price—essentially, the lowest price that the seller is willing to accept for the item. If the listing ends without any bids that meet the reserve price, the seller is not required to sell the item.
As a buyer, you are not shown the reserve price. As you bid on an auction-style listing with a reserve price, pay attention to the label next to the current bid price to see if the reserve has been met.