Topic: How to explain Bitcoin to Newbies - page 4. (Read 1398 times)
i think if you want to explain bitcoin to newbies, you need to explain about the 'world' of bitcoin, i mean you need to explain about the blockchain first, after you tell about blockchain, you can tell about the private key, and the address, tell them about private key are private, just the owner can know about the private key. and then you can tell then about block explorer, about tx hash, and gas fee, i think it will be great if you explain them detail like i said hahaha
actually it is not easy to introduce bitcoin to beginners, because all of that takes a long process, it is not enough just to tell stories, about bitcoin's work, about bitcoin adoption, and about the wallet that he must have, but we also have to always guide him, to keep learning bitcoin , so that he doesn't get down, and frustrated, because beginners are usually easy targets for scammers..
explaining about bitcoin and taking it seems like an easy thing nowadays. especially when there are enough examples of successful people. other than that, bitcoin is not a secret anymore. however, making them understand the risks was a very difficult thing. many of them think that bitcoin is a fast way to make money. however, such an expectation could easily crush them. however, if you want to explain about bitcoin, try to make them understand the benefits and risks.some people I teach, I tell them to look for that information on the internet, then ask me what they don't know.
He’s clearly just interested in profit making and not the technicalities. So keep it simple, teach him how to buy, sell or hodl. How to avoid scams and how to keep his wallet safe.
If you go technical, the newbie will miss the point, get frustrated, and lose interest. Keep it basic and try to be practical.
Don't start by explaining Bitcoin as an Investment vehicle, they'll miss the point and confuse it with HYIP. Let them see it as money first, before anything else.
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It's really difficult to deal with newbies in this subject but time and patience will do the trick.
Don't start by explaining Bitcoin as an Investment vehicle, they'll miss the point and confuse it with HYIP. Let them see it as money first, before anything else.
-
It's really difficult to deal with newbies in this subject but time and patience will do the trick.
also, if the newbie is really interested in knowing more about the nature of bitcoin and how it is now influencing the market, he can always read useful information from the internet. you don't need to explain technical things on him. he can easily access all that he needs via internet.
but he can always ask someone who is into crypto about other things that he is still confused of. but all the others can be taken care of, if he knows his way over the internet. this is the advantage today. one click in search button and you have tons of info that you need. but you need to slowly digest the info, otherwise, you will feel drowning and giving up to know more about this market
Not that really hard to understand because even though you arent that a tech savy you would able to understand.
my friend tell me what bitcoin is, how you get it, how to deal with other thing, and now here i am.
this is about how you give them good sentence, about detail, not only put the order, but also take responsibility in every action they ask.
my experience about bitcoin, the first time I got to know bitcoin, I was introduced by a close friend of mine, at first I was doubtful that bitcoin could provide convenience to me, but in the end I got success with bitcoin, my friend continued to guide me, he taught me how to adopt bitcoin, and teaches about bitcoin exchange, and he teaches to make hardware wallets, I am very grateful to my friend, because with me learning bitcoin, my life is a little better, although it does not give wealth but at least it has made my economy a little better..
actually it is not easy to introduce bitcoin to beginners, because all of that takes a long process, it is not enough just to tell stories, about bitcoin's work, about bitcoin adoption, and about the wallet that he must have, but we also have to always guide him, to keep learning bitcoin , so that he doesn't get down, and frustrated, because beginners are usually easy targets for scammers..
Well if we are going to explained Bitcoin to a newbie I think we need to have a big patience and think about how we start or understand crypto when we are also a newbie. Sometimes newbie always think that they already learn a lot of things but there emotions prevail and they will lose because they cannot manage or control thier emotions.
I agree on that controling emotions is also very important in crypto and I also once a newbie who experienced loss because I can't control my emotions when I see bloody market, I quickly dump my holdings even at loss so I end up lossing, we need to always learn and always think on how to handle different situation because in crypto we cannot assure everything because of the high volatility market.
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.
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.
meaning your testimony is not enough for Him to trust and invest in bitcoin so this needs another friend of Him to show interest in this one?is this really your friend?
Quote
He's still a newbie. My question is, is there a way or link for to explain Bitcoin to newbies?
we are all newbie up to now because this market shows another new things further time .Quote
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 is no specification , meaning they need to read and explore more this forum for a perfect and great outcome of their research and knowledge .
