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I have searched and seen that;
What is your best strategy for Dollar Cost Averaging, do you do it weekly, monthly?
What do you advice and why?

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https://www.investopedia.com/terms/d/dollarcostaveraging.asp

The point of DCA is that it doesn't really matter if you do it weekly or monthly. I'd say make it depend on transaction fees: if you buy small amounts, too can save money by buying slightly larger amounts less often.

Well, this quote says "regardless of the price of the security", this is part of the sentence I do not agree with
For me, dollar cost average is buying, maybe same amount of bitcoin(for example) at a different price ranges while the market price is going down or in a bear mode.

Like I explained above, my best strategy for dollar cost averaging is to by same amount of the coin at a cheaper price from time to time, could be every daily, every three days, weekly or bi-weekly, it all depends on how strong the bear market is at the period in time..

And my advice and why, dollar cost average is a good strategy to make more profit on your investment since it's helps to bring down or reduce your average buying price, by buying same amount of bitcoin at a cheaper price, you are reducing the over all buying price of all the bitcoins bought in the period.

It depends upon how much money do you have and how much do you want to invest in the DCA of bitcoin. You can buy each week or each month and do not think about the price. If you see the price, you will not be ale to do DCA as you always think that you are buying too low or too high.

I will prefer monthly DCA on 1st of every month. Make sure, you keep buying bitcoin periodically and keep on accumulating bitcoin at all prices.

It depends on their needs how many dollars will be put in bitcoin and varies in this case because they also have to manage their cash flow all the time as long as with this DCA strategy because this is for a long time let's say 3 to 5 years in the future.

I do it weekly, it's not even how much dollars I put in, but at least $ 10 must be put in DCA or even more, it depends on the cash flow I get while I work and the income in the business that I run.
I started maybe at the right time when the bitcoin price was low, I did it until now, sometimes there are obstacles as well as several other needs that can clog DCA, stop for 1 week or one month, I have experienced that.

Yes, how much is the best for Dollar Cost Average they have their own way you can calculate it here : https://dcabtc.com/

I am not completely sure what you mean by strategy for Dollar Cost Averaging since Dollar Cost Averaging is the strategy itself. If you were to ask me how I do it then I say you simply divide your money up and invest/trade as you would normally except not all at once. I personally use the daily scale and invest in each dip. At any moment, a giant red candle could appear and ruin your day. Same goes for the giant green candle. Nobody knows when or why it will happen but we know that it will happen. So the best course of action is to minimize the risk with DCA.

There's no specific period of time of when I'm doing it. As long as I've got enough budget to buy bitcoin then that's my DCA, no specifics like weekly or monthly.

Just buy when you've got enough and you're not emotional. But if it's bitcoin and you're longing to do it in a long period of time then price doesn't matter to you.

What matters to you is when you've got money, you'll just buy and accumulate those bits/satoshis that you can buy with the current value that you've got.

For me the right frequency for Dollar cost Average in bitcoin particularly in a bear market is the period that allows me to stick to the plan.
Basically, it is just to stick with whatever frequency that you are comfortable with. That is one that you feel you will do consistently. Just allow your personal and behavioural preference dictate it. No one can really tell you because it is not a one-size fits all approach.

if you are purely buying with new income (your wage) then continual buys when you get paid is great at this time of this year

but if you are buying using some savings. splitting up savings per month. you can customise it a bit

EG knowing the major window of trade is between $15k $90k (world economics of value:premium window)

put more in when the price is nearer to bottom and less as the price increases

EG if you have $24k you want to invest over 2023 meaning you set yourself a limit of $2 a month of your savings

realise that
if the market value: premium window is 15-90
the midpoint is 52.5
meaning the potential flippening of sentiment of when you change from a buyer to seller
(if you only want to invest for a year to exit at the year)

thus set limits of how much of your $24k you put in per month between the $15k-52k range

EG
$3k at 15k-24k
$2.5k at 24k-33k
$2k at 33k-42k
$1.5k at 42k 51k

DCA should be done in the moment you receive your paycheck. If you earn weekly, do it weekly, if you earn monthly, do it monthly. It's important to follow this strategy, so you don't distract yourself purchasing another stuff in your daily routine that will compromise your DCA plan.

Also, make sure to write the price you are buying BTC each new turn in a spreadsheet, so once you cashout your profits futurely, you can calculate accurately how much you have made and how much you have invested.

Not quite, if your goal is to get a true average, than buying as often as possible would be the best way to do it. But it's not very practical and yes, fees can get in the way - unless they're purely determined as a percentage of transaction, in which case they're irrelevant.

The most convenient way, for someone who gets their primary income from employment, would be to set a recurring buy on the day of your pay day, or shortly after.

