For sure, but I'm not sure how that's any different from any other particularly risky investment. If you're not comfortable with that risk, put your savings in T-Bills.
That sounds like a slippery slope fallacy: "if you are not comfortable with a crazy amount of risk, buy the safest thing in existence." Why? What happened to everything in between?
Most risky investments don't "look deep into your heart and assign you risk based on the order in which you joined".