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RE: Never Hold on to SBD! They Are Being Devalued At 583.8% Annually (48.65% Per Month).
The affect of inflation on SBD is not that forthcoming in the short term but consider buying SBD in December last year and holding on till now.
Inflation on your coins would have been 200% if we consider a market cap of 40mil (lets assume the market cap does not change for the sake of simplicity). You would only be getting about $3 for your SBD after paying $10 for it. This is a considerable loss of value.
Maybe you can limit your risk by buying in when it is closer to $1 but is it really worth it buying in hoping that it will increase 6 fold if inflation is so steep?
What I actually look for is STEEM: SBD ratio. It's hard for me to thik that SBD would reach $1 for a long time. Buying a low volume coin while it's going to the moon isn't a good idea. If SBD is significantly below STEEM price and if both coins show signs of a bottom in price charts, it's a good time to buy. personally I don't think SBD would worth 6 STEEM and be stable. I'm looking for something in the 2.5 - 4 range. Let's see how things would turn out to be.