But as much as DCA is a simple concept, it's proven to be less effective on average than timing the market (i.e. buying a bit more on what looks like a bottom, and bit less on what looks like the top).

The best for DCA is not to do it by random or weekly or monthly as you said but you need to do an analysis on your own first to check your support and resistance levels and then monitor through the chart to see where price will probably move to before you go in. Basically, it is good that you DCA when the price has dropped because you will have more chances of profit than when you buy on the high after price has broken for bull direction.

Doesnt matter on when you would get in when it comes to DCA because it would really be completely depending on you on when you would decide to enter.As long you do have the funds on doing
so then every price that is going down would really be ideal on doing that DCA.Its true that not all does have the money on doing this DCA and this is why its really that hard to maintain out
such strategy but its true that if you are really that going for long term then this would be the best shot. Ive been doing this on everytime the price do make out some decrease
because these are opportunities for you to buy cheaper coins.

Its ideal to do this Monthly which is easy to achieve once you set-up your budget for this.
As long as you are buying good projects and good coins, I can say that this is worth it especially if you are able to start this during the bear market. Analyze the risk and plan your budget, DCA is a boring way of investing buy I can say that its worth it once you already saw you’re making profit. Have a target once and don’t be afraid to take profit.

But Dollar Cost Averaging is a strategy it's self. The time intervals are up to you as an investor, Someone can do daily, weekly, bi-weekly or monthly also depending on the amount you will be putting in per interval.

What matters most is consistency, does your time interval allow you to buy a specific number of assets without straining yourself so much or making you think of selling off your assets at one point when you lack funds?

Run a quick simulation on dcabtc.com (https://dcabtc.com/), results are not surprising, buying frequency made very little difference. The results for "monthly" are a bit distorted as the site doesn't allow to enter $ amount with decimals, so used $30 instead of $30.4.

	3 years	9 years
$1 daily	$2,112	$130,873
$7 weekly	$2,141	$131,053
$30 monthly	$2,169	$130,833

This could be a great interpretation but then again, its not guaranteed as the market is very volatile and risky, probably the risk with the top coins are lower compare to the other altcoins. DCA seems to be the easiest strategy to many since they don’t analyze the price from time to time and they are just waiting for their funds to come-in and they will invest right away. My option could be a monthly basis, this can be more practical especially if you have limited funds.

This topic is not about whether Bitcoin (or other assets) is risky or not, but about the best way of doing the DCA. The simulation I ran shows that it makes very little difference whether it's daily, weekly or monthly.


Funds being limited is irrelevant here. Instead of buying monthly, you could split the same amount and buy weekly or daily, but again, it doesn't really matter.

If you ask how I am, I have implemented DCA every month.
Why? Because I already have a plan and share the money I have.
For daily needs, for savings, for emergency funds and for investing.

But everyone must have their own strategy depending on their economic conditions.
And it also depends on how they plan to manage their money.

The question is, what is your afford to do so? Is weekly ok to your or better if you do this Monthly?
I have this strategy before when my weekly profit from crypto signature is still active, and its very effective for me because I was able to save some crypto and earn some profit at the same time. DCA is more about your commitment, so make sure you ready for this and you have the timeline to follow so you wont be force to sell. Also, better to have other savings to cover up for your emergency expenses.

It's good strategy to accumulate coins with you overtime if you don't have sufficient funds to invest at once.This is applied by many traders by putting fixed amounts weekly or any time period they find suitable but for me it's good if you have say 2+ years in mind that will help you get some good amount with you but don't invest too small amount that would not cover even the tx fees say make it above $10 for best.

You may keep your investment habits as simple as possible like how I am doing. I mean there would be no compulsion for same amount and in regular interval. I am doing like a piggy bank saving; yes, I do buy bitcoins based on my available fund and based on my interest on buying and not regularly buying or not for the same amount. But, there are enough reasons why criteria for DCA emphasises these. Let me explain.

If you buy for a small amount during bull market and for bigger amount in bear market then your overall profit/loss level will get impacted heavily. Similarly when you are not buying at regular interval then you may miss any "ultimate bottom" levels.

But, when you are planning for long term holding like 5 years or 10 years then you never need to bother any of these criteria as bitcoin market will peak for every 4 years and you will be into profits after 4 years for sure.

There are many kinds of cryptocurrencies and many of them are cheap so there is no need for us to accumulate a lot of funds only to invest on them. If you prefer to invest on large coins then you can do the DCA strategy if you do not have the budget to buy a one whole coin. I think DCA is mainly done by the investors and not by the traders. Traders have a different approach when it comes to making a profit.

2 years of DCAing is quite long but I think there will be bull runs already that will come within this period so it's inevitable that one must sell but this is a good idea so that we will have another set of funds for another round of DCA's.

