An investment is when you have a reasonable expectation of return. Bonds are an investment because the average bond pays out more than it costs. The same is t

An investment is when you have a reasonable expectation of return. Bonds are an investment because the average bond pays out more than it costs. The same is true of the average share. That is because these instruments produce value by making capital available to people who need it. By this definition, BTC is NOT an investment. Neither is Gold or land (unless you rent it) or commodities. Buying those things is just "speculation". Speculating is fine. It can be useful for the market. You might even make money. But please please, stop reffering to these things as "investments". They're not investments any more than my buying a hamburger.