Watch in a theater if there’s an event near you or with a bunch of friends. The theatrical cuts are much better paced. It was even criticized for being much faster than the books. If you get to the Mines of Moria (1/2 of the way through the first) and you’re not hooked then it’s not for you. LoTR is movie magic. Not just “wow that was a great movie” but something that transcends the medium, and makes you ask, “HOW did they DO that?” Hope you give it another shot. Cheers