I do not try to time small movements or day trade and I mainly hold myself. Stake what I can and run bots/nodes to help the community.
I do think that profit can be made with minimal risks if you limit the risks with stop orders, watch charts, and do some research. I only attempt this when I am anticipating big dips and the likely hood of it going the other way is not high.
Sorry my post was condensed but I had stated previously the best recommendation would have been to sell out (if you were comfortable with it) if not then to just hold. I said it was bad advice to be buying into alts during the last two weeks(mainly with fiat). To me that is good advice, people might not agree, but it definitely doesn't warrant being flagged or to be insulted.
I can agree with most of what you said and I am glad you do your own work and use other peoples TA, advice, research as tools to help you succeed. Because really just this TA, or someone else TA is not enough.
Taxes can be an issue, but talking to my accountant, from his understanding its considered a capital gain regardless if you are just holding or do minimal trading unless you are considered a day trader (several trades daily) then you get hammered. You would only have a bigger paper trail, but i only try to time the big dips.