Buying and selling cryptocurrency is basically a new 21st century way of investing. It's like buying and selling currency, except Bitcoin is s digital currency that has no central authority.So, we have established that buying and selling Bitcoin is an investment. Now we go back to your original question, is it gambling.Investing is gambling, when you buy stocks you could lose your money if the company goes bankrupt or if the price per share goes down. It's not gambling in the traditional sense, but it could be said that it is “gambling”.So yes, Buying Bitcoin is “gambling”, in the sense that it is an investment that could price crash at any time.