To be fair, buying bitcoin daily is not a bad strategy but the problem is that it is not suitable for most of us as we are just retail investors with limited budgets. Daily DCA is more suitable for investors with larger budgets , imo.
Of course, if we want, we can still use the DCA strategy every day, but let's be smart investors. We should choose the strategy that suits our circumstances instead of following the strategy of whales, institutions or angel investors. In investing, the best strategy is the one that gives us the biggest return, there is no rule to judge which strategy is the best. Daily DCA can be a good strategy and bring great profits to whales, but if it doesn't bring good profits to us then it is no longer a good strategy.
Yeah, I wouldn't say every single day, but once a month is a great strategy if you ask me. Most of the world works and gets paid once a month in salary, there are few who does bi-weekly and other ways too, but most of the people do get paid monthly.
In that case, if you could just put some aside and buy bitcoin with it once a month when you are paid, that would be a smart idea. Obviously we are living in a world where it is not that easy to do the same thing, because sometimes we need the money, because some things got bad, and in that case, we can't make this work easily, and for that reason I am pretty sure that we are going to end up with much worse results if we are not careful. Just keep doing it as long as you can, eventually it will be great.