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I Tested an AI Trading Bot With ChatGPT — $2.9K/Day? (Full Guide) — Transcript

by Ed Seykota · 1,126 words · 176 segments · language en · Watch on YouTube

Full transcript

  1. 0:00Take a look at what's on my screen. For
  2. 0:02the past 24 hours, trades have been
  3. 0:04executing themselves on the Ethereum
  4. 0:05blockchain, and I genuinely haven't done
  5. 0:08a thing. The whole system is autonomous.
  6. 0:10This AI trading bot I put together takes
  7. 0:12care of everything from start to finish.
  8. 0:15I've been sitting on this project for
  9. 0:16over 6 months without telling anyone,
  10. 0:18and I thought it was finally time to put
  11. 0:20it out there. What you're seeing is a
  12. 0:22trading bot powered by AI that I built
  13. 0:24from nothing, and it's been quietly
  14. 0:26making money in the background while I
  15. 0:27worked on other things. During this
  16. 0:29video, I'll walk you through exactly how
  17. 0:31it functions, hand over the full source
  18. 0:33code, and show you real results from
  19. 0:35actual trades. It's been running
  20. 0:37non-stop for 6 months now, and because
  21. 0:39the blockchain keeps permanent public
  22. 0:40records, you can audit any transaction
  23. 0:42at any time. What makes this easy to get
  24. 0:45into is that you don't need deep crypto
  25. 0:47knowledge or coding skills. I genuinely
  26. 0:49built this whole thing by working with
  27. 0:51ChatGPT as my coding partner, and I'm
  28. 0:53now passing it on to you. Your only job
  29. 0:55is to follow along with the setup I'm
  30. 0:57about to show. Let me explain the main
  31. 0:59concept. Imagine Ethereum being sold on
  32. 1:02two different decentralized exchanges at
  33. 1:04the same moment. On Uniswap, the price
  34. 1:06is $2,430,
  35. 1:08and on SushiSwap, it's listed at $2,470.
  36. 1:12If you could grab it at the lower price
  37. 1:13and instantly flip it on the
  38. 1:15higher-priced exchange, you'd walk away
  39. 1:17with $40. That's the basic idea behind
  40. 1:19arbitrage. Not too complicated, right?
  41. 1:22Here's the interesting part, and there's
  42. 1:24a safety net built right into the
  43. 1:26system. The bot works with what's known
  44. 1:28as a flash loan. To put it simply, it
  45. 1:30temporarily borrows a large sum, runs
  46. 1:32through the full trade, buying on the
  47. 1:34cheap exchange and selling on the
  48. 1:35expensive one, and then repays the loan,
  49. 1:38all inside one blockchain transaction.
  50. 1:40Here's the critical detail. If something
  51. 1:42goes off track, like the prices move or
  52. 1:44the profit isn't meaningful, the whole
  53. 1:46operation reverses on its own. No money
  54. 1:49changes hands, and you lose nothing. In
  55. 1:51practical terms, this means your own
  56. 1:53capital stays safe. You're not stuck
  57. 1:55holding a position and crossing your
  58. 1:57fingers, and there's no anxiety
  59. 1:58involved. The bot either spots a real
  60. 2:00opportunity and takes it, or it keeps
  61. 2:02scanning. The absolute worst outcome is
  62. 2:05a few cents lost to network fees, and
  63. 2:07that really is the ceiling. All right,
  64. 2:09let's pull up the code the AI helped me
  65. 2:11put together. I'll leave a link in the
  66. 2:12description, and we can get into the
  67. 2:14setup. Start by heading over to the
  68. 2:16development platform. Before you go
  69. 2:18further, make sure you have a wallet
  70. 2:19extension in your browser. If you do,
  71. 2:21you're ready. If you don't, I've
  72. 2:23included an installation link below.
  73. 2:25Once you're on the platform, make a new
  74. 2:26file and name it whatever you like.
  75. 2:33Paste the code right into the editor.
  76. 2:35Then scroll all the way up to the top.
  77. 2:39There's some useful guidance about ideal
  78. 2:41conditions for running the bot, along
  79. 2:43with a technical breakdown of how it all
  80. 2:44works. It's worth a couple of minutes to
  81. 2:46go through that.
  82. 2:53Next, move over to the compile tab.
  83. 2:56Hit compile and give it a second.
  84. 3:00Perfect. No errors, so we can keep
