2. Blowing any IRA munny on pennystocks is foolish and financial suicide. ESPECIALLY from a Roth. ROTH munny needs to be particularly averse to LO$$ES as it is post-tax munny and a net capital LOSS is of no use - nott even to offset cap gains in the same account (as it is a tax-free account and losses are useless).
Wasting ROTH IRA munny in speculation and most horribly in pennyscam turds is the worst financial strategy. Ergo, many pennyvestors loose their ROTH munny in pennyturdvesting.