The next Bitcoin halvening is early 2024. I want to start DCAing into BTC from 2023 October and slowly extend into ETH in 2024.
From the exact date of halvening I will convert my BTC into Altcoins and invest in every new coins that gets listed in Binance that year and other famous exchanges. I will also reserve 10% of the crypto for the fad of the summer i.e Similar to Defi, NFT, ICOs.
This should net me 15x to 20x if I get lucky. So that's 15 x 650k = $10 Million and that should hopefully set me up for life.
What you are describing here has little to do with investing, it is more like gambling in the hope that you will be lucky. You base your strategy on the fact that the past will repeat itself, and that by investing in every altcoin that appears in that period, you will really profit - the reality is completely different in that case. I guess you live in the US and that's why you need millions of dollars to insure yourself for the rest of your life, but if you believe that Bitcoin will have a new big bull run after halving 2024, you can easily turn that $650k into a few million without any risk just by holding.
I might just lock up $600k in cold wallet and then play with $50k that way I won't feel left out of the action.
Your money, your risk, and your decision - but I think that would be the smartest decision for you. Whatever you decide, it is important that you do not gamble everything you have, because you will never be able to forgive yourself.