In my community, many of them give reasons as Ethereum holders because of its ecosystem, we all know that Ethereum's ecosystem is very large.
Starting from small things like tokens, DEX, NFT, web3, all of them are on the Ethereum coin. So, our community chooses the Ethereum coin to HodL because of the ecosystem factor.
If it's a matter of choosing to be an Ethereum holder, it depends on those who use Ethereum for what, but personally, Ethereum is used for decorative purposes only because I like souvenirs.
I am also an Ethereum hodler, no more than 0.01 because currently I don't have enough money to buy more than 0.1 Ethereum. This only my experience for Ethereum coin.