Ever wondered how to make consistent income in crypto with minimal effort? All you need is:
A Laptop and WiFi
ChatGPT4 plus The Right Strategy
Hereâs a simple 7-step guide to building your own crypto trading bot in just 30 minutes a day.
Before we dive in:
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1. The rise of AI has opened up opportunities to earn up to $40k per month by automating trades with bots. The best part? You can create your own bot using ChatGPT. Letâs break it down in 20 minutes.
2. Timing is key. The market is at a turning point, and weâre expecting a surge in volume and liquidity soon. That means more opportunities for you to profit big with your bot.
3. The first step is to choose the foundation for your botâa solid indicator. Head over to TradingView, create an account, and select the BTC/USDT pair. I recommend starting with the Bollinger Bands indicator, but feel free to explore others.
4. Now, create a workspace for your bot. Name it, save it, and get ready to code. Letâs turn your indicator into a trading powerhouse.
5. Next, convert your code to a format ChatGPT understands. If your code is already in version 5, youâre good to go. Otherwise, convert it to version 5, and weâre all set.
6. Now itâs time to instruct ChatGPT on how to build the bot strategy. Hereâs a simple explanation of the Bollinger Bands:
When the price is above the bands, itâs a signal to go short.
When the price is below, itâs a signal to go long.
7. This is a crucial step. Give ChatGPT clear instructions on important elements like the risk-reward ratio, stop-loss and take-profit levels, and the trading pairs you want to use. You might need a few tries to get it perfect, but thatâs part of the process.
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