There is high probability a second big crash will happens ( tether bomb and/or covid second wave ). This content is a gem to make money on stable coins while waiting for the crash. I personally prefer usdc over dai and for your safety never stay too long with usdt.
@EatTheBlocks4 жыл бұрын
interesting perspective :) lets hope the second wave will be under control...
@titotitotito4 жыл бұрын
you really haven't been paying attention then, there's been 3 big crashes since march. the latest was august 20th
@ebitcoinworld68123 жыл бұрын
From watching your video and step-by-step guide you seem to be a good developer and good trainer too. Keep up the good work! Already liked and subscribed to your video!
@EatTheBlocks3 жыл бұрын
Welcome to the channel :)
@rikeshpatel12373 жыл бұрын
great walk-through! one thing to add is that when entering the private key in the docker command statement, make sure to include a '0x' in front (as per the dydx github readme instructions)
@InsideCrypto3 жыл бұрын
Thanks for this video. Regular people like me really need these kind of tutorials.
@scorpion324 жыл бұрын
Just what I was looking for thanks Julien!.
@28annabel3 жыл бұрын
Most DeFi protocols are Ethereum based and the recent surge in ETH transactions means you have to watch out for the gas prices. Given the number of users that are eager to participate in several DeFi projects, you should expect the gas prices to go up. Careful planning of your trading strategy can save you some Ethereum in fees. You can make use of an exchange like Anyswap that is known for its low fees, which are 100000 times lower than what is obtainable in the market. You can also keep track of gas prices using the ETH Gas Station. www.newsbtc.com/press-releases/the-10-must-read-defi-trading-tips/
@doctor_chie4 жыл бұрын
Another awesome video Julien! I think it's important to set up a local Ethereum node then..
@JennysFlippinOut2 жыл бұрын
Absolutely incredible tutorial. Greatly appreciate the content. Wish I could like this video 100 times. Thank you!! 🙏
@EatTheBlocks2 жыл бұрын
Wow, thanks!
@user-dw3nd7lo2l Жыл бұрын
You will end up unliking this vid when you like this vid 100 times loll
4 жыл бұрын
I'm tuned... Great video!
@tanakornnumrubporn10823 жыл бұрын
Is it possible to create bot that detect and trade the defi's token when it launch at first millisecond? I found that most of them give the trader at least 3x profit in minutes timeframe manner (if not seconds). If you found this please create the course and I'm sure the first customer of yours.
@yonatan49872 жыл бұрын
This is pure gold !
@EatTheBlocks2 жыл бұрын
thx!
@masa65682 жыл бұрын
Hello, thank you very much for you very usefull information. From November 1, 2021(dYdX Solo(Layer1) is down), this bot do not work or still work on L2?
@willywily5063 Жыл бұрын
if v1 is deprecated it is possible that this is no longer working
@thorthumb00313 жыл бұрын
has someone managed to integrate flashloans and liquidations together?
@quizmixer3 жыл бұрын
Hey Julien, thank you for this excellent video. At the end of it you mention another video that you did regarding how to optimize the setup by putting the bot on the same server than an ether node. Can you just give the link of this video? thanks again
@EatTheBlocks3 жыл бұрын
Here you go: kzbin.info/www/bejne/r5XRl6SrjaufjaM
@dila012 жыл бұрын
Hi julien, thank you for this great content! Do you think flashloan, arbitrag and liquidation is still profitable right now? I guess you would need a lot of initial capital right?
@austinturney20602 жыл бұрын
I have the same question
@jordixboy3 жыл бұрын
how can you use this bot with flash loans from aave?
@johnpedersen34583 жыл бұрын
Funny, 2 min in I thought... what about using a flash loan to pick up big liquidations. Sure many are using.
@EatTheBlocks3 жыл бұрын
yes its one of the main use case :)
@darrenblackhurst81002 жыл бұрын
Your probably an extremely busy guy but it would be interesting to hear from you if this is still profitable in 2021 for the "little guys", someone just copying your video and making their own bot. Probably not for the little guys cause I've heard this has become an extremely sophisticated area in DeFi. I am super curious just to see how it works so I may secure some funds/crypto to deploy this anyways. Good practice I guess.
@feki0014 жыл бұрын
Thanx for usefull video!!! 🌶️ More like this is more than wellcome!
@UnlimitedTCG-EU3 жыл бұрын
@EatTheBlocks Is there a way to use flashloans to liquidate?
@kaydenkayden70992 жыл бұрын
How do I connect to my Own ethereum node using this bot ? I have tried multiple times but shows error fail to connect but the URL I have is ipc end point Please advise me thanks
@543whitey Жыл бұрын
2 years later, is it still profitable to do this?
@meagspies3 жыл бұрын
Great video. Where do you explain how to encorporate flashloans into liquidations? Thanks
@EatTheBlocks3 жыл бұрын
Great suggestions!
@peturorri33653 жыл бұрын
Thank you for the video! Why do you use wrapped eth. I cant see nothing about weth on dydx, just eth?
@antongev48613 жыл бұрын
Hello@ Thanks for your video! How can I make this bot to work with my ethereum node locally? Through ipc? Thank you.
