NO! You can not classify Bitcoin as gambling. Bitcoin investment and trading are not based on luck as gambling is. With bitcoin trading or investment, you need to learn many things. It requires skills, knowledge, experience, and many other things. Those who have none of that will think of Bitcoin as gambling. Because in gambling, it's always a 50-50 chance of winning/losing. Once you lose, the whole thing is gone. But if you choose Bitcoin, if you just hodl it, you will get your profit back. Even if the price drop, you will still have something in your hand at the end of the day.

I agree that the Bitcoin market is volatile. But it is also predictable to some extent with experience and analysis. Well, it's not 100% correct but you can choose your risk management plan to minimize your losses. Can you do that with gambling? Of course not. So where's the similarity so that we can classify bitcoin as gambling? They are different things and that's the truth.