If you have a car and decide to sell it then you don't have it anymore but if it's still in your possession then you can be regarded as the owner. So to answer your question, if you have Bitcoin in a wallet and you spend whatever amount you want, as long as you still have some bitcoin left in the wallet that you can hold unto. Then, I think you are a hodler and also a bitcoin investor. But if you receive Bitcoin as a payment for your services and you squander it as it comes, then you cannot be regarded as an investor.