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Topic: Crypto in infancy - page 11. (Read 2753 times)

full member
Activity: 336
Merit: 106
February 13, 2018, 03:53:05 AM
#53
All the crypto world needs is an education to create better awareness and investments. What do you think are ways to go about it, apart from various conferences and meets.

you can never educate people by force!
all the information that anybody needs in order to learn and educate themselves about cryptocurrencies is already out there easily accessible and for free. the only thing they have to do is "search for it" and spend some time reading what they found.

but unfortunately people are more interested in quick profit and getting rich over night.

I think that information on bitcoin and cryptocurrency is still lacking. Although there are numerous blogs and articles, you can’t find sources from books or literary and scholarly articles. There should be a general source of information because people don’t know where to start even though they are interested. This leads to misconceptions and having a wrong understanding of crypto and bitcoin. If proper information were disseminated, this would be avoided and more people would become aware.
full member
Activity: 392
Merit: 100
February 13, 2018, 03:50:43 AM
#52
There is no way the government will help, cause crypto is a treat to them, you can't force people to learn , most people have heard of crypto , but decided to be ignorant due to the fear that it is a ponzi scheme
newbie
Activity: 84
Merit: 0
February 13, 2018, 03:41:53 AM
#51
unfortunately people are more interested in quick profit and getting rich over night.There needs to be some sorts of educative instructions for people to get attention about this new technology.When this happens, people can aware of it so they can maximize their profit .
newbie
Activity: 154
Merit: 0
February 13, 2018, 02:41:50 AM
#50
A lot of people does not understand how does it work and many people does not know the advantages of cryptocurrency and the technology behind it.Crypto is still very confusing for most and it will take time for that to change, firstly there needs to be a willingness from the general population to begin to learn more about cryptocurrencies.
copper member
Activity: 1568
Merit: 0
February 13, 2018, 02:41:27 AM
#49
Yes crypto in infancy because lot of people who don't know about of the crypto and they don't know how to trade online in cryprto so we can say that Crypto in infancy.
full member
Activity: 532
Merit: 114
February 13, 2018, 02:35:08 AM
#48
Some really great suggestions, thank you. Most everyone is aware of a need to educate themselves, and many have come forward with self-study as the best option. Books, tv, youtube also have been suggested. Some have even suggested classes, but still what could be the one method that would help everybody gain an insight into this world, remove the misconceptional fears, and help make better choices, investments and create the right demand for devs. How is the idea of a television channel that only caters to all things crypto, whether upcoming icos, or govt policies, reviews, conferences and classes.
jr. member
Activity: 70
Merit: 1
February 12, 2018, 04:14:38 PM
#47
We aren't even in the infancy stage as far as I'm concerned. Everyone that is already involved will retire within 5 years if you're making the right investments. Not even 1% of global population is involved, i feel blessed to be in the crypto space so early on and the opportunity for massive gains in this market. Grin Grin Grin
The sooner we educate the crypto population on how to be a smart trader the better off we are all. Everyone needs to learn some level of TA preferably an expert level. So many newbs buy high and sell low because they have no clue what they are doing and are responding to FOMO. All this gives the market a bad name because when newbs get rext they complain the market sucks, welcome to the wild west my friends get those spurs jingling and figure this shit out....peace out
newbie
Activity: 98
Merit: 0
February 12, 2018, 04:02:40 PM
#46
yes it is true that the importance of an association in which not only for the elite but can be a space for education and learning for people who are new to and want to learn about the world of crypto currency apart from various media that they can learn by themselves so they can with a sense of optimism present and join to invest and contribute to each other in the middle of the association with clear direction and guidance, as a result they can be proficient and understand in a relatively short but well-guided.
member
Activity: 434
Merit: 10
February 12, 2018, 03:47:05 PM
#45
Many traders already make money on YouTube making reviews on coins and talk about their investment experience, but I did not see centralized training
sr. member
Activity: 779
Merit: 250
February 12, 2018, 11:25:39 AM
#44
All the crypto world needs is an education to create better awareness and investments. What do you think are ways to go about it, apart from various conferences and meets.
Yes cryptocurrencies needs better awareness in invest in some people cryptocurrencies is still new in their mind they lack knowledge and information about it. So the best to do after conferences and meets is to promote crypto on social media which helps people on how cryptos works what benefits it has and how to use it Now that many people is using social media so i think social media is the best choice on promoting crypto.
jr. member
Activity: 210
Merit: 1
February 12, 2018, 11:00:37 AM
#43
Cryptocurrency has transformed quite into a household name today, but despite it's renowned
popularity it still is a big question to some people and they find it hard to grasp and
fully appreciate. It needs awareness and exposure to people to show the potential capabilities
that cryptocurrency can offer. If governments accepts and regulates crypto, education
and other informative and helpful programs like symposiums and seminars will follow.
All it needs is cooperation, support and for the governments part a form of regulation.
It still is the next big thing and it will continue to innovate and prosper.
full member
Activity: 434
Merit: 100
February 12, 2018, 09:34:24 AM
#42
On the Internet there are a lot of useful materials on the topic of cryptocurrency, take only this forum. Some private companies also organize webinars
sr. member
Activity: 574
Merit: 250
February 12, 2018, 09:09:45 AM
#41
All the crypto world needs is an education to create better awareness and investments. What do you think are ways to go about it, apart from various conferences and meets.
I understand that seminars and conferences take up a lot of time and you can stumble upon an event of poor quality but nevertheless I think that such meetings are necessary for cooperation.
jr. member
Activity: 224
Merit: 3
February 12, 2018, 07:10:04 AM
#40
Yes, I accept these words. Comparatively other markets and exchanges crypto is new. But slowly it will grow, even though people need more awareness on this market.
full member
Activity: 434
Merit: 104
February 12, 2018, 07:03:42 AM
#39
All the crypto world needs is an education to create better awareness and investments. What do you think are ways to go about it, apart from various conferences and meets.

