Crypto currency is not complicated, we just need to figure out ourselves what we want to know and choose to do
You can’t invest without researching and expect profit
So dyor, get into trades at the right time
Pick your profits always
Topic: Cryptocurrency is too complicated - page 5. (Read 1726 times)
Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
i think you are right, crypto transactions nowadays are very complicated, especially waiting time for confirmations, most of cryptocurrencies are taking so much time to complete a transaction, so unless we can finish this problem, we will not be able to use cryptos in daily life soon.Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
Bank transactions are much more complicated and it also takes time, though I think the transaction problem you are referring to is from the last ATH it's different now, because banks will need to verify every transaction manually. With bitcoin, the transaction is verified automatically and you can even check the verification progress. Plus, isn't creating a bitcoin wallet easier than creating a bank account?
Almost every crypto starter has once shared this perception but with persistent reading and follow up on major updates in the cryptosphere understanding blockchain and cryptocurrencies is actually not difficult as it seems. As a beginner you would have to read a lot in order to catch up with the pace of the blockchain technology and with time you would see that the blockchain technology is very easy to comprehend. At least the oldies in here like myself can really testify to this 
It is something that is very difficult but at the end, there are many simple things that makes it very simple. If you calm yourself down and take your time to learn up the rope, you will surely see that it is not that hard and complicated as you think they are, nothing is difficult when is ready to learn how it works
I can't say that cryptocurrency is too complicated. It is difficult to understand it and blockchain technology. But using crypto is very easy, so if we raise the awareness of other people about crypto it will very quickly infiltrate our lives.
Not more difficult than any mobile phone,you just do not face it and did not do,and therefore do not understand the principle itself,but in fact if you look,then there is nothing complicated at all.It's like people who are over 50 for the first time to the Internet for them as a new profession to master,it's complicated and not clear,but if one month we sat with a man who often sits in the Internet,he would have the entire detail you have been taught
I think the development of cryptocurrency as a means of payment will occur in the next 5 years
Well, knowledge is very necessary and I would say from a variety of industries. Sdes and trade and technology. And the whole world. So how to become an expert in this industry and get to know the whole world?
I agree with you which is why most people are shying away from getting involved. Nevertheless as time goes on, and possibly with mass adoption more services will be enhanced thus making it user-friendly so that all can join irrespective of their knowledge of the crypto space.
Cryptcurrency is still too hard for average person to understand and use effectively. Even experienced crypto investors have lost coins through mistakes. It will take some time for crypto to be as easy as using a credit card.
How can you connect poor situation of a person with mistakes in crypto. This is knowledge and practice and everyone have equal opportunities. Once you are in crypto world, there isn’t line of poor or rich. There isn’t any theory that poor would make mistakes and rich cant and rich can recover losses while poor will suffer. That is all based on the practice, and yes when you have loss, poor and rich would stand in one row. 
Cryptocurrency is not that complicated as you think, using ETH for example; you can send and receive ETH with your Imtoken wallet. However, the services which cryptocurrency is built on might be a little bit complex, which can be seen as one of the reason why it's yet to be incorporated into current financial payment systems, but I believe with time it will be achieved.
this is still under development so crypto still has some disadvantages. but I am also sure that in the future crypto will be a very good payment tool and will be used by all countries for online transactions.
Cryptocurrency is not that complicated as you think, using ETH for example; you can send and receive ETH with your Imtoken wallet. However, the services which cryptocurrency is built on might be a little bit complex, which can be seen as one of the reason why it's yet to be incorporated into current financial payment systems, but I believe with time it will be achieved.
Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
You say very precisely the crypto market is very complicated but the wonders that it brings are great. Because when Bitcoin was born with the Blockchain technology was applied widely in many activities of the world we change the world. Opportunities and challenges from the crypto market are great if we know how to make use of it can bring you wealth. Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
If you have never tried, of course Cryptocurrency can be said to be complicated. Because people don't want to learn how Cryptocurrency make payments or transactions easier for everyone who uses them. So, I think cryptocurrency is very easy to understand if we want to always know.
not for me, yes all need basic learning to know what cryptoqurency and its functions are, when someone is serious about learning I think they can certainly do it because cryptoqurency provides a lot of convenience and is not as complicated as they think.
Many people don't want to learn and just make a profit in cryptocurrency, but it doesn't happen. Now those who have knowledge make money in cryptocurrency.
not for me, yes all need basic learning to know what cryptoqurency and its functions are, when someone is serious about learning I think they can certainly do it because cryptoqurency provides a lot of convenience and is not as complicated as they think.
I also thought several times about the fact that cryptocurrencies are too complicated for ordinary users. This is probably the main obstacle for people to start using cryptocurrencies as a means of payment. And it does not depend on what kind of coin we are talking about: Ethereum, Bitcoin, or Sound Money Coin.
I would not say that everything is difficult to use. I think it’s all a matter of wanting something to do. Cryptocurrency is a very interesting and cool thing and I use it with pleasure.
I also thought several times about the fact that cryptocurrencies are too complicated for ordinary users. This is probably the main obstacle for people to start using cryptocurrencies as a means of payment. And it does not depend on what kind of coin we are talking about: Ethereum, Bitcoin, or Sound Money Coin.
I think so, cryptocurrency is a complicated thing, I'm sure it takes a lot of experts to be able to make crypto so that it can be used easily by users, thank us to the inventors of crypto.
Cryptocurrency is complicated because of ita volatility and we dont know how market will respond on the next couple of months and we also dont know how investors will invest,that is the reason why investors are being wise and playing safe about it.Even its complicated we cam deal with it just be wiser than before and think before making steps.
Jump to: