I'm in the same situation, but I don't think there are many that have the consistency of ETH. I think that is part of the reason why he says that you could make real money position trading but you'll get board as hell. The daily action is in day trading. Paraphrasing from memory... pretty sure that was his message.
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yes, but day trading honestly feels like small time gambling. You rush to click the coin, and out bid the other guy for some low volume coin that barely will net you $50-100 over a few hours because the book is too thin to use more than 1 BTC per trade. Im getting tired of it, but it fills in the time between the larger dips I guess