Flight Safety Foundation recommend using all the tools at your disposal for altitude awareness. Unless flying an ILS, using the altsel for minima and setting the radalt (on non-cat 2/3 approaches) to some sensible height BELOW minima (to avoid early spurious warnings) are techniques adopted by many operators.
Then if the rad alt goes off or you go below the altsel 'below level' trigger (usually 100 to 150 ft) and you are not visual, a missed approach becomes mandatory. Sure, you will have busted minima, but better to go around late than not at all in such a situation.
What is most important is to avoid over-using the radalt or altsel or various bugs to gather useless information or to become pre-conditioned to ignoring warnings. One operator I did some training with had the ridiculous notion that the radalt should be set to 400ft for every takeoff. The idea was to take off with the amber warning light ON and when it went out that was the cue to accelerate. For a visual approach they set it to threshold elevation for reasons I never could grasp. Anti-logic.