Member-only story
How I Made $3k in a Week with a Custom TypeScript Crypto Bot
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.
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