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Topic: How to explain Bitcoin to Newbies - page 3. (Read 1398 times)

full member
Activity: 1526
Merit: 111
Pepemo.vip
December 21, 2021, 09:03:25 AM
Now a lot of social media that explains material about Bitcoin. Both articles and videos are now available. You can visit Google to find articles that discuss Bitcoin, if you still don't understand the reading, you can try watching the Bitcoin explanation video on Youtube. Usually, most people can understand better if someone explains it verbally than just reading it yourself.
great way to watch youtube to get information about bitcoin. after we read books, and look for articles on the internet, if we don't understand, then the best way is to ask friends who already understand bitcoin, I think that way we will understand it more easily, because we can meet face to face
hero member
Activity: 2282
Merit: 659
Looking for gigs
December 21, 2021, 08:41:27 AM
As of now, there are still some newbies who reached out to me asking for explanation regarding Bitcoin. I just simply said to them that they’re just like buying stocks at cheap price and sell when it’s high but no central authority as it is decentralized. On top of that, I just said that it’s the first ever cryptocurrency in the world and the most popular, and of course transactions are transparent because of the distributed public ledger known as blockchain.
full member
Activity: 486
Merit: 100
DAEFROM.com
December 21, 2021, 08:26:53 AM
Now a lot of social media that explains material about Bitcoin. Both articles and videos are now available. You can visit Google to find articles that discuss Bitcoin, if you still don't understand the reading, you can try watching the Bitcoin explanation video on Youtube. Usually, most people can understand better if someone explains it verbally than just reading it yourself.
full member
Activity: 1292
Merit: 101
Vave.com
December 21, 2021, 08:24:38 AM
My question is, is there a way or link for to explain Bitcoin to newbies?
For better explanation about Bitcoin or other Crypto currency you can search video on YouTube, have many video about Bitcoin and also you can search in google. This both are best option for better understanding about Bitcoin.      
Youtube could be a good source to find the many question's answer .You can get different easy idea from there and start to explain him/her .I think it will be better to show the price and the value of the recent time and also where it start from .He/she will get few idea that ho much it has value to the world .Gradually start to explain him a lot option that how can he/she earn from here .I think that's how he/she can get the interest about btc and also on crypto market .Why not its make him/her to come on this platform explain him/her that how thousand of people are earning here and holding their asset become more rich .I think he/she will surely get it .
sr. member
Activity: 1330
Merit: 256
December 21, 2021, 08:01:17 AM
for beginners we must explain how the role of bitcoin carefully where bitcoin is a long-term investment if a beginner wants to be in the crypto world then we must give a more detailed explanation, especially that bitcoin is an investment whose prices tend to go up and down so we have to give more reasonable directions to beginners because bitcoin does not have a fixed price right
full member
Activity: 395
Merit: 107
December 21, 2021, 04:08:34 AM
For beginners there are many things he must know to jump into the world of bitcoin, especially they must be ready to face the risk of every investment or participate in a project, and for beginners must read first every rule in this forum so that he does not violate, most importantly he always wants to ask if there are problems that are being faced in this forum, And to get results, we need patience in investing and following reward projects, because the results we get today are not as easy as we think and we listen to others.
legendary
Activity: 3094
Merit: 1127
December 20, 2021, 05:19:28 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?
in such cases, you need to be careful, because it's not right to advise and you can lose your friendship once and for all, so I don't let my acquaintances or friends into these matters, so as not to be extreme later, but there are exceptions.
There would be no friendship would be broken if you do just know on how to make those words in proper arrangement and you shouldnt really give out guarantees and always tell them about the risk because once they are aware as you had told them then they wont really be blaming you whenever they do lost up money because its an inevitable thing and try to explain them about the basics
but honestly this isnt really just for the sake of investment because bitcoin wasnt really created for that sole purpose but rather its just an opportunity or side
benefits because Bitcoin is really intended for payment system and investment is only on the next line.
hero member
Activity: 2982
Merit: 610
December 20, 2021, 04:33:15 PM

