Best strategy for Dollar Cost Averaging

[palle11]

What is your best strategy for Dollar Cost Averaging, do you do it weekly, monthly?
What do you advice and why?

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.

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.

[stompix]

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!

[dunfida]

I have searched and seen that;

Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security.

What is your best strategy for Dollar Cost Averaging, do you do it weekly, monthly?
What do you advice and why?

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

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.