Topic: Is cryptocurrency so difficult to understand - page 25. (Read 7208 times)
I understand how you feel. first, u need to take it one step at a time. Don't rush it. Give them the basics, allow a little time and introduce a little more to them. Create a wallet while they watch and show them how easy it is to do transactions.
Initially the whole concept of blockchain technology and cryptocurrency is usually not so easy to understand as it isn't something we're accustomed to. But just try to simplify it in the best way you possibly could.
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've also experienced the same thing.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.
after that incident I have concluded that crypto is difficult to explain with words. it took a long time to really understand the crypto world.
not at all crypto is traders market here you can trades your coin. first you need to know what is trade market then you have to know what is crypto and how to invest. crypto is dangerous for new peoples.
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.
Difficult to understand in light of the fact that the entrance is missing to learn on the grounds that it is as yet a computerized installment and a few people may consider how to exchange utilizing Altcoin other than BTC? that was extraordinary compared to other things when entering the crypto market for newcomers including me when entering this world out of the blue. 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 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.
Its totally about experience...The experience you gather the more you will understand about cryptocurrency..No one is perfect at first...If you trade daily then you will get lot of experience and without the help of anything you can predict the price of cryptocurrency on your own..So its not so difficult to understand..Invest your time only.
I think that cryptocurrency are difficult for some people to understand. maybe 30%
I do not see any sense in studying this direction deeply.It is only important that this cryptocurrency and back to make a transaction is not possible.When you buy something for dollars, you are not interested in banking and the whole economy.
If you cant explains something in simple manner, then you do not understand the matter .
When i explain the principles, everyone understand what I am saying, so maybe try to explain it more vaguely not going into details.
When i explain the principles, everyone understand what I am saying, so maybe try to explain it more vaguely not going into details.
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.
First of all , its human nature that if you will teach something new to somebody, 70% of the people will not take that seriously. So all you need to do is, transact using crypto currency in front of them a few times. Then automatically they will ask you about crypto currency. Then, explain to them, remember don't explain the technical terms in the very beginning such as block chain, ICO etc . Just tell them that its a digital currency and you can transact easily by using this currency. According to me, if you follow this process then definitely they would understand the concept of cryptocurrency. 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.
that's right bro. even I always pay attention to the coin price chart that I bought. but my estimates always miss. even now I am still trying to always add to the knowledge and experience of investing ..
Yes it is difficult to understand for the people who are negative about it.On the other hand, it is easy for those who patiently do research and those who are willing to learn it.Learn and apply.
Of course, for successful learning, first of all, it is necessary to convince people of the positive impact of the crypto currency. And, of course, start with the basics. For unprepared people to try to understand all the subtleties to anything, this will only alienate them even more.
by doing researches you can understand cryptocoins and technology behind it. This forum is a very good place to learn about cryptocoin. I don't think it is hard to understand cryptocurrency. hard thing is prediction the crypto market. no one can't predict cryptomarket 100% correctly.
Bitcoin is not difficultdifficult to understand so far you can try to make research on what you are dealing with. The only thing that can make crypto currency to be so difficult is situation whereby a the person that intend s to use it is computer illiterate or complete illiterate.
It is true that at first its very difficult to understand it took me a month before i enjoy dealing with cryptocurrency. Thats why many people don't want crypto currency because they dont have patience to study crypto and they dont put time and effort to read about bitcoin.But once they understand bitcoin and you know how it works i swear they love it like how i love bitcoin.
i feel that the youth are finding it easy to understand the cryptocurrency than the old ones. truly it might take some time to fully understand cryptocurrency afte several studies. it took me some months and somehow 2 years to fully understand it and am still learning. so its only the interests that will make one keep learning because there is more to learn.
Nope it is not, it's actually good if you know the basics around cryptocurrency and in involving BTC, I think what makes cryptocurrency difficult is not cryptocurrency itself but rather what happens around BTC, if there is a rise or a downward cycle, these people are trying to know what is happening, some might be preparing to invest, and some aee panic selling or buying which is wrong, and that is why people are having a hard time.
I think a lot of people don't have specail knowledge concerning BTC and other currencies but we should make people more aware of their benefits. I hope there is an easy form of explanation
I think that it's possible to explain in general terms and in simple words what is the cryptocurrency. But in order for a person to understand that this is in fact, he needs to sit down and to figure it out, get to the bottom. When I started my way into crypto, I was also explained in simple words, so that I understood the meaning. And then I began to read and study myself. The main thing is that a person has a desire to understand and then nothing complicated.
Bitcoin is indeed very difficult to understand both about price movements and systems in the way it works, so some people don't want to invest in bitcoin or cryptocurrency and they think it will hurt them. But if we already understand and can learn the factors that cause bitcoin price movements, as well as the system and way of working of bitcoin, of course we will be interested in investing in bitcoin or cryptocurrency, because it really promises a considerable profit in it
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