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?
Comparing Ethereum to bitcoin it's obvious Ethereum is undervalued but not so when it's been compared to other altcoins like it. Ethereum has managed to maintain it's rank as the coin next to bitcoin, and one of the best altcoins to hodl for long than any altcoins.
But what I can assume as to what has caused the undervalued nature of Ethereum with less adoption than it ought to have gained despite how long it has been in the market is due to its high transaction fees (which has discouraged many users) aside it been a centralized cryptocurrency which from what I am aware of has made a lot of investors raise speculate about possible manipulations at will by developers.
You either have to continue holding if you have faith its future or try your luck with other potential altcoins but it's just that the hype in the market right now we don't really know for sure which altcoins is shitcoin or with possible potential.