speculative

US /ˈspek.jə.lə.t̬ɪv/
UK /ˈspek.jə.lə.t̬ɪv/
"speculative" picture
1.

based on conjecture rather than knowledge or fact

:
The report contained many speculative claims about the future of the company.
His theories are highly speculative and lack concrete evidence.
2.

involving a high risk of loss but also a possibility of considerable profit

:
Investing in cryptocurrency can be highly speculative.
He made a fortune from speculative real estate deals.