How to explain Bitcoin to Newbies - page 12.

Hippocrypto

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Quote from: Myleschetty on October 22, 2021, 04:30:15 PM

There's a friend about Bitcoin last 2 years who have no interest in it but I was surprised when he came to me last week to tell me what he need to know about Bitcoin. I asked him why the sudden change of heart, he told me about the testimony he hear from someone and how he would have made enough profit effortlessly.

He's still a newbie. My question is, is there a way or link for to explain Bitcoin to newbies?

Apart from the forum rules and regulations is there a thread on this forum that explains in detail the whole concept of crypto currency on this forum?

I think its good to explain them that Bitcoin is not that easy especially if you don't have enough knowledge about it, so, much better to read and study Bitcoin first before joining cryptocurrency. Must also tell them that you can't earn this without hardwork. Tell them also about the scams and how to avoid it, since it is very important and also about decentralized exchanges and about holding. Must tell them also to be patient in everything they did. There's a lot of websites that can possibly explain those newbies about Bitcoin further, that's why they need to have research skills.

Rajamuda

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Currently, there are more and more articles that explain what Bitcoin/cryptocurrency is and various things such as its characteristics to efforts that can be made from various sources, especially here, this will find many things related to the advantages of bitcoin over its role, and it has been stated of course with many topics or discussion. Just tell your friend to read a lot here, they will definitely know which one to read and it's impossible for him to be more confused if you are familiar with this forum and explain to him.

dansus021

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there's dozen of tutorial and explainer out there in youtube or this forum some people above me said was true but simple says

tell them "Do you wanna rich, and make money from thin air" Grin

from there if they interested they will gonna look for itself on internet just like me Grin

Dhaniii

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https://i.imgur.com/hgxNNiA.png

if his friend is interested in getting into the cryto world, you just need to teach him how to register the market correctly and how to make a deposit and then how to trade. so no need to force things, because it will learn on its own slowly step by step. this way you don't bother him and he

goinmerry

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Quote from: Myleschetty on October 22, 2021, 04:30:15 PM

There's a friend about Bitcoin last 2 years who have no interest in it but I was surprised when he came to me last week to tell me what he need to know about Bitcoin. I asked him why the sudden change of heart, he told me about the testimony he hear from someone and how he would have made enough profit effortlessly.

He's still a newbie. My question is, is there a way or link for to explain Bitcoin to newbies?

Apart from the forum rules and regulations is there a thread on this forum that explains in detail the whole concept of crypto currency on this forum?

There's no need for too much technicality, just explain Bitcoin the way you want to do it or the usual way of introducing it. You don't need to spoonfeed all the information, just tell the basics or the specific questions that will be asked.

If your friend is really serious about getting involved in Bitcoin, soon his mind will be filled with knowledge automatically.

dupee419

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Quote from: Myleschetty on October 22, 2021, 04:30:15 PM

There's a friend about Bitcoin last 2 years who have no interest in it but I was surprised when he came to me last week to tell me what he need to know about Bitcoin. I asked him why the sudden change of heart, he told me about the testimony he hear from someone and how he would have made enough profit effortlessly.

He's still a newbie. My question is, is there a way or link for to explain Bitcoin to newbies?

Apart from the forum rules and regulations is there a thread on this forum that explains in detail the whole concept of crypto currency on this forum?

Depends if he prefers watching or reading, if he likes to read blogs/articles online then this forum is the perfect place for him, there's a board called "Beginners & Help" which can really be helpful for your friend, though if you want to teach him then might as well make it enthusiastic, the forum alone has lots of useful threads for beginners, outside the forum you have platforms like YouTube or Reddit that provides information about Bitcoin and cryptocurrency as a whole.

Beginners & Help - https://bitcointalk.org/index.php?board=39.0

Lanatsa

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Quote from: Myleschetty on October 22, 2021, 04:30:15 PM

There's a friend about Bitcoin last 2 years who have no interest in it but I was surprised when he came to me last week to tell me what he need to know about Bitcoin. I asked him why the sudden change of heart, he told me about the testimony he hear from someone and how he would have made enough profit effortlessly.

