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

To say bitcoin as failed as a currency is too early to conclude because once the market becomes stable onec  more and many more countries recognize bitcoin as a means of transaction then it can be effective as money in the financial market.

Japan and Switzerland have crypto friendly market. Australia and Germany too are not bad.  But for me because it's easier for me to trade in South Africa it's my best country for cryptocurrency.

Just like every other market the crypto market has fluctuations.  I believe bitcoin price will still increase in 7th he nearest future.

To invest your school fees in bitcoin comes with high uncertainty. It might yield a profit if you invest a good bounty program and get reward it's only advisable if your school fees is not to be paid in the immediate future.

Maybe due to the recent fall in the market this topic can be valid a bit. The crypto market is unstable because of lack of a central  regulatory body. But through great market analysis and investment acumen and investors can actually benefits greatly form the cryptocurrency market.

I think bitcoin is volatile because of its decentralized system.  If there is an international regulatory system for bitcoin like the IMF and World Bank for the financial sector. It's only stable for a period and fluctuate most of the time

A good trader should have good knowledge (education) about market analysis, high and lows when to invest and when to acquire assets. Experience may go a long way to determine how successful a trader can actually be but he needs in depth knowledge of the market to fully make certain decisions especially when its such an unstable market like crypto.

You are right up to a point though..  I think its risky to put all your investment in bitcoin market because of its unstable nature.. Various factors can affect the value of a coin at a time a time so many things can go wrong.  But on the contrary I think bitcoin is future of digital transaction and if more countries can acknowledge the use with right timing of the market. Your are good to go on your investment

Due to the increasing number of people using the internet worldwide cryptocurrency is the new wave in terms of digital investment moreover I still believe political restrictions would be a major factor in its use internationally