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Yes. I’d call that an investment in crypto. A risky investment is still an investment.
Maybe we just define the terms invest and gamble differently.
I would say investment is giving your money / time / energy into something with the expectation / belief / hope that eventually in the long run, that thing will become what you want.
Gambling on the other hand, is putting money / time / energy into something with the expectation / belief / hope that it will eminently get you something you want.
Either could be high or low risk. They may not pay money out at all.
You make an investment in teaching your kids to drive, so they will be more independent and capable in the future.
You make a gamble on teaching your kids to drive, that they won’t get them selves into a wreck tomorrow.
Gamble = Short term
Investment = Long term
That’s what I mean by using different definitions.
I don’t use the terms gamble or investment exclusively as an evaluation or indication of risk; More as a term of intent.
While I might not call a four week t-bill a gamble, I certainly wouldn’t call it an investment at all.
I’d be more inclined to call a savings account an investment; as a savings account can be used for more long term financial planing of one’s future.