When beginners think of Bitcoin, the next moment they imagine of a huge profit if they invest in it so and thats how the media and friends around, have showcased as getting profits by investing some money into Bitcoin. But they tend to realize after they invest what is real and how the profit should be gained. Yes, they need to either learn by themselves or someone has to explain them about the volatile market and how it moves. Everyone might have gone through such situation when we pitched into this forum or when we invested into bitcoin.
It is somewhat they got hyped because of what they have heard on social media. Might they be right as investing in Bitcoin will give you a profit, huge profit if we know how to deal with it plus the market changes? As long as they have a working strategy and give them positive results, they are on the right track. But have to say that not all have that kind of direction and most of the time these newbies fail to make it, they are more complaining about losing.
I think these newbies must have to know and be aware of the REAL situation of the crypto market first.
full member
Activity: 1092
Merit: 105
Sugars.zone | DatingFi - Earn for Posting
December 20, 2021, 03:08:13 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?
in such cases, you need to be careful, because it's not right to advise and you can lose your friendship once and for all, so I don't let my acquaintances or friends into these matters, so as not to be extreme later, but there are exceptions.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
December 20, 2021, 01:25:43 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?
now it has been widely spread on the internet and on youtube explaining what bitcoin is, just type it in a search but the problem is whether they believe in bitcoin regardless of the wishful thinking of big profits?

Many beginners don't realize that bitcoin is a very volatile asset, if they can't hodl it then when the market is bearish they will sell their btc.

When beginners think of Bitcoin, the next moment they imagine of a huge profit if they invest in it so and thats how the media and friends around, have showcased as getting profits by investing some money into Bitcoin. But they tend to realize after they invest what is real and how the profit should be gained. Yes, they need to either learn by themselves or someone has to explain them about the volatile market and how it moves. Everyone might have gone through such situation when we pitched into this forum or when we invested into bitcoin.
full member
Activity: 1890
Merit: 101
December 20, 2021, 11:33:33 AM
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?
now it has been widely spread on the internet and on youtube explaining what bitcoin is, just type it in a search but the problem is whether they believe in bitcoin regardless of the wishful thinking of big profits?

