If we are talking about investment plans to get rich and we are using money we can afford to lose, I agree with what you say. But the topic we're discussing is retirement planning and that's money we can't afford to lose. If something unexpected happens, our retirement plans will be ruined, we will not have a chance to start over and will live the rest of our years in poverty. Have you thought about that?
Furthermore, I am not against adding bitcoin to retirement assets, I mean we should not put all our retirement money into bitcoin. A volatile and risky asset, instead diversify with stable assets like gold...to secure our retirement plans. Is diversity wrong?
I support your position that retirees shouldn't put all their money in Bitcoin. My view is that nobody should invest in only one type of asset, diversification is very necessary. Diversifying your investment helps to reduce the risk and it could also increase the chances of making profits from different businesses.
This is a Bitcoin forum and everyone will tell you that Bitcoin is a good investment and truly it is. But there is no guarantee that the future will be profitable. People who lost houses and businesses in the California wildfire might not have predicted that such a thing would happen at this time. So anyone who invested heavily in real estate in the affected areas would be facing financial problems now.