Deflationary Tokens based on smart contract is a great way to boost the token volatility. Since the tokens are continuously getting lesser in number, the price will be always in swing. It will be interesting that how this coin will be adapted when total circulating tokens will be half of the total number of coins.
How good is the deflationary when the market is highly volatile? See what happened on AMPL, they are now barely surviving due to the negative rebase of the coin price.
I am fomo indeed but losing 100$ in the process is not good. Also you will noticed that the decrease of coins are likely eat your stuck in the end. Only whales can support its volatility by having tons of coins and will sell during rebase.
I'm with you mate, it's better to ride in for short term and ride out when you've make few good gains, I'm not into crypto investment for long term, I will always jump from one project to another, once I made good gains from a coin I will find another