Just give them time. I would had uploaded screenshots here but it will take space. I have some friends in which i introduced bitcoin to when it was not as popular as it's now (that was 2015) most of them gave the same excuse you listed above but since the beginning of this year, not even a month pass by without one of them contacting me to reintroduce bitcoin (cryptocurrency in general to them). Guess what, back then in 2015 I did every thing (from introduction to creating of wallet, buying and selling etc) for free but right now I charge them per hour. So don't bother yourself they'll be back and when they do, charge them for your time.
Topic: Crypto is not friendly to beginners. - page 2. (Read 380 times)
legendary
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Your enthusiasm for crypto is worthy of recognition. But maybe your way is wrong. When you introduce crypto to your friends, you should first have some knowledge to convince them, otherwise they will think that you are marketing to them.
My advice is that before you fully understand the knowledge about crypto, don't rush to suggest others to buy, and don't over-promote crypto. You just need to talk to him about crypto when someone is interested.
Sometimes too enthusiasm will make others doubt.
My advice is that before you fully understand the knowledge about crypto, don't rush to suggest others to buy, and don't over-promote crypto. You just need to talk to him about crypto when someone is interested.
Sometimes too enthusiasm will make others doubt.
Well from my own opinion you where trying to lure or entice them into cryptocurrency rather you should have educated them.
You might also need to learn more yourself first in other to achieve that.
Cryptocurrency is quite friendly to beginners If the interest is strong and the basis is learnt
You might also need to learn more yourself first in other to achieve that.
Cryptocurrency is quite friendly to beginners If the interest is strong and the basis is learnt
The learning phase is very important, and never rush anyone into buying cryptocurrency when the do not yet fully understand it.
Before investing, you must have a clear idea, of the venture and pick a strategy. Otherwise they would just turn over their wealth to the more experienced enthusiasts.
Introduce them to various learning tools, let them build genuine interest in the technology. And then make their own decisions.
Before investing, you must have a clear idea, of the venture and pick a strategy. Otherwise they would just turn over their wealth to the more experienced enthusiasts.
Introduce them to various learning tools, let them build genuine interest in the technology. And then make their own decisions.
Dont forget that we are still at the very beginning of the crypto market. A lot of people only know about BTC and co. due to the massive media coverage in late 2017.
But you are right, buying and storing coins isnt that easy for unexperienced users, there is no friendly bank assistant who can do the transaction for you and manage your portfolio if you want to.
But I am definitly sure those times will come, ETF is a first step in this direction.
But you are right, buying and storing coins isnt that easy for unexperienced users, there is no friendly bank assistant who can do the transaction for you and manage your portfolio if you want to.
But I am definitly sure those times will come, ETF is a first step in this direction.
I am also a beginner, but I am happy to introduce crypto to my colleagues.
When I introduce crypto to my colleagues, only one of the 10 people will discuss it with me, and more people just listen to what I said, they are only politely replyed me: This is good, I will go to understand it later.
In the end, only two people tried to download the wallet and bought a very small number of coins on the exchange. When they used it for a few days, they sold their crypto and deleted the wallet. They thought it was too difficult. One of them didn't even know how to use the exchange to sell its coins, and finally I bought his coins.
I summed up some reasons why they are not interested：
1. Most of them don't believe in crypto, and think this is scams, although they didn't tell me, but I guess they think so.
2. They think that the wallet is difficult to use, and they need to download and keep the mnemonic or private key, which is more troublesome than the bank card.
3. The exchange price is not based on legal tender currency but bitcoin or ethereum, so they often can't figure out why sometimes the price is 0.0001 but sometimes the price is 0.000001.
4. They have a hard time understanding why crypto has value, especially altcoins, they can't understand why something that is not regulated by the government is trustworthy.
Maybe my understanding of crypto is too superficial, I can't introduce the benefits of crypto to others very well, but to be honest, introducing crypto is much harder than introducing stocks or others.
I think crypto has great potential, but now it is difficult for many people to understand, so it seems to be inconvenient to promote.
I hope that crypto will pay more attention to the user experience in the future, making it easy to use and easy to understand, rather than only solving technical problems.
When I introduce crypto to my colleagues, only one of the 10 people will discuss it with me, and more people just listen to what I said, they are only politely replyed me: This is good, I will go to understand it later.
In the end, only two people tried to download the wallet and bought a very small number of coins on the exchange. When they used it for a few days, they sold their crypto and deleted the wallet. They thought it was too difficult. One of them didn't even know how to use the exchange to sell its coins, and finally I bought his coins.
I summed up some reasons why they are not interested：
1. Most of them don't believe in crypto, and think this is scams, although they didn't tell me, but I guess they think so.
2. They think that the wallet is difficult to use, and they need to download and keep the mnemonic or private key, which is more troublesome than the bank card.
3. The exchange price is not based on legal tender currency but bitcoin or ethereum, so they often can't figure out why sometimes the price is 0.0001 but sometimes the price is 0.000001.
4. They have a hard time understanding why crypto has value, especially altcoins, they can't understand why something that is not regulated by the government is trustworthy.
Maybe my understanding of crypto is too superficial, I can't introduce the benefits of crypto to others very well, but to be honest, introducing crypto is much harder than introducing stocks or others.
I think crypto has great potential, but now it is difficult for many people to understand, so it seems to be inconvenient to promote.
I hope that crypto will pay more attention to the user experience in the future, making it easy to use and easy to understand, rather than only solving technical problems.
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