I bet you, your friends owns no bitcoins? Those kind of predictions are the stupidest advice they can give you, because it is based on their theory that the price will go much lower than that. I never listen to armchair experts when I make financial decisions.

I do proper research and I use common sense. In every commodity known to man, you will find a correction phase in the price curve and this is no different for Bitcoin. It is up to you, if you are willing to take the risk and possibly reap the rewards at the end.