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
You should understand that the Crypto market is always a volatile market. In addition, the market has a small cap and it is always manipulated. These are the basics you need to know before you decide to invest.
I think you should not invest in long term. I recommend making a low buying and selling strategy. It will be profitable and profitable for you.