Some extend because they extended their token sale while some do because they feel that the reward is too much for participants , and so they extend to give other participants chance.
Price of token goes down, the ideal thing todo is to hold abd not panic dump at a ridiculous price. We need to learn to exercise some patience in this market.
Of course yes. I started trading with just $22 and I made reasonable amount of money with that. The only thing is that , you cant compare my profit with the one of a person that started trading with $1k. Its the higher the capital, the bigger the profit.
Yes. People now use bitcoin to carry out all kind of criminal activities such as money laundering, drug traficking and funding terrorism. This could be attributed to its anonymous structure.
I would advice you invest when others are scared, sell when they are buying. Be patient also. Do not be greedy, take profit when you see, no mater how little.