I would personally prefer holding my ETH because that's the best thing to do especially during these days where the volatility of the market is too high. Ethereum has always been good for a long-term hold just like BTC. If you'll look at its history, you'll see how it could strike higher than your expectations.
of course I totally agree with what you are going to do, holding on to ethereum is certainly the right thing to do. because this month alone ethereum has made several upgrades and the last was yesterday $4,467.57 - Oct 29, 2021.
the possibility that it will continue to increase until the end of the year will happen and it is not impossible if you see the development of bitcoin also looks good.
It is clear that long-term investment for bitcoin and ethereum is very promising, but because the price is quite high, the funds needed are clearly quite large. maybe there is another way by first buying a potential altcoin and if you are lucky just move to ethereum or bitcoin. or if you dare, it is clear that day trading is a way that can be done, although the risk may also be quite high if you are not careful and do not analyze properly.
Besides holding your ETH, you can sell some amount to take your money back so you can use that profit to buy the other coins that can increase later. But it is no problem if you still want to hold your ETH during this increase but you should prepare yourselves to see fluctuating ETH prices from this month and the rest of this year. Besides that, we do not know how bitcoin will be at the end of this month or the next two months to impact the ETH movements.
actions that can be done by buying a potential altcoin and after getting a profit buy another altcoin that can also be very profitable. but maybe the action is quite time consuming and the risk that occurs will be more and more, it's better to focus on ethereum is the best action to take. although maybe the cost required is quite a lot because the price of ethereum is already very high.
clear fluctuations will always happen and we can't avoid it but with good analysis we can use it to be able to get profits, especially if we focus on etherum only and don't need to do much with other altcoins, even if we have to do it is important only to 1-2 potential coins only.
It is estimated that at the end of this year an alt season may occur, because seeing the increase in several potential altcoins, it has been seen that they are starting to move towards the end of October and early November. We hope that this will indeed happen because it will stimulate many new projects to grow.