When to DCA? Analysis based on the last 365 days.

Everyone here constantly says we should DCA. But I was wondering what is the best frequency to buy. To calculate this, I took Bitcoin prices from the last 365 days, always at midnight (Pacific Time)

It's not important for the percentages, but for information the total amount in each scenario is $1830 dollars invested. Converted, this means a daily investment of $5 in BTC.

I used the Coinbase fee system of 1% flat fee. So the numbers are also correct for Binance, for example, which has no fees.

There are 3 scenarios.

1. A daily investment
2. A weekly investment always on the same day
3. A monthly investment on the 1st day of the month.

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https://preview.redd.it/crzw2mgdtkla1.png?2251&format=png&auto=webp&s=460ca3d6efa0efc6bad9a81239d357e36ce7b0f6

Conclusion

Unfortunately no matter what you did, after the past 365 days you were going to end up in the red in all scenarios.

But I do find it remarkable that monthly is not the right method anyway. Daily is the least risk. But in the last 365 days, surely every week on Wednesday was pretty clearly the best day to DCA.

(I did on Sunday this last year, so that was not the best choice it seems :p)

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Disclaimer: There are of course many variables here that we cannot take into account, times, events, variations.... but it still gives an interesting indication of the past year.