I'm in BTC for the long haul as it supports a healthier global economy (based on real investment not debt and pension raiding) as well as my own goals to increase my purchasing power and keep my wife happy!
I do accept however that a medium term dollar equivalent (at today's values not including hyperinflation) could be $1000 or $0 with a low (2 digit) dollar value being less likely than $0.
Would you therefore encourage friends or family to speculate on bitcoin? Would you feel bad if they did and bitcoin broke and became worthless? Would you avoid talking about this to avoid this risk?
Just interested in your views on this.