Topic: Is cryptocurrency so difficult to understand - page 20. (Read 7180 times)
Yes, if you go into the cryptocurrency it would be very creepy and impossible to understand. But if you climb the ladders one by one it is actually easy. First of all you need to understand the blockchain system. I studied blockchain first, specially watched lots of videos and then jumped to cryptos.
Cryptocurrency is a digital currency. Though this currency is not accepted by all the government off the world. For this reason bitcoin is illegal in those counties. But i hope that one day bitcoin must be accepted by all the government in the world and it is making a legal currency globally.
I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
There are 2 big differences between Understanding cryptocurrencies concept "just for nothing" and "for getting additional income".I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
You should just invent a method of teaching which includes info about "how can I use it to become richer".
Crypto has given us a different perspective when conducting financial transactions. It seems that "deconcentration" is still quite new to the community and is still affecting the psychology and behavior of people.
I suggest If they really want to understand crypto currency engaged here in forum or other forum that talks about bitcoin or crypto. One of the easiest way to learn by watching video or youtube video about bitcoin there a lot of youtuber out there who is guiding beginner in Bitcoin 
I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
No cryptocurrency isn't that difficult to understand just one has to spend some time on the forum and understand hou ow the market works and all the work and sweat which you have wasted will be replenished in the market when you will make some real cash .
for the first time there will probably be many who find it difficult to understand how to use and how to be able to benefit but some time later they will be able to understand how to become a trader and be able to make a profit, essentially you have to dare to try new things.
nothing is difficult if we want to learn. I think cryptocurrency is not difficult to understand because cryptocurrency is very compatible with this modern age that is all online. we can teach cryptocurrency to our friends by playing videos, sending articles and explaining slowly until our friends understand. for the first time we must often read and ask the more senior. after that we will slowly understand. then teach him to buy an item with Crypto or invite him to join the bounty program and campaign after receiving a coin. I'm sure your friend will believe in cryptocurrency.
I think not difficult but its complicated at the start due of cryptocurrency is completely volatile and lots of people don't understand how it works but if you really serious to learn crypto currency you will understand this eventually after a few months of research about this technology.
it's really very difficult to tell everyone about cryptocurrency. but you can show your income while trading on cryptocurrency, and it certainly makes everyone curious about cryptocurrency.
I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
No its not, specially when you're really want to know about cryptocurrency and do have patience to learn through time. Most of us people are in touch with the internet, lots of stuff to read about cryptocurrency are there free and true, just do a lot of reading to know which one is fake. What will really help you to understand cryptocurrency is to engage with it, experience trading and holding. I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
Hi dude! Cryptocurrency is not difficult to understand. With the development of the internet today, you can easily learn a lot of knowledge about cryptocurrency on the internet. You should remember that there is no hard work for hardworking people. Wish you success with cryptocurrency.
Yeah. when I was a beginner in the crypto-currency world, many concepts were incomprehensible to me. even after 2 years, some technical aspects of the blockchain work are also difficult to understand. but I read a lot of literature and everything becomes clearer.
And that is the key to learning gracer. To admit that something such as cryptocurrency is really difficult to understand (which it is really). Even to the technologically trained mind, understanding cryptocurrency will indeed take much time and effort. To learn what blocks are, what is a peer to peer concensus, what are hashes, what's a private key and many more proved to be a non-overnight matter to digest.
There's not even a single explanation as to why cryptocurrency was invented that can be easily understood by people with no crypto background.
Yet, the process of learning becomes more effective when one empties their cup and concedes that they do not know anything but is willing to learn and understand.
I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
In fact, it is extremely difficult to understand the cryptocurrency, to know even the smallest details in the market and in the cryptocurrency as a whole, you need a lot of time and experience in the study. I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
The thing is that very many people treat crypto-currencies with prejudice, because they are not used to changing something in their life. They want the familiar things and the usual money. They do not need any innovations.
Their's is no difficult to understand if you are willing to study about cryptocurrency. I start here just read lot's about cryptocurrency and then i learn trading and investing all information about cryptocurrency you can find here in forum.
Well, as much as i admire your self sense of learning, i doubt it is applicable to the general public. Equating bitcoin as a currency is quite easy to understand specially if we simply talk about purchase and payments (although it still holds a substantial amount of explanation as to how bitcoin gained its value).
But dwelling deeper on investing and trading and its economy as a whole could never be learned easily. In fact, ask a layman to sign up on an exchange or better yet, simply create a bitcoin wallet on his own might prove to be a horrendous process without any guidance.
Emails are easier to start with. But, allow me to stress this, bitcoin can be learned, perhaps not as easy, but could definitely be learned and understood.
Actually cryptocurrency is not so difficult to understand, besides everything could be learn. With proper access such as internet, smartphones or computers along with your willingness it wouldn’t be hard for you to understand how does it works.
It is really hard to understand for people who don't know much about internet (for people who using this only for fun, movies, music and games).
It's not really hard to understand crypto, I myself didn't understand cryptocurrency the first time I googled it, so I research and read more sources to clearly understand what it is. 
I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
Be as simple as you can be in the terminology of blockchain. Start from what the know to what you want them to know. Discuss Blockchain and compare it to normal ledger which they know,informing them that blockchain is like ledger in cryptocurrency world. Tell them that fiat money is controlled by government through the central banks while cryptocurrency is not controlled but decentralized which makes it possible for crypto to be in the poor people hands. Tell them about exchanges which is like normal banks and what cryptoexchange is used for.
Yeah. when I was a beginner in the crypto-currency world, many concepts were incomprehensible to me. even after 2 years, some technical aspects of the blockchain work are also difficult to understand. but I read a lot of literature and everything becomes clearer.
And that is the key to learning gracer. To admit that something such as cryptocurrency is really difficult to understand (which it is really). Even to the technologically trained mind, understanding cryptocurrency will indeed take much time and effort. To learn what blocks are, what is a peer to peer concensus, what are hashes, what's a private key and many more proved to be a non-overnight matter to digest.
There's not even a single explanation as to why cryptocurrency was invented that can be easily understood by people with no crypto background.
Yet, the process of learning becomes more effective when one empties their cup and concedes that they do not know anything but is willing to learn and understand.
It is really hard to understand for people who don't know much about internet (for people who using this only for fun, movies, music and games).
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