Yes since you can extract a gain within some small portion of its bull market that's compressed into a shorter period of time relative to some other assets like gold. It means you aren't holding for as long.

Crypto rises harder and falls harder. For traders, this is very useful.

Of course I know you were just riffing, but the particular terrible nature of the assets you compared it to was worth pointing out. Since you did ask how they were any different.

Different asset classes have different uses. A thing that doesn't move around much for a long time is not so great to trade, maybe to invest. Crypto is a great sponge for liquidity.

Volatility might be useful but it also means you'll lose your shirt unless you have some secret technique others don't. If one can reliably ride the periodic bulls, take profits, and repeat, then they ought to be one of the wealthiest people on the planet by now.