He's still a newbie. My question is, is there a way or link for to explain Bitcoin to newbies?

Apart from the forum rules and regulations is there a thread on this forum that explains in detail the whole concept of crypto currency on this forum?

1. Explain the basics.
2. Show them the whitepaper on what Bitcoin is all about (p2p transactions without 3rd party involved)
3. Tell them about the risk (Scam,frauds,human error on losing wallet etc.)
4. Talk about adoption
5. Talk about the con's of it in terms of investment
6. Tell them about security of their assets

Just tell and stick with the basics and it wont really be that much hard for them to understand.

TinaK

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Let him read the sticky topics on the Beginners & Help board ( https://bitcointalk.org/index.php?board=39.0 ) and after that, he will surely understand what is bitcoin and how it will use. Just basic information, after that, if your friend has an interest he could be able to teach himself.

Another is to explain to your friend the risk and the consequences that are possible ahead. It always has an advantage if you know how bitcoin will use and works. Because bitcoin is not just easy money to earn, you need to have patiently wait once your profit once there.

AhmadM

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Quote from: Myleschetty on October 22, 2021, 04:30:15 PM

He's still a newbie. My question is, is there a way or link for to explain Bitcoin to newbies?

The following sources below might be good uses for your friend to learn about bitcoin, although not the entire contents are friendly for newbies.

[1] https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj
[2] https://www.lopp.net/
[3] https://cryptodetail.com/
[4] Why KYC is extremely dangerous – and useless - by 1miau
[5] https://github.com/bitcoinbook/bitcoinbook

blockman

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Just tell him that it's not that easy as he thinks just because someone made money from it effortlessly. He should look at how long that guy he knew has been holding bitcoin. Usually, with the sudden change of heart from these people who have ignored bitcoin before, they're actually for the profit, the quick profit! It is what they think but they never know the struggle of how long someone has been holding it and enduring all the dumps and corrections that have gone through. Always tell him if he's fine about knowing bitcoin's volatility and if he's good with that before investing.

Yogee

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Quote from: Myleschetty on October 22, 2021, 04:30:15 PM

There's a friend about Bitcoin last 2 years who have no interest in it but I was surprised when he came to me last week to tell me what he need to know about Bitcoin. I asked him why the sudden change of heart, he told me about the testimony he hear from someone and how he would have made enough profit effortlessly.

He's still not interested in Bitcoin with that kind of reason. He just wants to make money. I don't know but you should probably save yourself from the trouble of explaining technical details or basics on the blockchain. Go straight to how to buy BTC and tell the risks of investing.

Quote

He's still a newbie. My question is, is there a way or link for to explain Bitcoin to newbies?

Bitcoin for beginners by Andreas Antonopoulus videos are quite easy to digest. You can find them on youtube.

I saw this thread also about crypto courses for beginners https://bitcointalksearch.org/topic/free-cryptocurrency-courses-for-beginners-5236933

Charles-Tim

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You can explain to him about:

1. First about scam and how to avoid

2. About decentralized exchanges and how kyc can lead to no privacy

3. About holding

Then about wallet, this link will be helpful about wallet: [General] Bitcoin Wallets - Which, what, why?

If he is a beginner, you really just have to keep it simple for him.

Myleschetty

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There's a friend about Bitcoin last 2 years who have no interest in it but I was surprised when he came to me last week to tell me what he need to know about Bitcoin. I asked him why the sudden change of heart, he told me about the testimony he hear from someone and how he would have made enough profit effortlessly.

He's still a newbie. My question is, is there a way or link for to explain Bitcoin to newbies?

Apart from the forum rules and regulations is there a thread on this forum that explains in detail the whole concept of crypto currency on this forum?

Topic: How to explain Bitcoin to Newbies - page 12. (Read 1398 times)