Back from vacation!

Question time: What's your broad strategy for rebalancing? In particular, for mine, I'm thinking through:

• Brackets for taking profit (and how much to take at each)
• Where to hold that profit (...LTC?)
• How often to do it
• Big one: Do you rebalance based on individual performance (i.e. XMR is up 300% -> put 33% someplace else), or based on target portfolio %'s overall (i.e. after 10% drift, move coins with less emphasis on individual fundamentals).
  

For instance, elements of my (and your) portfolio did nicely over the last week. Just can't tell if its worth it to hodl for a year and rebalance with new fiat or keep making these relatively exotic swaps (plus the stress that comes with chasing alts + taxes).

Technically, I'm still underweight on my LTC % even after some profit-taking into it, so that makes me think I should take even more into it. Even so, part of me is like...that's a high % of LTC just sitting there, and I want to reduce that position even further into something looking more primed (i.e. STEEM/BTS/etc.).

Thoughts on a rational framework for this?