i was wondering what would be the best dollar cost averaging on btc based on historical data.
my first thought is to increase and decrease by a percentage regards if price is relative to a significant moving average.
for example if i want to average 100 usd per month. i could spread those 100 usd over 30 days = 33 usd per day.
now i can increase by a percentage when price is under the 50 SMA and decrease by a percentage when price is over the 50 SMA.
what i've found is that this will led to poor performance due to trend following reasons. when btc is over the 50SMA is probably a bull market and you should buy more not less.
what is in your opinion the best DCA strategy based on historical data?