Can you handle the risk? If so, yes. You should have a non-zero amount of Bitcoin in my opinion.
Forget what this is called, but think it's a standard maneuver for wading in to a big long-term position.
That only tells you whether to invest, not how much. I.e. if you think there's a 1% chance a bitcoin might be worth a million dollars, that tells you you should buy it if it's worth less than $10k. (and then probably half that again to cover the delay)