I think Ethereum is cheap compared to the value it should have.
Well, if you compare the ATH for Ethereum, your statement is true. But you miss a point and that's EOS. For me, Ethereum won't have the same big impact on cryptocurrencies. But it's clear that Ethereum is a stable and powerful cryptocurrency, so your investment will be safe. I am also thinking about investing in Ethereum. For now I am on other altcoins like Wanchain.