Credit – https://www.pexels.com/photo/a-gold-coin-on-a-smartphone-screen-5980866/
By Subhankor
I still remember the first time I heard about Bitcoin halving. It was 2020, and everyone around me was talking about how the 2020 halving would change everything. I watched from the sidelines, skeptical but curious. Fast forward to today, and I’ve lived through a complete cycle, made some gains, learned from mistakes, and now I’m preparing for the 2028 halving with a completely different mindset.
My Journey Through the Last Halving Cycle
By Subhankor
When the 2020 halving happened, I wasn’t invested yet. I watched Bitcoin climb from around $8,000 to an incredible $69,000 by November 2021. I kept thinking, I should have bought in. Sound familiar? I finally entered the market in late 2021 yes, near the top. I learned the hard way that timing matters, and that halving doesn’t create instant millionaires. The real wealth was made by those who bought before the halving, not during the hype after it. By 2024, I had another chance. I’d learned my lesson. I started dollar cost averaging months before the April 2024 halving. This time, I wasn’t chasing quick richesI was playing the long game.
What Actually Happens During a Bitcoin Halving?
By Subhankor
Bitcoin halving is an event that occurs roughly every four years or every 210,000 blocks. During this event, the reward that miners receive for adding new blocks to the blockchain gets cut in half.
Here’s the schedule I’ve been following:
- 2012 Halving: Reward dropped from 50 BTC to 25 BTC
- 2016 Halving: 25 BTC to 12.5 BTC
- 2020 Halving: 12.5 BTC to 6.25 BTC
- 2024 Halving: 6.25 BTC to 3.125 BTC
- 2028 Halving: 3.125 BTC to 1.5625 BTC Expected April 2028
The Million Dollar Question – Will 2028 Create New Millionaires?
By Subhankor
Based on my experience and what I’ve observed, here’s my honest take: Yes, but not in the way most people think.
The Reality Check
By Subhankor
I’ve seen people throw their life savings into Bitcoin weeks before a halving, expecting to become millionaires by the end of the year. Most of them either sold in panic during corrections or are still waiting to break even.
The real millionaires from previous halvings had a few things in common:
- They bought well before the halving 1-2 years prior
- They held through extreme volatility
- They didn’t invest money they couldn’t afford to lose
- They took profits strategically
What I’m Doing Differently for 2028
By Subhankor
I started accumulating Bitcoin again in late 2024. My strategy isn’t rocket science:
My 2028 Halving Strategy:
- Starting accumulation 3-4 years before 2024-2025
- Dollar-cost averaging $200-500 monthly (adjust to your budget)
- Planning to hold through the halving and 12-18 months after
- Setting realistic price targets and taking partial profits
- Keeping 50% of my crypto portfolio in Bitcoin, diversifying the rest
Will YOU Become a Millionaire?
By Subhankor
Here’s the math I did for myself. Let’s say Bitcoin is at $100,000 in late 2025 hypothetically. If you invest:
- $10,000 today and Bitcoin reaches $500,000 by 2029 = $50,000
- $50,000 today and Bitcoin reaches $500,000 by 2029 = $250,000
- $200,000 today and Bitcoin reaches $500,000 by 2029 = $1,000,000
You can see that becoming a millionaire requires either significant initial capital or Bitcoin reaching prices that, while possible, aren’t guaranteed.
Conclusion
By Subhankor
After years in this space, I’ve learned that Bitcoin halving isn’t a magic money-printing event. It’s a predictable supply shock that, combined with growing adoption and demand, has historically led to significant price increases but with extreme volatility. For the average person like me, investing a few hundred dollars a month, the goal shouldn’t be becoming a millionaire but rather significantly improving my financial situation. If I can turn $20,000 invested over four years into $100,000+, that’s a win that could change my life pay off debt, make a down payment on a house, or secure my retirement.
I’m not a financial advisor I’m just someone who’s been in the trenches, made mistakes, and learned from them. The 2028 halving is my second real chance to apply those lessons. Whether it makes me wealthy or just better off than I am today, I’m prepared for the journey.
Frequently Asked Questions (FAQ)
By Subhankor
Q1: When exactly will the 2028 Bitcoin halving occur?
A: Based on the current block production rate, the 2028 halving is expected to occur around April 2028. However, the exact date depends on how quickly blocks are mined, so it could shift by a few weeks either way.
Q2: How much should I invest to become a millionaire from the 2028 halving?
A: This depends entirely on Bitcoin’s future price. If Bitcoin reaches $500,000 by 2029-2030 which is speculative, you’d need to invest approximately $200,000 now to have 2 BTC worth $1 million. For most people, the focus should be on realistic gains rather than hitting a million-dollar target.
Q3: Is it too late to invest for the 2028 halving?
A: From my experience, the best time to invest is 2-3 years before the halving. As of late 2024, you still have time to accumulate before the typical pre-halving run-up begins. The “too late” moment usually comes 6-12 months after the halving when prices peak.
Q4: Should I invest all my savings into Bitcoin right now?
A: Absolutely not. I made this mistake in my early days. Only invest money you can afford to lose or lock away for several years. A common recommendation is to allocate 5-10% of your investment portfolio to cryptocurrencies, though this varies based on your risk tolerance.
Q5: What’s the best strategy for the 2028 halving?
A: Based on my experience: 1Start dollar cost averaging now, 2 Plan to hold through the halving and 12-18 months after, 3 Set realistic profit targets in advance, 4 Take partial profits as you hit targets, and 5 Never invest more than you can afford to lose.
DISCLAIMER
By Subhankor
Please read this carefully before making any investment decisions.
The content in this blog represents my personal experiences and opinions only. I am not a financial advisor, investment professional, or certified expert. Nothing in this article should be considered professional financial advice or a recommendation to buy, sell, or hold Bitcoin or any other cryptocurrency.
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