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Daily Passive Income: 1-2 ETH with AI Chat GPT Bot | Just Copy, Paste, and Profit!

Education

Introduction

Hello everyone! My name is Jacob, and I’m a Web 3 developer. I recorded this video for my private channel but decided to share it with you all for free to gain your support and attention for my new channel. In this article, I’ll show you how to create and operate an Ethereum sniping bot using AI-powered Chat GPT. This bot has been generating passive income for me and my students every day—an amazing opportunity!

What is an Ethereum Sniping Bot?

The sniping bot automatically monitors the blockchain for new tokens and significant price changes. When it identifies an opportunity, it acts quickly, buying or selling tokens before other traders even realize what's happening. This gives us an advantage in capitalizing on price discrepancies. The bot’s secret to success lies in its ability to detect tokens right after they are listed or when there’s a sudden price change. Using sophisticated algorithms, it identifies these movements and executes trades on your behalf. All you need to do is sit back and let the profits roll in!

If you think this sounds too complicated, don’t worry! It’s actually quite simple and requires no coding knowledge.

Setting Up the Bot

Let's begin by creating the sniping bot using code generated by Chat GPT.

  1. Initiate Chat GPT: I asked Chat GPT to write code for a smart contract on Ethereum that automates the sniping process.

  2. Visit Remix: Go to Remix, a Web 3 application that allows the development, compilation, deployment, and launching of smart contracts coded in Solidity. Make sure you have the Metamask browser extension installed and connected to the Ethereum mainnet. If it’s your first time on Remix, you will need to agree to their terms.

  3. Create a New Contract: On the left sidebar, click to create a new contract and name it bot. Then copy the code from Chat GPT and paste it into the bot file you just created.

  4. Adjust Addresses: Pay attention to lines 13 and 14 in the code, which involve Wrapped Ether token addresses. Note that it isn't necessary to own any Wrapped Ether for this process.

  5. Compile the Code: Click the compile button. Ensure you use version 0.6.3 of Solidity and enable optimization.

  6. Deploy the Contract: Head to the “Deploy and Run Transactions” tab, select "Injected Provider" as the environment, and confirm the contract on the blockchain by paying gas fees. Click “deploy” after setting a high gas fee for faster processing.

  7. Fund the Contract: Once deployed, fund your contract with Ethereum—this will be used for trading. The more you invest, the larger the trades and potential profit.

  8. Start the Bot: Click the start button to enable the bot to begin monitoring for opportunities. Set the gas speed to high again and confirm.

Monitoring Results

After allowing the bot to run for several hours, you'll observe the results. For instance, after about 7 hours, I saw a profit increase from 2 ETH to 2.6 ETH, giving me a 30% return. The bot’s logs show various successful transactions totaling 0.6 ETH.

After approximately one day, my total balance was around 2.8 ETH, effectively earning more than half of my initial deposit back—a promising outcome! The bot will continue to operate until you choose to withdraw your funds. Once you click "withdraw," the bot stops trading and returns your Ethereum, including any profit, back to your wallet.

This method can grant profits ranging from 1-6 ETH within a week, depending on network load.

Conclusion

This strategy demonstrates how digital tools can leverage smart contracts to achieve passive income through decentralized finance. From coding to deploying and managing the bot, this guide simplifies the whole process, making it accessible to everyone. Don’t forget to subscribe to my channel for more insights, and reach out to me on Telegram for deeper discussions about making money with Web 3 tools!

Keyword

  • Ethereum
  • Sniping Bot
  • AI
  • Chat GPT
  • Passive Income
  • Smart Contract
  • Remix
  • Metamask
  • Trading
  • Gas Fees

FAQ

Q: Do I need coding knowledge to set up the bot?
A: No, the process is simplified and does not require coding knowledge.

Q: How much Ethereum should I fund the contract with?
A: You can fund it with any amount, but keep in mind that higher amounts allow for larger trades and potential gains.

Q: How long does it take to see profit from the bot?
A: Profit can be observed within a few hours to a day, depending on market conditions.

Q: What if I want to withdraw my funds?
A: You can click the withdraw button at any time to stop the bot and return your funds, including profits, back to your wallet.

Q: Is the bot performance guaranteed?
A: While the bot can yield significant returns, profits vary based on market conditions, and there are no guarantees.