[skystarman]

I think you make a great point but not calling it what it is, "gambling", elides the risk inherent in investing in crypto.

It's one of the most volatile assets anyone can invest in. The vast majority of people are investing in it are driven to it by hype alone.

This is gambling. There is no other way to describe it more generally.

People in media and elsewhere calling it "investing" hides the fact that the risk is not much better than betting on a few hands of blackjack.

And hey betting relatively small amounts at a casino OR on crypto is totally fine, go for it! Betting more than you can afford to lose it's just insanity.