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How I Made $3k in a Week with a Custom TypeScript Crypto Bot

Sina Farhadi
Block Magnates
Published in
4 min readNov 11, 2024

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I’ve always been fascinated by the Solana ecosystem, particularly its speed and low transaction costs. After months of learning and development, I built a sniping bot that helped me earn $3,000 in just one week. Here’s my story and the technical details of how I did it.

Photo by rc.xyz NFT gallery on Unsplash

Introduction

Before diving into the results, I should mention that I spent three months learning Solana development and studying market patterns. This wasn’t an overnight success — it required careful planning, testing, and numerous failed attempts before getting it right.

What’s Sniping?!

Sniping in crypto trading, particularly on Solana, is essentially being among the first to buy a new token right when it launches or when liquidity is added. Here’s how it works and generates profits:

The Basic Concept:

  • When new tokens launch, they often start at a very low price
  • Early buyers can purchase tokens before the price increases from initial trading activity
  • As more people discover and buy the token, the price typically rises
  • Early buyers (snipers) can then sell their tokens at a higher price for a profit

Why it Can Be Profitable:

  • First buyers often get the lowest possible price
  • New token launches often see 2x-10x (or more) price increases in the first minutes or hours
  • Solana’s fast network allows quick buying and selling
  • Low transaction fees mean even small price movements can be profitable

Example Scenario:

  • New token launches at $0.001
  • Sniper bot buys immediately for $100 (100,000 tokens)
  • Price rises to $0.002 in first 5 minutes
  • Selling at this point would yield $200 (100% profit)

Key Profit Mechanisms:

  • Price discovery (market finding the “right” price)
  • FOMO from other traders seeing the new token
  • Marketing efforts by token teams
  • Social media attention

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Written by Sina Farhadi

Senior Frontend Developer | Expert in React.js, Next.js, and Svelte // Looking for new opportunities 🏄‍♂️ https://bugpointer.dev

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