I’ve been holding onto my Ethereum and Bitcoin cash for a while now, and honestly, I’ve been unsure about what to do with it. I know ETH is a valuable asset, but simply holding it doesn't seem like the best way to maximize its potential. Price has been flying up and down recently, but i'm bullish on it with the upcoming ETF approval, that is if it was approved it will be a plus for most retail holders like myself. Do you have any idea how i can make the most out of my holdings.
Well, the Ethereum ETF has been approved just hours ago, but there's no significant price increase towards the price of Ethereum as of this moment.
Now to your question, there are some ways for you to earn using your Ethereum.
1. Capital Appreciation - this is what you're doing right now. Buy and hold, and yes it takes time to make profits, but that's how the strategy works.
2. Staking - Stake it with a validator out there. Based on stakingrewards.com, you can earn 3.69% annually by staking it. Better than just storing it.
3. Trade - You can use your Ethereum to trade as well. I don't recommend this to newbies though.
4. Use your ETH to buy coins - this is self-explanatory. No need to explain to you.

Overall, there are many ways for you to earn using your Ethereum. It will all depends on how knowledgeable you are, the risk, and the amount of time you are willing to give.