If a person is not smart enough, then no seminars will teach him. It is enough to be able to analyze information well. Which, as was said above, and so much is enough. But if you think that self-education is not for you, then the only way out is to find someone who will teach you.
legendary
Activity: 3234
Merit: 1399
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February 12, 2018, 07:02:35 AM
#38
All the crypto world needs is an education to create better awareness and investments. What do you think are ways to go about it, apart from various conferences and meets.
I think it would be very cool if some people made free online courses on cryptocurrencies on platforms like edx. This would encourage more people to get to know them. Conferences are basically for people who already know quite a lot about them. What is also important is that humanity still has to decide the main role of cryptocurrencies. They were supposed to be means of payment, but (a) people don't need to many coins for such purpose and (b) most of people consider them only as investment opportunities and all they do with them is trading.
newbie
Activity: 168
Merit: 0
February 12, 2018, 07:00:56 AM
#37
I think a lot has to do with the public perception of cryptos. A lot of people still think they're only used for drugs and pornography. We need to change that repuation and get more people involved.
newbie
Activity: 29
Merit: 0
February 12, 2018, 06:49:19 AM
#36
Yes you are very right my friend. And we need some regulations even the crypto world is for decentralization or unless the banks and governments will not stop until cryptocurrency dies. Well that is my honest opinion i will settle to anything just our crypto currency stays for a very long time and if not possible for ever but i hope crypto is here to stay.
member
Activity: 392
Merit: 11
February 12, 2018, 06:34:38 AM
#35
so there are long-prepared materials for the study of this field of cryptocurrency, they really are not free. And as an option, you can publish books, make content in YouTube or TV
I also saw a lot of books on trading and cryptocurrencies, now they are written very much because of the fact that this topic is popular
sr. member
Activity: 406
Merit: 251
February 12, 2018, 03:29:00 AM
#34
Interesting thoughts. IMO too many people buying in with the wrong mindset, and are just hoping to make a quick profit -- but have absolutely no idea what the technology is about.

IMO, at the moment, these easily manipulated and inexperienced day-traders and speculators/gamblers who puts in more than they can afford to lose, while panicking way too easily due to FUD or easily scammed, are one of the major reason behind the current extreme volatility (coupled with the fact that the crypto market is currently still pretty young, and the MCAP is still relatively low than what it potentially could be in a few years time) -- and this is not good for the image of cryptos overall + impeding good cryptos from becoming adopted more widely in real-word use.

Perhaps the higher tax in the US on crypto trading + regulations is a good thing. Slows things down so that the price will match more closely to the actual development and adaptation of coins, rather than due to hype + reduces the amount of pump-and-dump scams by unethical whales trying to take advantage of inexperienced newcomers for their own profit to fill their already full pockets.

Everyone is focused on getting rich quick. Still not fan of any regulation. It's Darwinism at its finest right now!!
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