So my question is:
~ Do people hodl just because others are HODLing?
No, we all have target prices and as much as we can hold, we'll hold. But no one can stop us if there's a need to sell it because that's how the market works. We have to sell and make a profit out of it so, others are just doing nothing and chilling to hold it until they can see the window of selling it at the desired price that they may like.
~ Why so people hold rather than sell and buy again when low
It's because they know that in the future the price will be more expensive and higher. It's a matter of investing and just like any other assets that we know of, we don't want to sell it at a lower price. Holding requires less effort than being that type of buying low and selling high at most types and this is what traders do, trading and investing still have differences.
~ What is your major reason for HODLing and how do your survive the bear market?
Based on what I've experienced in the market, being patient is going to be paid off within the next years. I survived the bear market just as the usual, don't look at the charts that you don't like the projection of it and just be solid with your long term plans.