I’m not sure about the gambling part, crypto investment is not different from gambling as well, it's just that the traditional investment gambling seems so obvious and if we look it from another angle, there are some part of crypto that are very risky, if there are more term to use for them as gambling, it will suite them better. Look at meme for instance, this tokens are nothing but gambling and yet people endorse it and see it as the next thing after Bitcoin, some people even believe some meme coin can become the next big thing in crypto.

Some altcoins do worse sometimes, they will launch a coin and after some days of hitting the all time, the next day the coin will collapsed as the team or some whales who hold more bags dump on people with few bags that bought later. I just think that crypto isn't matured yet to think it's bigger than to the traditional market that the government control because it has its own issues too.