I don't think Bitcoin should still be considered a new asset. If Bitcoin were to be a person, that is, a foreigner living in a foreign land, 10 years is enough to make it a citizen of that country, which will consider it not to be a stranger any more. So to me, Bitcoin is actually no longer a new asset as far as I am concerned, and if I may ask, how long do you want Bitcoin to stay before you can consider it old enough to be worth your investment or pass the risk requirements?

I hope you know that investment risk can only be managed and reduced, but it can't be completely eradicated no matter which form of investment it is, so the same thing is applicable to Bitcoin. No matter how long it stays, it will only gain more popularity and approval from those criticizing it, and some Bitcoin racists will turn their backs on it and become Bitcoiners, but that will not change its volatile nature, which puts your investment at high risk, especially when you buy at a higher price.

Do you calculate bitcoin risk by recognition, or do you calculate bitcoin risk by both recognition and volatility?
There is every tendency that any investment with a high possibility of a higher reward always has a greater risk when you view it from the financial studies and adviser point of view.

Talking about real estate and gold, I think the era for real estate and gold is gradually fading away; the price and value of those investments are not actually turning into anything tangible these days.

Bitcoin is a risky investment because we don't understand how to treat it as an investment. indeed the problem with high volatility is that its value will quickly decrease due to a decline. that's where people sometimes feel worried and eventually leave the market and lose money. but if you keep holding it, the number of bitcoins will remain the same, just waiting for an increase. the problem is when no one knows when the price will recover, so many people are frustrated because they are waiting with uncertainty about the time

I call it new because I am comparing bitcoin to gold and real estate, 2 assets that are thousands of years old, while bitcoin is 14 years old, if it is not new, it is too young. It's risky not just because it's young but look at its capitalization, its popularity. The market capitalization is just over $1 trillion, which is 1/10 of gold and 1/80 of the stock market. Many countries have yet to recognize it as a real asset...all of this suffices to say it's too risky. But in return, the higher the risk, the higher the profit potential.

Bitcoin could be ideal to use as your additional investment and accumulate as possible and could be used for your retirement plan, but of course, you better make sure you have extra money besides it. We know how does the bitcoin volatile, and you make an investment during the ATH, and at that point, you want to retire, and the market falls it could be a large unrealized lose for you because you failed to watch the market and to secure your future retirement. Still ideal to have a plan until when you will hold and sell at that point. We are heading to your retirement plan to a rest and not stress because you lose a lot of money.

Investing in Bitcoin can be both advantageous and risky. While it offers potential for a bright future, its volatility should not be overlooked. Market fluctuations can lead to substantial losses. Diversifying investments and keeping some cash on hand for immediate needs is prudent.

I totally agree with you that it is very important to have a plan b, especially when we are planing about our finance regarding our retirement. Because if we don't plan right, we may not have a feasible plan b, when we're old and retired. Therefore as you have noted, it is important that when you invest in bitcoin to earn the financial returns in your retirement, you should have a plan b investment or savings, as an alternative in case the value of your bitcoin investment falls flat as at your retirement period. Nobody can really predict the future, therefore we should not put all our resources in one investment as regards to our retirement.

Another thing came to mind, if I could somehow manage to retire, even at late age, that means that my kids can do whatever they like. I mean they would be a bit on the older side if I get rich later on, but I always assumed being rich would get them to live a happy rich life, but never assumed from the business stand point, maybe they won't do none and just be rich, but we are talking about changing whole life. Think about this for a second, lets assume that you are rich enough that you do not have to work, what would you all day? Sure some say just lay all day and watch movies and play games and basically do nothing, but some people may actually do the job they love, I always thought about the first, but the latter. This means they can do any job they want, never though about that.

The points you outlined above are mostly the advantages of having Bitcoin as a retirement asset to enjoy in old age. Behind the benefits you describe, there are several other factors that make someone have to share their investment in several parts.
Land investment might be considered because the price continues to increase from year to year, unlike Bitcoin, which is highly speculative, making you have to wait to sell it if the price is dropping. Your topic direction is very good, you are more dominant in inviting those discussing here to save their wealth in the form of assets as funds that can be enjoyed in old age.

When our future retirement benefits were invested through fiat based investment plans we wear supposed to go through a stepped process. The step by step process involves filling out application, verifying KYC, adding nominee comma final settlement bond, regular premium timeline, etc. With Bitcoin based investment all these things get solved with the usage of single wallet. It is more than enough to deposit bitcoin regularly or do it whenever you are able to make some deposits. This will ease the choice of investing than allocating regular funds for the investment plan. Just the accumulation and holding is enough to enjoy the retirement. This way in each and everything there is advantage on bitcoin as retirement fund against the fiat investment schemes.