An INVESTMENT is the purchase of goods that are not consumed today but are used in the future to create wealth.
In finance
An INVESTMENT is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.
I really don't want to turn these into an economics class but the both definition of what investments are clearly should settle the argument of whether BTC is truly an investment or not.
Well ,when some people might agree with that take, I definitely don't
Because in the right sense, before you can put it as an investment, you won't be bothered by the ups and downs of the market, but honestly who has the heart of knowing , his Bitcoin is dipping and won't have something to do about it.
So for now, it is not, so far you can't keep a dead eye to it
Besides , investments means something increase overtime ,in case of Bitcoin, you can't really say