Bidding on Auction.com. I started off bid and systems counter bid

[Maugno M.]

I am interested in a property at Auction.com. It opened up for Bid today and i went ahead and put in for their minimum bid. I noticed that
right away, the system countered bidded against me and raised the price. I guess if i keep bidding it will keep raising till we get to the reserve.
What do you all suggest i do? Keep bidding till i get to my number? Or wait now till its really close to when the bid will end that way I
have a chance of getting at a lower price? I think i know what the reserve is or around, but i dont want to bid up since no one has bidded but me.