I'm answering some of the points I'm doing with DCA at the moment.
Some questions that I would like to ask here:
1. Does DCAing work when the price of BTC is rising and declining? (bear and bull markets). Now that price of BTC is rising, should I continue to do DCAing?
No, because it depends on the individual, but usually DCA is done regardless of when prices go up/down, I even did from $16k - $28kK and I will continue with it, but it depends on you how you want it.
2. Should I strictly follow a schedule? Like every month, every week and etc. Is schedule is even important?
I think about my cash flow so I don't set a tight schedule but what I do the most is every week, when the income doesn't match then I decide every month.
3. How about the amount of money you put into BTC while DCAing? Should be the same about and it can vary?
I always do with varying the amount entered in BTC and do not set a certain amount at the same time but I always try to increase every money input.
Again, it depends on how the cash flow is managed.
4. What are other considerations I should take while doing DCA in the rising market? Please note I am considering BTC only.
If it's been an advantage while doing DCA maybe you can take advantage of it or want to continue to accumulate with more it doesn't matter, but I plan another consideration is to continue to accumulate it.
5. Is there times/cases/periods when DCAing is not profitable?
For bitcoin maybe not, but if DCA is on altcoins then it's an unprofitable period.
6. When to stop DCAing?
5 years later. maybe