the problem with shooting too high but still wanting to take the job is that sometimes the hiring manager says no and you can't negotiate less because they've already offered a job to someone else in the meantime, unless you're their best candidate (but you don't know that)
The difficulty is finding the sweet spot between asking more and appearing just plain greedy.
It's a valid strategy if you, as a candidate, have nothing to lose, it might not work for every situation.
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the problem with shooting too high but still wanting to take the job is that sometimes the hiring manager says no and you can't negotiate less because they've already offered a job to someone else in the meantime, unless you're their best candidate (but you don't know that)
The difficulty is finding the sweet spot between asking more and appearing just plain greedy.
It's a valid strategy if you, as a candidate, have nothing to lose, it might not work for every situation.