I am getting depressed every time I open freelancer.

Then don't 🤔

It baffles me how people on there request 100+ hour projects for less than $20.

Don't open it

Check out WeWorkRemotely.com, FlexJobs.com (costs a little $ but worth it), and Guru.

Aggressively apply for every single gig even if it's out of your expertise/language, ask for embarrassingly absurd amounts of money, and eventually say yes to the first offer that sounds realistic.

Asking for absurd amounts of money is key. It means only serious inquiries will respond, their request will likely be something you're unfamiliar with (and will take you awhile to research), but since they're showering you with diamond yachts it's well worth the extra effort. ;)

Indians charging low hourly rate taking away your prospects?

How about we build an alternative to freelancer website that's totally free of charge :3

Instead developers can place ads, install backdoors and access to database of clients projects :3

@stisch thank you very much. I will remember your words.