I don't have bipolar, so maybe it's irrelevant.
I dropped acid last month in a party;
Everything was fine. That being said I'd double-doubt to take acid if I was psychotic/depressed at the time.
Many years ago when I had paranoid/psychotic episodes, I was taking acid.. While I didn't have bad trips (luckily) it had a very bad affect on me associated with my psychotic behavior.
It was kinda stupid of me, to commit for a 8-10 hour trip with my mental state.
cheeRs