DCA seems to be the trend during the bear market as many prepares for the green days and I agree, its also good to have a good amount of money to invest every time, because if its just a small amount of money like a $10 below, they it might not be worth it because of the fees. Anyway, I also practice this and so far I'm being consistent and didn't have any problem committing on this, maybe its because I have a good budgeting and this is very important if you want to succeed in DCA.

Dollar Cost Averaging is a strategy in which the factor of time and price disappears in trading, and therefore it depends on choosing fixed times for trading so that its average is profitable in the long run, and therefore you must buy at times when the price is high or low, which means that if you just want to follow it, I must ignore both staff.

To improve it you can develop the skills of choosing the right platform, choosing the right time for withdrawals, how to reduce withdrawal fees, minimizing the tax impact and choosing the right day (eg Sunday is often an excellent day to buy.)

You can use it with several strategies to maximize your profits, but then it will be part of your trading plan and not a specific strategy.

With Dollar Cost Averaging strategy, you don't have to time the market.

Just work, get salary and use part of your salary for DCA. If there is things to time, time your job deadlines and salary receiving days in order to allocate money for DCA better.

DCA is for real investment, very long term so I don't think using exchanges to store your bitcoin through DCA is a good and safe idea. Storing bitcoin you buy and DCA to your non custodial wallet, not exchange wallet.

Security checklist (https://cryptosec.info/checklist/)

DCA simplifies things for investors and gives them more time to enjoy their lives.

Bitcoin ROI charts. (https://casebitcoin.com/charts) and data tables (https://casebitcoin.com/charts#data_tables) represent very good profit from Bitcoin investment after a few years of DCA and hodling.

I do a monthly Dollar Cost Average strategy by investing a small amount of my money, and I keep the BTC in my wallet. It worked to my advantage a bit when the price of BTC went up like it is now. But I'm still trying to collect more BTC because once the price goes up, I can see my real profit. And setting aside some funds to buy BTC can help me to collect more BTC. I also use trading to make profits in BTC, even though the profits are small.

Every week or every two weeks or maybe every month of DCA it doesn't matter. The main thing you need to think about is how you have the money to do it. You can save month's salary at the end of the month, and you do DCA at the beginning of the month because at that time you can plan after you receive another salary for the new month.

So far I have been inconsistent about time, depending on how I get money because not all of my budget comes from my monthly salary to invest. Then I started to consider some altcoin as well, it was to diversify assets instead of just on bitcoin.

Income and expenses must be adjusted but for each month after receiving the month-end salary I think this is what many people often do if they can't afford the weekly DCA, so far I can still do it with the weekly DCA but it's true I really have to be able to manage finances which is entered and re-entered into the DCA, while separating other needs must also be considered carefully.

It has to be adjusted as needed because we are always different in how we do it, often someone does DCA when they get from trade results, airdrops or even from signature campaign paydays, most importantly they can put it into bitcoin even though it's only a little he can , but for me to diversify not in altcoins at the moment only one bitcoin is my long term handle with the DCA method.

That calculator is broken

Bitcoindollarcostaverage (https://www.bitcoindollarcostaverage.com/)
USD Total Spent             $1,113.00
Today's BTC DCA Value   $1,382.70

Crypto head (https://cryptohead.io/dca-crypto-calculator/?crypto=bitcoin&fiat=USD&qty=7&frequency=weekly&start=2020-01-27&finish=2023-01-27):
Invested $ 1,106
Total Accumulated $ 1,360 +22.97%

Dca-cc  (https://www.dca-cc.com/)
Total Investment  $1,099
Value in FIAT  $1,332.83 +21.28%

Same for the 9 years, it's not $131,053 but $ 72,906.
It's also funny since if you select the last two years it still gives you a profit, while obviously you would have lost money in this period

I consider the price and fees when doing this. Usually, I buy some when the price is down and there is no time frame as long as you could think that it was the best timing. Most important is that we are on our plan "buying low" because what need is to take advantage of the market decline and we can do this any time of the day as long as we still have the money. We can do this monthly or weekly, but that will happen if we already know the market trend, unfortunately, we don't know.

That's true, you shouldn't be holding all your coins there, but trusted exchanges are still the best way to do DCA if they offer automatic, recurring purchase options. Without that, you'd have to do it manually say each week or month, so it'd be pretty hard to keep discipline.
Then, every now and then, when the amount getts bigger, you could withdraw to the non-custodial wallet.


Good spot! Thanks

According to my thinking, doing DCA is not something that needs to be done on a timely basis, but based on how precisely it is timed.
There are SR levels that we can see on the charts each time a specific value is reached, but DCA depends on whether the price will bounce back from the least value you've bought it from, or not. It will not be useful if the market keep going against you. There are specific support levels where certain traders set their buys and wait for it to be triggered, then if it breaks down the support and tries to find a different support downwards, they buy additional coins from some % of their portfolio, so division of your portfolio is what makes DCA a perfect or imperfect way to gain/lose money in whatever you trade.

