This shit gets old, get your facts straight.
Investing implies letting money work in a sense that it is actually utilized by somebody else. Buying stocks is investing and speculation, the company issuing the stock uses the money and pays out dividends.
That's the investing part.
The actual valuation of the stock is speculation, so for instance the value of a stock can rise but the dividends stay the same, this for example happens with pump & dump penny stocks.
Venture Capitalists do pure investing, they don't want a stake in the company but just effectively giving out a loan.
The obsession with holding and then calling it investing reeks of self delusion on your part.
So hodlers - lets argue.
If you hold then you have invested. If you keep holding while also protecting your investment, you are an investor. I am protecting my investment by calling all bitcoin opponents idiots and willing to fist fight for that matter. Others do it by promoting bitcoin and making what-is-bitcoin videos. We are all investors because we have something to lose and thus -- something to protect. I lied about the fist fighting thing.