I came up with this strategy after numerous tests and experiments on micro amounts. I did not test my strategy on a demo account, because the demo account does not live a market life and the real price behavior cannot be tracked there. Bitcoin is inherently volatile, but it always (sooner or later) bounces back, so you can use it and not spend your bitcoins in vain. When you are trading for a couple of hundred bucks, you can put a stop loss and quickly re-enter the trade, and when 4-8 bitcoins are involved in the trade, it is better to think a little more than make decisions like exiting on a stop loss, since when such amounts, one click of a button can take a lot of money from you.
Although I later realized that all trading is too tiring and sent it to hell by switching to investing.
Interesting reading up on your post exchanges here, also new for me to hear DCA being used in a trading perspective (and no, am not conveniently ignoring that as a DCA-er in the end I'm closing a trade if I plan to liquidate at some point, no matter how far down the line!).
Don't have the precise stats but yeah, Bitcoin spends about 80% of the time, if not more, in sideway and bearish motions, with short-lived rallies, but crucially, rallies that lift up the long-term bottoms... so DCA is just logically the most profitable way to invest.
I discovered what a tiring and soul-sucking thing trading was over a decade before I got into Bitcoin... am sure many of you've been down the forex road