Yes this would be on timely basis and also this cant really be just for you to easily put up your funds without any basis and it would be normal that you would really come after for those most cheapest option or price to enter which you would be able to accumulate more.Even though you are really that going for long term but its impossible that you wouldnt mind about the maximum profitability which you could be able to make
if you have entered into a low spot but since the price is something that we cant predicted then we do just tend to get in into random numbers but well it doesnt mean that it would a hindrance
because we are really that going for long term.

I do it weekly, or when even i have extra money to invest i put some of it in crypto. But lenght of the intervals aren't really important. Important thing is that you are doing it constantly because you see that something is worth investing. That no matter the price now it's probably safe bet in the end.

I have bought crypto since start of 2014 and still keep buying it. Not saying what cryptos exactly as everyone should make their own choices.
But i have also sold it no matter the price really. As i am using it for living. I like to have my wealth i am using tied to crypto instead of fiat money. I am not sure if that's smart and in some cases it has not been, but i am a believer of it and price is comes secondary.

Yes, it's a good strategy to set your buying in a fixed amount and let it continue with your set time frame, it can help you to save up
and once the market gives you a good pump your earnings will be decent.

It's up to your judgement if you will manage to continue saving and buying your target assets and let it grow for the time that you intend to save.

planning and executing if you manage to do that the chance of making good benefits is not by far.

Pretty sure it just depends on your ability and capability of your money to buy it weekly or monthly. If you can do it consistently then that's much better in my opinion, because the article says "regardless of the price" so it doesn't matter when you do it but please do it consistently because that's the main point of this strategy.

2 years isn't that long considering if you are using DCA as your main strategy.

Before you invest in bitcoins using the Dollar Cost Averaging strategy, you need to determine how much money you will use, how long you should invest, and when you invest (daily, weekly or monthly).

For example, you prepare $ 10k, the investment period is 2 years, and you invest every month. During those 2 years, that means there are 24 months so for each month, you spend approximately $ 416, no matter what the price is in the market. You keep buying bitcoins with that money for 2 years and after 2 years, you stop investing and wait for a reversal of the bitcoin price to make a profit.

Or if you get a monthly salary and are willing to set aside $ 100 to buy bitcoins for 2-3 years. There are many ways you can use the Dollar Cost Average strategy and you can choose which one you like.

The reason to perform a DCA strategy is to avoid the pitfalls in which traders fall when trying to time the market and enter at the very bottom, so it does not matter at all if you perform your purchases on a weekly or a monthly basis, just make sure that you save your money and then invest it in bitcoin with regularity, if you can do this and maintain it for years then your profits will be impressive and the specific interval at which you performed your DCA strategy will be irrelevant.

The concept you described is not the concept of DCA.
Dollar cost averaging doesn't permit that you stress yourself watching the chart and deciding points to enter the market or not to enter.
DCA is an idea that is birthed in order to help you invest in the market when you don't know the next direction of the market. If everyone knows where the market is going, no one will do DCA.
So, DCA can be a  buying process which is targeting a particular range of price. Until the desired price is gotten, you keep buying in intervals

Sorry you have just shared the same idea as I did. I'm sure nobody likes chasing high price or ATH for DCA. Yes if you have to have a particular price in mind as the range you want to DCA then it is still same point and idea that I shared. IMO, I don't like highs for DCA and I think likewise more hodlers don't too. So doing an analysis to wait for price getting there is part of trading also and DCA is either considered as hodling or trading depending on what you have in mind and when you decide to sell.

You do still not understand what DCA is, you're still trading, no matter how you put your average, or your budget, if you choose a moment for your weekly purchases depending on the price this is not DCA, it's pure speculative trading.

DCA means you have the same amount of $, at regular intervals, no matter the price!
So if you have made 10 purchases every Monday of $100, you're not going to wait till Wednesday because the price might be lower and you're going to buy 300 worth of BTC, that no longer fits the DCA model. The whole thing behind it is to not care about the current price and only with the future goal in mind, trying to catch the bottom every week just involves the stress DCA was supposed to get rid of!

Depends on you since you do know on how big is your funds and you do know on how you do make out such partition whether it would be purchased in small percentage with those price decrease increments or would really be tending to buy all on a certain point and we do know on how DCA do looks like on keep buying whenever the price is dipping even more.It does really matter on how much money you are allocating
or budgeting on the time that you do make out such move.Not all does have the funds and not all does have the capacity on whatever things that they are dealing with
specially if it does need up money.