In my opinion, there is nothing wrong with trying to make Bitcoin a retirement plan, I have indeed been running it from 2018.
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It's a great plan and I have a similar savings plan and have published it to my college friends. They were really convinced by me because the value of Bitcoin will really be very high in the future.
But to optimize your plan, you should spend about 30 minutes per day analyzing the market and choosing the price to buy bitcoin and hold over the long term. This will reduce the risk of your portfolio as well as when you need money urgently you will sell Bitcoin at a profit, not at a loss.
It's all good and I agree with you, if you wish to make some investments in Bitcoin it's great, and if you watch the price and you manage to buy in dips you will maximize your profit!
I agree with OP too! Bitcoin is a good retirement plan! Let's be clear on this, it's still a good plan (Bitcoin price will rise), and for sure it's great for people who did it already!
But I have one question, what's about all other alts?
I think we can trust other coins and tokens! There're many of them, it's true, but I believe there are gems among them! Simply crypto is growing, and even Bitcoin is a leading force I can't underestimate some alts!
I respect this topic and I have respect for Bitcoin, but I believe in other projects as well! Simply the future is crypto, I believe in that Bitcoin will stay on the top, but there are a lot of free space behind!