It shouldn't worry you if you're a token buyer, but the auctions need a lot of planning for us 35T managers. Apparently no old thread discusses this so I started my own On what players you bid, in which time of the season you bid and how you bid in what circumstances?
I, when bidding on Day 1, have enough tokens, so put an early bid on players I need (generally 90%+, multipositional), then begin bidding at the last second if it progresses to knockout rounds. I never bid more than 5. But the best time is generally after Day 5 at 1330-1600 (UTC+5:30) for me, that's when there are few active players. Then I usually bid in the last 2min or so...Bidding late will give other bidders take a shot, thinking no one has bidded yet, I can get it, while bidding very early make make them think you've gone to sleep. That's the best time to stand a chance getting the player for 1T, and I've actually got it.
What are your strategies?
NOTE: YOU ONLY NEED TO BID 1T PER ROUND TO QUALIFY FOR NEXT ROUND. That's a mistake a lot of newbies make, bidding a lot of T in 1 round. But that can be a strategy, people will fear you if you bid 2T in the initial round itself.