What's the mechanism behind pumping? Profiting in both BTC & altcoin possible?

[stomachgrowls]

Let me narrow down this discussion with respect to Elon Musk and dogecoin for easy understanding purposes.

Dogecoin was trading around 30 satoshi few months back and we assume Elon Musk started his pumping with ~100 BTC.

Basically my question is, did they book profits for the dogecoins they bought under 50 satoshi when they were pumping above 100 satoshi? Or simply hoarding all the dogecoins into stash for profit booking all at once?

If they gather all buying means they they will surely run out of BTCs to keep buying after some point of time.

At the same time, if they keep booking profits time to time then they can take dogecoins to any level like even one dogecoin may value 0.1BTC also (because they do have 100 or more BTC in reserve to keep pumping).

Even I am into trading for years, I could not imagine how manipulation of such coin will work.

Any idea on what behind the screens going on?

Answer on first question about hoarding all doge into stash and profit booking all at once? then no one can really read up on whats up into their minds not only limited to Elon but other big players as well here on the market.

They dont care neither they would stash out Bitcoin or a particular altcoin as long they would really be profiting out in terms of USD or fiat then that would count and its their funds that had been invested.

Its up to them on how they would really be switching on and switching off between btc and alts and for sure they are really much aware on what they are doing.They cant just do such steps that they
would make themselves lose money instead.

[pixie85]

I don't know what Elon did but usually pumping is done this way:
A group of influential people buy a coin and later go public with some news or their intent to buy.
People expect something to happen and watch the market, some buy in anticipation and raise the price already.
The group makes its move buying more, but this time in 1 move to make it seen.
They wait for people to go crazy and when it happens they sell what they were buying early on in secret and are able to show that they still hold what they bought at the pump.
Their image stays positive, they make some money, they still hold the asset to be able to show they're true to their word.

Elon did that. He announced that Tesla was going to buy and Tesla did. He later said that Tesla sold some coins but it wasn't him, he still holds
We don't know how much he bought before Tesla's pump, we don't know how much he sold after.

[Ucy]

It's possible to calculate and predict how the price will move if you have sufficient knowledge about the supply and demand. The coin pumpers could do controlled pumping  by hyping a coin in unism, using exchanges they  have sufficient data for, and when the coin start getting to the desire price they slow down the hype. If you want to make it hard for them to predict the price, find ways to buy the coin secretly from people that have loads of it, then go to the exchange and sell them all. That could mess up whatever algorithm they're using to control the pumping.

[bitgolden]

If you want to make it hard for them to predict the price, find ways to buy the coin secretly from people that have loads of it, then go to the exchange and sell them all. That could mess up whatever algorithm they're using to control the pumping.

I am not seeing it like a working idea; you cannot stop or trick whales with your 1 or 2 bitcoins. Moreover when one whale is pumping, then other whales also might be joining to make easy profits which makes such pumps more harder and predictable at times. When group of whales are in action, I guess individuals need to accept and move on rather than trying anything against them by considering the power of group of whales.