What is the best strategy for dealing with gradual baldness?

Rogaine (minoxidil) Rogaine (minoxidil) can help to slow down the process of hair loss. It is unlikely to cause new hair to grow. If you have enough thinning. A hair transplant can be a nice, natural looking solution with little downtime.
Many options. A full examination to rule out any specific causes should be done first. Minoxidil and low level laser therapy provide a good means to prevent further hair loss. Men can also use finasteride. Hair transplantation can increase density in areas of hair loss.
Medicine or surgery. You can try a topical medicine like rogaine (minoxidil) first. If that does not work you can have a hair transplantation.
Medical therapy. Rogaine (minoxidil) and Propecia (finasteride) will help keep what hair you have and can provide a variable amount of regrowth. There are some other topical therapies which may help, but consultation with a hair transplantation surgeon is a good idea to develop a coordinated plan ton address your hair loss.