With all this price volatility,bitcoin is just "digital gold".
Remove the price volatility and bitcoin will become a major retail payment tool.

Well, the problem with that statement is it won't happen. No one controls the price action to have minimal changes. It all happens when some whales want to or there's just major sell-offs.
For me, it's more of combination of investment and gamble. You invest in the technology since you believe on its success in the future generations. But looking on short-term trades, it's more of a gamble since the risks are high yet rewards are promising.