From my little knowledge. Cryptocurrencies are primarily used to buy and sell goods and services, though some newer cryptocurrencies also function to provide a set of rules or obligations for its holders.They possess no intrinsic value in that they are not redeemable for another commodity, such as gold. Unlike traditional currency, they are not issued by a central authority and are not considered legal tender.
I need help in understanding the crypto market and investment advice in order to invest effectively on bitcoin market
If you really want to understand the way the crypto currency marker works, you need to just let go of whatever residual knowledge you concerning the causality and effect of the way the traditional currency works because this market, more of go against it than agreeing with it which makes it more difficult to understand. When you do that, you can then start bringing in fresh ideas from readings and understanding the market. Its as simple as that and that is when all the suggestions provided will start to make sense.