Simply explain and allow them to ask a question. Bitcoin is still known to us in the same way, but the process is slightly different. When some people first heard about bitcoin, they assumed it was a high-yield investment program (HYIP). After getting scammed, they learned the truth about bitcoin. I am one of those people who got scammed and then learned the truth about bitcoin. Usually, it is just a simple question that can be answered by searching the internet, but the question is: how do you make money with bitcoin? because there are numerous methods of earning money from it. Explain to them, and then allow them to ask questions so that you can answer their questions if they arise.
In my conclusion still larger part should aware around BTC and there's alot of stuff to convence approximately BTC that how Bitcoin is and different things such as its characteristics to endeavors that can be made from different sources, particularly here, this will discover numerous things related to the preferences of bitcoin over its part, and it has been stated of course with numerous points or discussion.Also it'll not be a terrible thought to educate them approximately gathering like this to perused more around the BTC an crypto to meet modern individuals around the globe to memorize more modern things.
If you go technical, the newbie will miss the point, get frustrated, and lose interest. Keep it basic and try to be practical.
Don't start by explaining Bitcoin as an Investment vehicle, they'll miss the point and confuse it with HYIP. Let them see it as money first, before anything else.
-
It's really difficult to deal with newbies in this subject but time and patience will do the trick.
Don't start by explaining Bitcoin as an Investment vehicle, they'll miss the point and confuse it with HYIP. Let them see it as money first, before anything else.
-
It's really difficult to deal with newbies in this subject but time and patience will do the trick.
also, if the newbie is really interested in knowing more about the nature of bitcoin and how it is now influencing the market, he can always read useful information from the internet. you don't need to explain technical things on him. he can easily access all that he needs via internet.
but he can always ask someone who is into crypto about other things that he is still confused of. but all the others can be taken care of, if he knows his way over the internet. this is the advantage today. one click in search button and you have tons of info that you need. but you need to slowly digest the info, otherwise, you will feel drowning and giving up to know more about this market
Not that really hard to understand because even though you arent that a tech savy you would able to understand.
If you go technical, the newbie will miss the point, get frustrated, and lose interest. Keep it basic and try to be practical.
Don't start by explaining Bitcoin as an Investment vehicle, they'll miss the point and confuse it with HYIP. Let them see it as money first, before anything else.
-
It's really difficult to deal with newbies in this subject but time and patience will do the trick.
Don't start by explaining Bitcoin as an Investment vehicle, they'll miss the point and confuse it with HYIP. Let them see it as money first, before anything else.
-
It's really difficult to deal with newbies in this subject but time and patience will do the trick.
also, if the newbie is really interested in knowing more about the nature of bitcoin and how it is now influencing the market, he can always read useful information from the internet. you don't need to explain technical things on him. he can easily access all that he needs via internet.
but he can always ask someone who is into crypto about other things that he is still confused of. but all the others can be taken care of, if he knows his way over the internet. this is the advantage today. one click in search button and you have tons of info that you need. but you need to slowly digest the info, otherwise, you will feel drowning and giving up to know more about this market
Here are some steps to explain bitcoin to newbies:
1- Show him bitcoin picture so that when he grow up in the community he can be able to differentiate bitcoin from fiat money.
2- Show him all the rules that guide bitcoin in the community by pointing out some users in the forum how they obeyed bitcoin rules to become professional in the community.
3- Show him those bitcoin users that loss their bitcoin to scammers in the community because they were not satisfied with what they have in the community. Short cut is not good for them in the areas of becoming a successful investors in the community.
1- Show him bitcoin picture so that when he grow up in the community he can be able to differentiate bitcoin from fiat money.
2- Show him all the rules that guide bitcoin in the community by pointing out some users in the forum how they obeyed bitcoin rules to become professional in the community.
3- Show him those bitcoin users that loss their bitcoin to scammers in the community because they were not satisfied with what they have in the community. Short cut is not good for them in the areas of becoming a successful investors in the community.
If you go technical, the newbie will miss the point, get frustrated, and lose interest. Keep it basic and try to be practical.
Don't start by explaining Bitcoin as an Investment vehicle, they'll miss the point and confuse it with HYIP. Let them see it as money first, before anything else.
1. Help him download and install Bitcoin wallet for experimental purpose. During the process, he'll be able to see what Master seed looks like. And teach him how to secure and use it in future.