  85. 3:02going.
  86. 3:03With the compilation done, head to the
  87. 3:05deploy and run transactions tab. Choose
  88. 3:07your wallet extension from the
  89. 3:08drop-down, and when the connection
  90. 3:10request comes up, approve it.
  91. 3:17You should now see your wallet address
  92. 3:19and balance.
  93. 3:22We're ready to deploy. Click deploy,
  94. 3:25keeping in mind there's a small fee.
  95. 3:26That's totally normal for putting smart
  96. 3:28contracts on the blockchain, so no need
  97. 3:30to worry. Confirm the transaction and
  98. 3:32let it process.
  99. 3:40Excellent. Your system is now live, and
  100. 3:42the control panel is ready.
  101. 3:48Before anything else, please take a a to
  102. 3:50click the verification link.
  103. 3:54Double check that the owner address
  104. 3:56shown matches your wallet address. Think
  105. 3:58of it as a basic security step you
  106. 4:00really shouldn't skip.
  107. 4:05Now it's time to fund the bot. The sweet
  108. 4:07spot is around 1 to 2 Ethereum or more,
  109. 4:10which lets it run at full efficiency. If
  110. 4:12you'd rather test first, you can go
  111. 4:13smaller. Half an Ethereum works for
  112. 4:15testing. The returns won't be as big,
  113. 4:17obviously, but everything functions
  114. 4:19normally. I wouldn't drop below 0.5
  115. 4:22Ethereum though, since gas fees can
  116. 4:24really cut into your returns and
  117. 4:25possibly your starting balance. To keep
  118. 4:27it simple, for best performance, 1 to 2
  119. 4:30or more Ethereum. For testing, 0.5
  120. 4:33Ethereum is enough. My main setup runs
  121. 4:35with 30 plus Ethereum, but even three
  122. 4:38Ethereum is plenty to show the whole
  123. 4:39thing in action. Once your deposit goes
  124. 4:41through, refresh the page so the new
  125. 4:43balance shows up.
  126. 4:53Everything looking right? Then hit the
  127. 4:55activation button to get the bot
  128. 4:56started.
  129. 5:02There's one last transaction fee to
  130. 5:04approve.
  131. 5:15And you're done. The system is now live
  132. 5:17and will keep running on the blockchain
  133. 5:19around the clock, whether your computer
  134. 5:20is on or off. Open the blockchain
  135. 5:23explorer and you'll see transactions as
  136. 5:24the bot finds and executes profitable
  137. 5:26trades. I'll let it run for a while and
  138. 5:29come back to check.
  139. 5:34I gave it some time to do its thing, so
  140. 5:35let's see what came out of it.
  141. 5:37Take a look. The bot ran trades
  142. 5:39completely on its own and every
  143. 5:41transaction is right here in full view.
  144. 5:46I'm walking through each one so you can
  145. 5:48see the real numbers. Everything ran
  146. 5:50exactly as it should. No hiccups, just
  147. 5:52clean, steady execution. Nice. You can
  148. 5:55absolutely leave it running as long as
  149. 5:57you want, but for this demo, let me show
  150. 5:59you how to pull your funds back. Head to
  151. 6:01the platform and hit the withdraw
  152. 6:02button.
  153. 6:06Wait for confirmation, then check your
  154. 6:07wallet.
  155. 6:14You should see your original deposit
  156. 6:15along with whatever profit came in.
  157. 6:17Before I finish, there's a disclaimer I
  158. 6:19need to mention. This whole thing is
  159. 6:21strictly for educational and
  160. 6:23demonstration purposes. It is not
  161. 6:25financial advice in any sense. I'm just
  162. 6:27documenting a technical experiment to
  163. 6:29show what's possible with the tools
  164. 6:30available today. If you've got technical
  165. 6:32questions, feel free to reach out using
  166. 6:34the info in the description. That pretty
  167. 6:36much covers it. I'm making these videos
  168. 6:38because I'm building a community around
  169. 6:40this channel before launching my own
  170. 6:41DeFi project. If this tutorial was
  171. 6:44useful, the simplest way to help is by
  172. 6:45liking and subscribing. I'd also love to
  173. 6:48hear how it went for you. Share your
  174. 6:49results in the comments. I'm really
  175. 6:51curious to see how the bot performs with
  176. 6:53different setups.

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