If you look at the history, you will see that altcoins are dead capital 99% of the time and the profits are made in a few weeks. I use trailing stop/take profit limit orders with different deltas to take advantage of the momentum and to be stopped out without emotion when the momentum turns negative.
This often costs me 20-30% of the top with low caps, but I don't sell too early and don't run the risk of taking 98% downside with me. BTC is the only one where I don't care about a 70% downside because it has fundamentals.