Many beginners don't realize that bitcoin is a very volatile asset, if they can't hodl it then when the market is bearish they will sell their btc.
full member
Activity: 2548
Merit: 217
December 20, 2021, 01:07:27 AM
This forum will be the first medium to know about bitcoin wherein your friend can interact on do's and don'ts regarding about bitcoin. Youtube is also the best for it hence it has more videos about it and you can also explain to him directly that will certainly make him more interested about bitcoin.
Personally I referred them to search online especially watching some youtube videos just to grasp some knowledge and idea of bitcoin, thereafter I practicalized it by opening a new blockchain wallet using an android mobile phone, I did explained to them how to receive bitcoin in to the wallet respectively and show them where to copy their BTC address for transactions, I also show them how to send bitcoin to another person, this are some basic knowledge required by a newbie which I believe is very important.
for me, tell about this site is better than you just go online by yourself, asked by friend to do something alone is hard. because, from this site, you know not only bitcoin, and when you get paid, you forced to use wallet, checking transfer about that information, and other thing. you play a game, and learn the other that relate directly.
Giving this site(Bitcointalk.org) won't be enough because newbies still need Guidance so best to let them watch Youtube also aside from entering this site and reading continuously , we also need to talk to them constantly for more info that they need.
remember that we are once a Newbie also and we keep looking for near answers in our question and our mentors is always there to help us out.
hero member
Activity: 1358
Merit: 513
December 19, 2021, 10:42:45 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?
When my friends ask me to explain what Bitcoin is, I start with explaining what blockchain is. Blockchain is a chain that contains records of all transactions where address and values are put. Then I explain what problems must be solved thanks to Bitcoin: transparency of the financial system, no control and regulation from authorities. And then they usually want to hear how to earn on this market.
sr. member
Activity: 938
Merit: 250
December 19, 2021, 08:39:07 PM
This forum will be the first medium to know about bitcoin wherein your friend can interact on do's and don'ts regarding about bitcoin. Youtube is also the best for it hence it has more videos about it and you can also explain to him directly that will certainly make him more interested about bitcoin.
Personally I referred them to search online especially watching some youtube videos just to grasp some knowledge and idea of bitcoin, thereafter I practicalized it by opening a new blockchain wallet using an android mobile phone, I did explained to them how to receive bitcoin in to the wallet respectively and show them where to copy their BTC address for transactions, I also show them how to send bitcoin to another person, this are some basic knowledge required by a newbie which I believe is very important.
for me, tell about this site is better than you just go online by yourself, asked by friend to do something alone is hard. because, from this site, you know not only bitcoin, and when you get paid, you forced to use wallet, checking transfer about that information, and other thing. you play a game, and learn the other that relate directly.
member
Activity: 686
Merit: 21
December 19, 2021, 08:28:48 PM
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
That means understanding bitcoin is all of knowing the Trading side of bitcoin, from my side i thought that understanding bitcoin is like knowing the wallets first that is good to secure some coins and also knowing when to buy because of lost and also know when to sell to make profit of big, i see trading like the difficult side of bitcoin
member
Activity: 476
Merit: 12
December 18, 2021, 06:33:12 PM
Comprehensive information about Bitcoin can be found on the internet. Knowing about bitcoin is not something that is difficult to find. Rome was not built in a day. Start by teaching Him the ideology of Bitcoin and blockchain technology.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
December 09, 2021, 12:49:50 PM
This forum will be the first medium to know about bitcoin wherein your friend can interact on do's and don'ts regarding about bitcoin. Youtube is also the best for it hence it has more videos about it and you can also explain to him directly that will certainly make him more interested about bitcoin.
Personally I referred them to search online especially watching some youtube videos just to grasp some knowledge and idea of bitcoin, thereafter I practicalized it by opening a new blockchain wallet using an android mobile phone, I did explained to them how to receive bitcoin in to the wallet respectively and show them where to copy their BTC address for transactions, I also show them how to send bitcoin to another person, this are some basic knowledge required by a newbie which I believe is very important.
hero member
Activity: 1148
Merit: 501
December 09, 2021, 12:26:08 PM
My question is, is there a way or link for to explain Bitcoin to newbies?
For better explanation about Bitcoin or other Crypto currency you can search video on YouTube, have many video about Bitcoin and also you can search in google. This both are best option for better understanding about Bitcoin.       
jr. member
Activity: 72
Merit: 1
December 09, 2021, 11:45:19 AM
From experience, I think the best way to explain bitcoin to a newbie is that it is a risk investment and no guarantee of profit, you can't invest with your life saving money but only money you afford to loose. Bitcoin or crypto at large isn't it get rich instantly investment. You loose some, you gain some. And always remember to use this acronym NFA!. I think with this little clue, whoever is teaching will be way free from any embarrassment coming from the newbie
member
Activity: 924
Merit: 15
December 09, 2021, 09:37:00 AM
This forum will be the first medium to know about bitcoin wherein your friend can interact on do's and don'ts regarding about bitcoin. Youtube is also the best for it hence it has more videos about it and you can also explain to him directly that will certainly make him more interested about bitcoin.
But unfortunately only a handful of people know about this forum, even if I wasn't introduced to this forum by a friend a few years ago, maybe I wouldn't have known about this forum and maybe never even knew that there was a forum that specifically discussed this kind of thing.
As for YouTube, it might be a pretty good reference because there are a lot of content creators currently discussing crypto, especially bitcoin.
besides that they can also understand more because they don't only focus on reading because there are so many people who are lazy to read but on media platforms like YouTube they are more visualized through direct examples as well as sound and video
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