If I were a cryptocurrency market manipulator, how would I operate?
1. Launch with an obscure opening, using a very poor angle to initiate the price movement, such as riding a narrative hype. After the initial surge, sell off a portion of your holdings.
2. After a while, when the price is close to zero, buy up your holdings, find a celebrity to comment on the topic/angle, and then pump the price up with a large bullish candle, causing everyone else to miss out and chase the high.
3. Tell a story, secretly sell off your holdings, and let everyone build on the momentum.
4. Repeat steps 1, 2, and 3, telling everyone to hold.