I would say don’t all-in since Bitcoin still contain high risk due to its volatility considering that we are talking about retirement money which you will badly need in the future. You can’t afford to hold longer if you are already retired while the price of Bitcoin that time is lower than your average buy. There’s a lot of time which Bitcoin plunge huge percentage of the price that makes it still a high risk.
+1 for that.
I completely agree with that. A lot of people don't think this way but they should. Bitcoin, no matter how good and trustworthy it is, is a volatile asset and we have seen how low it can go during bear markets, and if someone invests all their money in Bitcoin, especially if it's retirement funds, and the price of Bitcoin takes a plunge when they need that money badly, they wouldn't be able to withdraw and use their money because if they do so, they will lose a lot of value since they will be selling them lower.
So it's important for people to realize that they need to diversify their investments and invest their funds in different areas so that if one of them isn't suitable for them to be withdrawn, they can at least liquidate another investment and use that money for an emergency that they may face.