Tax evasion, money laundering, used to buy illegal goods and services, has no value, Ponzi scheme, no oversight or regulation, uses shed loads of electricity to mine it, Ransomware attacks, easy to steal with no compensation .........
Great idea (not) you get to the end of the month and your Crypto value has dived or been nicked so you can't pay, you get done for tax evasion and go to Jail. Good luck paying your taxes when your crypto is worth less every day I will stick to real money thanks.
Why would it look at the charts and the news seems like game over to me, lots of investors will have to bail out and those with big profits will take some. Feel free to buy some more though as crypto is cheap the real question is why ?
Mains reasons are it has no value outside of the Blockchain and is therefore driven by "Investors" and sentiment. Last year people bought into the hype and drove the price up leaving many newbies staring at a loss. Going forward regulation will reduce the appeal from criminals and leave the die hard fans and the true value will be reflected in the price. Unless the crypto currency is less volatile and more useful as a medium to spend in shops it will have no future. Probably an opportunity to make a profit but looking really risky at ther moment as the price just heads south, anyone still in the market good luck to you.