Compared to Bitcoin, Ethereum seems undervalued. I am not sure if I made a mistake by holding Ethereum. Monitoring for a long time, but it doesn't want to go up. Though Bitcoin pumped a couple of x, Ethereum still seems to not want to move. I am unable to find any valid reasons why ETH is not moving. What do you think? Is Ethereum potentially better to hold or move to another altcoin? Just for information, I don't like to hold shitcoins except top altcoins. Because I have experience of loss in a big amount by holding shitcoins. What are your thoughts?
According to this chart, eth hasn't done so well right after bitcoin halving, but first quarter after halving has been profitable so far.
I am not certain how eth should be valued, and how that valuation should compare to other coins, because tokenomics and mining costs are so different compared to bitcoin for example.
And if eth valuation should be higher, what are the reasons they would be higher then other altcoins with smart contracts?
But i do believe that history often rhymes with itself so most likely eth will rise in first quarter.