For a long time, ChatGPT ruled the AI space, standing alongside others like Claude or Gemini. But now, DeepSeek is shaking things up with lower priced reasoning capabilities and a fresh approach to innovation.
So whether you’re a trader, developer, writer or just someone curious about AI, this guide will teach you how to leverage the full potential of DeepSeek for wealth creation.
How to use DeepSeek
To use DeepSeek, access DeepSeek via DeepSeek Chat or the mobile/desktop app, log in, select the R1 model, and enable web search for real-time data from within the prompt box. For advanced use, integrate with tools like Visual Studio Code or Make.com to automate workflows. You can also run it locally by downloading Ollama, installing it, and launching with ollama run deepseek-r1:8b or privacy and speed. DeepSeek also supports creating AI agents using Web UI or automating tasks with Google Sheets and WordPress.
Step 1: Accessing DeepSeek
1.1 Open DeepSeek
To get started with DeepSeek, open your browser and visit DeepSeek Chat. This is the main platform where you can interact with DeepSeek R1 and access its features. If you prefer mobile access, you can download the DeepSeek app directly from the Apple App Store or Google Play Store.

1.2 Log in
Once you’ve opened DeepSeek Chat or installed the app, log in using one of the following methods:
- Google Account: Click the Google login option and use your credentials.
- Apple ID: Choose the Apple ID login for a quick and secure connection.
- Email: If you prefer, you can create an account manually using your email. Enter your email address, set a password, and verify your account via the confirmation email sent to your inbox.

Step 2: Setting up DeepSeek
2.1 Select the R1 model
After logging in, you’ll land on the DeepSeek dashboard. Here’s how to set up the R1 Model:
- Look for the Model Selector on the prompt box.
- Select DeepSeek R1 from within the prompt box directly.
- Confirm your selection by checking that “R1” is displayed as the active model (blue highlights).

2.2 Enable web search
To enhance your DeepSeek experience, enable the Web Search feature for real-time information retrieval by:
- Clicking the “Search” option in the prompt box.
- Toggling it to “On.”
- A confirmation message may appear, indicating that the feature is now active (with blue highlights).

Step 3: Using DeepSeek for content and applications
3.1 Generating content for trading & investment
DeepSeek can generate well-reasoned content tailored to the financial markets, trading strategies, and investment trends:
1. Enter your request in the chat box.
💡 Example: "Write a 500-word article on how Bitcoin halving affects market prices."
2. Press Enter or click the submit button.
3. DeepSeek will analyze your request and generate content in 10 seconds or so.
4. Review the output and refine it with follow-up instructions.
💡 Example: "Add historical examples from previous Bitcoin halvings."

3.2 Building applications for trading & investment
DeepSeek can be used to develop trading tools and investment-related applications quickly and efficiently by:
1. Providing a coding request in the chat box.
💡 Example: "Create a Python script that fetches real-time Bitcoin price data and calculates moving averages."
2. DeepSeek will:
- Plan the structure of the application, including necessary components like data fetching, trend analysis, and visualization.
- Write the code step by step, ensuring it is functional and optimized for real-world use.
- Provide explanations for each section, making it easier to modify or expand later.
- Test the code in a local development environment or request refinements.
💡 Example: "Optimize the script to display Bollinger Bands and RSI indicators."

Tina, MC² Finance’s AI wealth assistant, offers advanced token analysis and wealth-building insights. Access her on MC² Finance’s Discord or check out her tweets.
3.3 Running HTML directly for financial dashboards
DeepSeek makes it easy to create and preview investment dashboards or trading-related web applications.
Here’s how:
1. Enter a request in the chat box to generate an HTML-based project.
💡 Example: "Build a crypto portfolio tracker that displays real-time price updates and portfolio performance."
2. Once DeepSeek generates the code, look for the Run HTML button alongside the output.
3. Click Run HTML to preview the application directly within DeepSeek’s interface.
4. Review the live preview and request further refinements.
💡 Example: "Add a candlestick chart to visualize daily price movements."

Step 4: Running DeepSeek locally
4.1 Installing the required software
To run DeepSeek locally, you’ll need to set up the necessary tools like:
- Visit the Olama official website and download the software suitable for your operating system (Windows, macOS, or Linux).
- Follow the provided installation instructions to set up Olama.
- For macOS or Linux, you may need to use your terminal to complete the installation.
- For Windows, ensure you allow permissions for the installer to run.

4.2 Launching DeepSeek locally
Once Ollama is installed, you can start running DeepSeek R1 locally:
1. Open your terminal or command prompt.
2. Type the following:
bash
ollama run deepseek-r1:8b
3. Press Enter to launch the DeepSeek R1 model.
4. Leave Olama running in the background to maintain optimal performance during use.

4.3 Why run DeepSeek locally?
Running DeepSeek on your local machine provides several advantages:
- Enhanced privacy: Since the tasks are processed offline, your data remains completely private.
- Improved speed: For larger models like DeepSeek R1, local execution often results in faster performance compared to web-based options.
- Offline availability: You can use DeepSeek even without an internet connection.

Requirements to run DeepSeek
Minimum RAM: 20 GB is required for basic operation, but this will result in sluggish performance.
Recommended RAM: For better performance, a total of 80 GB (combining RAM and VRAM) is ideal, especially if using high-performance GPUs like the NVIDIA H100
Storage: Approximately 140 GB of disk space is necessary to accommodate model weights
Step 5: Advanced functionalities
5.1 Building tools and applications
Expand your capabilities by using DeepSeek R1 alongside development tools for creating more complex projects:
- Generate initial code: Enter prompts like “Build a to-do list app in JavaScript” in DeepSeek to create the base code.
- Enhance locally: Import the generated code into tools like Visual Studio Code or Bolt DIY for additional customization and refinement.
- Test and deploy: Once your application is finalized, test it locally and deploy it using platforms like Netlify or Heroku for public access.

5.2 Automating workflows
DeepSeek can help automate repetitive tasks and streamline your workflow by integrating with platforms like Google Sheets or WordPress:
1. Data integration
Connect Google Sheets to DeepSeek for automated data processing (i.e., generating summaries or analyzing trends) by:
a. Use Make.com or Zapier to integrate Google Sheets with DeepSeek’s API.
b. Select a trigger (e.g., when a new row is added or modified).
c. Define the automation—send the data to DeepSeek for analysis.
d. Get processed results—DeepSeek will generate summaries, analyze trends, or structure insights.
e. Automatically update Google Sheets with DeepSeek’s output.
2. Content automation
Use DeepSeek’s API to automate tasks like uploading blogs to WordPress, with internal links and formatting.
Workflow example
A workflow can pull data from Google Sheets, run it through DeepSeek for processing, and send the results directly to a WordPress draft.

5.3 Creating custom AI agents
Leverage DeepSeek to build personalized AI tools and agents for unique use cases:
1. Set up web-based AI
Use browser-based tools like Web UI to create and manage custom AI agents.
2. Example project
Create a chatbot that answers FAQs for your website. Provide DeepSeek with a dataset of questions and answers, and it will automate responses for your audience.
3. How to deploy
Host the AI agent locally or online, and integrate it with messaging platforms like Telegram, Slack, or your website for seamless operation.

Final thoughts
DeepSeek offers a versatile and powerful way to manage tasks, from building applications to conducting advanced research. Alongside Tina, the AI assistant from MC² Finance, it provides unparalleled capabilities for token analysis and wealth-building insights.
💡 Do remember to also check out the different types of AI agents you can make with it.