@cococrypto13814 жыл бұрын
Great content!
@joshb54272 жыл бұрын
Is there an update due to the liquidation not being DEPRECATED?
@sandor8022 Жыл бұрын
Hello, if another nod is already running on the vps, can I run this nod alongside it?
@traereal85763 жыл бұрын
Can somebody help me out. What is said at 2:44. His accent is very strong there and I’m having a hard time understanding that one phrase.
@msettecasse4 жыл бұрын
Hi Julien! thanks 4 the video i already subscribed to your channel and I liked your video! just a question to run a liquidation bot on aave is similar?
@EatTheBlocks4 жыл бұрын
Hey Mike I have no idea :( You ll have to research if Aave has an official liquidation bot (they may not...). But the general idea is similar: a script that runs 24/7 to see if they are liquidation opportunities.
@iberryboi4 жыл бұрын
Very helpful, thanks 👍
@willywily5063 Жыл бұрын
this still works in 2022?
@lukehalpin85713 жыл бұрын
great channel stellar work. do you know if the liquidator bot works on layer 2?
@EatTheBlocks3 жыл бұрын
thanks! no I dont know
@lukehalpin85713 жыл бұрын
cool
@genuineairdrop29323 жыл бұрын
Great tutorial
@EatTheBlocks3 жыл бұрын
Thank you! Cheers!
@jhramirezr2 жыл бұрын
Still valid? Says deprecated on the github link
@willywily5063 Жыл бұрын
no
@vitalgeneration38273 жыл бұрын
Is there a way to stake with a flashloan? This should be risk free or not?
@EatTheBlocks3 жыл бұрын
no
@t3kil4t3x4 жыл бұрын
great content
@finessiano36563 жыл бұрын
Sir, do you have a course on how to combine this bot with flash loans? Thank you
@EatTheBlocks3 жыл бұрын
No, but I do have a course on flashloan arbitrage here: eattheblocks-pro.teachable.com/p/profitable-flashloans
@finessiano36563 жыл бұрын
@@EatTheBlocks thank you. I am taking this 100%. If this won’t cover how to integrate flash loan with the liquidation bot would you be able to create a short video about it? I am willing to pay the same amount as for the course. Thank you
@lifeoftraderlot56473 жыл бұрын
I'm not able to enroll 😭
@chip_klutzy63842 жыл бұрын
the background music really drives me crazy
@joeschaffner48653 жыл бұрын
does this stuff stil work? there must be a lot of competition by now..
@giacomopezzarossi65522 жыл бұрын
this still works in 2021?
@gyasicool2 жыл бұрын
The whole platform looks different now
@denisdelinger32653 жыл бұрын
so you go through this whole speech about how you use SSH keys because it's "more secure" than a password, but then you say to give them your private key, which completely eliminates all security. Care to elaborate on that?
@EatTheBlocks3 жыл бұрын
"give them your private key" => No, you don't give your private key to anybody. The private key is on the machine that runs the bot, i.e a machine that you control.
@theCreepyFriendly3 жыл бұрын
Hey EatTheBlock wondering if you could help i keep getting an error message: Starting in env undefined 2020-11-06 09:43:30 [error]: { "at": "web3#loadAccounts", "message": "Owner private key does not match address", the solo & perp address isn't mine should these be different to private key & eth address?
@leonlatouche42893 жыл бұрын
I'm having the same problem did you resolve the issue?
@theCreepyFriendly3 жыл бұрын
@@leonlatouche4289 nah, it worked once intially as my eth node had 10 transaction attempts but prior to that i couldn't tell it was working and stopped the bot then couldn't get it working. I've heard that you need a fair sum of capital to make the liquidators bot work proficiently. I've been testing out DYDX just using margin trades and you gotta pay so much on fees you need +6% Profit to offset any claim position without closing at a loss.
@leonlatouche42893 жыл бұрын
@@theCreepyFriendly ahhhh ok thanks for letting me know, I'll abandon this avenue for now I've been trying to find a flash loan trading bot but it looks like i might have to learn to code it myself on the plus side i have plenty of time on my hands so I'd better start learning Solidity.
@theCreepyFriendly3 жыл бұрын
@@leonlatouche4289 wishing you a prosperous journey ahead.
@thorthumb00313 жыл бұрын
Your private key must start with "0x", and then it should work.
@hivaladeen48923 жыл бұрын
1 Eth = 385 USD? I wish :(
@siddharthdedhia112 жыл бұрын
385 EUR eth what a dream hahaha
@hmurdock2 жыл бұрын
Crap, I'm seeing this video a day too late :|
@kul32862 жыл бұрын
Me too
@infraurbana3 жыл бұрын
When he told that 1k DAI is a small amount, i started seeing this as a scam system.
@skeleskele3 жыл бұрын
why? how would that make you think DAI a scam?
@infraurbana3 жыл бұрын
@@skeleskele why you think im saying DAI is scam?
@skeleskele3 жыл бұрын
@@infraurbana because you said DAI?
@infraurbana3 жыл бұрын
@@skeleskele read it until you understand the sentence.