Would someone tell me the "generally" accepted practices for trading "penny" Crypto?

I got into ARK today at $1.86, liquidated my stagnant ETH I picked up at $250. Would you mind detailing the "fundamentals" of low-priced (sub $2,) high-volatility crypto?

When to sell?
What % of holdings to sell?
Ideal diversity of low-priced crypto to greater portfolio?

Thanks in advance

submitted by /u/Jaw709
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