2. Show him/her how to Send and Receive Bitcoin using the wallet address.
3. There are countless MLM and Pyramids programs out there disguising as Bitcon investments to trick newbies. Explain to them the differences.
4. Show them the white paper and encourage them to read through.
5. Use practical illustrations to them the blockchain technology. And the potential it holds.
It's really difficult to deal with newbies in this subject but time and patience will do the trick.
Don't start by explaining Bitcoin as an Investment vehicle, they'll miss the point and confuse it with HYIP. Let them see it as money first, before anything else.
1. Help him download and install Bitcoin wallet for experimental purpose. During the process, he'll be able to see what Master seed looks like. And teach him how to secure and use it in future.
2. Show him/her how to Send and Receive Bitcoin using the wallet address.
3. There are countless MLM and Pyramids programs out there disguising as Bitcon investments to trick newbies. Explain to them the differences.
4. Show them the white paper and encourage them to read through.
5. Use practical illustrations to them the blockchain technology. And the potential it holds.
It's really difficult to deal with newbies in this subject but time and patience will do the trick.
It always depends on what knowledge the person already has (computers/economics/mathematics etc).
For an unsuspecting "friend's girlfriend", it's probably the most difficult thing.
I'd go with: It's like cash! On the internet! Don't need bank account!
If they ask more specific questions, like how does it work, why are bitcoins valuable, etc, then you can go deeper.
For an unsuspecting "friend's girlfriend", it's probably the most difficult thing.
I'd go with: It's like cash! On the internet! Don't need bank account!
If they ask more specific questions, like how does it work, why are bitcoins valuable, etc, then you can go deeper.
here is a beginners guide to investing and trading crypto, I used this when I decided to get into crypto trading really helped to show me the first stage and some of the other stages as well very worth the purchase to invest in your self. https://www.digistore24.com/redir/325658/elimay94/
I am sure that your friend is interested in Bitcoin because of the hype or even because of the very big news about the price of Bitcoin itself.
Yes, I also have some friends that are interested in crypto because of the pmp price of Bitcoin and Doge at that time. But at first, I only tell them about the basic of crypto and also Bitcoin especially. And they will also commonly ask about the regulation, just tell the regulation i your country and also globally.
then, you may also tell about the price that commonly will give you profits but also risks that will be faced someday.
Yes, I also have some friends that are interested in crypto because of the pmp price of Bitcoin and Doge at that time. But at first, I only tell them about the basic of crypto and also Bitcoin especially. And they will also commonly ask about the regulation, just tell the regulation i your country and also globally.
then, you may also tell about the price that commonly will give you profits but also risks that will be faced someday.
now simply quoting from the forum what is bitcoin and on what basis people want more bitcoin and how does it work ,it's already on the forum all of that! I will divert to this forum with a myriad of useful knowledge for him to reading ! I used to explain face to face many of them didn't believe it ! so right now I don't want to bother explaining with foaming mouths let them read what has been in this digital world's ,If there are further questions what they don't understand I can immediately put them into practice then they will understand faster ! it's better to read first
What forum do you mean, to be clearer because there are many bitcoin or crypto forums and this forum includes Bitcointalk, I think it would be better if a beginner knows and understands what bitcoin is and how it works first on the internet, after reading it on the internet because it will be easier to understand. and moreover when they read it they can read it in more detail and also thoroughly.because there are many links that explain what we need in detail, and when they know the basics, suggest going to the forums to develop their knowledge for the better which I think that way will be more effective and that way they can understand what they read or discuss in the forum and not confused.
this is the most suitable reference for you Beginners & Help
Let newbies know that bitcoin is decentralized currency and it's what you handle without the involvements of your brother, secondly bitcoin can be easily take away from you with social platforms for investment that yields interest by the scammers, avoid the double interest and double profit in bitcoin investment platforms because at times it leads to scam. Buy and hodl bitcoin for long time to get profit.
that way anyone will be scared and avoid using bitcoin although you're right. most people in the past when they heard about bitcoin they associated bitcoin with the crime of money laundering luckily nowadays this thought has disappeared and in many TV channels and major newspapers they speak highly of bitcoin, even people who were fanatical about gold now buy bitcoin, in a short time a lot of good things happened for bitcoin
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