My first bidding experience

So again, I went on this Bid and Buy.com thing. First of all, I will admit, I stupidly put in 1000 nt into that account. But the first thing isn't half as stupid as the second. I bid for this altec lansing speaker set. Looks cool, definitely one investment, lost 400 nt in it. What makes me feel worse is that Danny Shue wanted me to bid that. He freaking invested in me and he lost, which pretty much indicates that I fail. I realized one thing, apart from my 2 blunder bids, I did overally rational and well, except there are too many people liking that stuff. It annoys me because I couldn't scare the other dude away. Sad and depressed now, let me chill for a while. I am about to go through a mental breakdown.