Is cryptocurrency so difficult to understand - page 33.

Tipsters

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Quote from: nussy on August 31, 2018, 03:43:49 AM

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.

That will be a difficult quest young lad. Old people are stuck on the same money game they had first experienced. What advice I can give to you is that to start giving them videos and articles about cryptocurrency and blockchain and let them absorb it. Although chances are low for their acceptance, it is still a great contribute to our community.

ubeng07

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Quote from: jakezyrus on September 10, 2018, 01:11:52 AM

Quote from: Hulh on September 10, 2018, 01:05:30 AM

Quote from: Cacheof on August 31, 2018, 06:02:46 AM

For most people,all their lives they've been used to fiat currencies,so coming up with the crptocurrency to them will be all but strange and will take a little time to learn and adapt,that is very normal,each and everyone of us learned the crypto whims,it didn't fall on us

At first, it is difficult to understand cryptocurrency with the termenologies and its functions. Once we learn it step by step and experience we able to understand the basic info. Learning is a continuous process until you master about cryptocurrency. But dont stop yourself to learn because it keeps upgrading and innovating that we have to follow the pace.

its normal to experience a difficulty not only on cryptos but also to others things in life . like for example in your job or work , you might also confuse at first because you are still new on that stuffs but eventually you can become a pro on it if you will just continue to practice and master your skills .

cryptos on the other hand is not really hard or complicated because you can always tell that thier main purpose is like a curency , same as on a reguar currency that we use offline .

Expect the time that it was may been so hard to understand yet that we all know this could be some of the time that are really need to pay an attention with and you must be more aware on what that you need to take with.

jakezyrus

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Quote from: Hulh on September 10, 2018, 01:05:30 AM

Quote from: Cacheof on August 31, 2018, 06:02:46 AM

For most people,all their lives they've been used to fiat currencies,so coming up with the crptocurrency to them will be all but strange and will take a little time to learn and adapt,that is very normal,each and everyone of us learned the crypto whims,it didn't fall on us

At first, it is difficult to understand cryptocurrency with the termenologies and its functions. Once we learn it step by step and experience we able to understand the basic info. Learning is a continuous process until you master about cryptocurrency. But dont stop yourself to learn because it keeps upgrading and innovating that we have to follow the pace.

its normal to experience a difficulty not only on cryptos but also to others things in life . like for example in your job or work , you might also confuse at first because you are still new on that stuffs but eventually you can become a pro on it if you will just continue to practice and master your skills .

cryptos on the other hand is not really hard or complicated because you can always tell that thier main purpose is like a curency , same as on a reguar currency that we use offline .

Hulh

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Quote from: Cacheof on August 31, 2018, 06:02:46 AM

For most people,all their lives they've been used to fiat currencies,so coming up with the crptocurrency to them will be all but strange and will take a little time to learn and adapt,that is very normal,each and everyone of us learned the crypto whims,it didn't fall on us

At first, it is difficult to understand cryptocurrency with the termenologies and its functions. Once we learn it step by step and experience we able to understand the basic info. Learning is a continuous process until you master about cryptocurrency. But dont stop yourself to learn because it keeps upgrading and innovating that we have to follow the pace.

Charot12345

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Introducing cryptocurrencies to the people are really difficult especially if you start to tell them the complicated part of it. Just tell them the basic concept of crytocurrency that will not confuse them like it was a digital money. And tell them on how to earn from it, how a transaction can happen etc. And the other thing that they don’t know and curious to know is on them to learn through reading and search for answer themselves.

kylepos

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Cryptocurrency is not that hard to understand. Crypto is just like a online bank that you can transfer money hassle-free. No need of id and etc. The thing is you should read how to secure your money. There is a lot of forum, websites that you can learn on how or to create a wallet.

OcTA Bd

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I don't think so. Bitcoin and the other crypto currency is very easy to use and also very digitalized. Crypto currency world expanded this much due to it's easy usability. Day by day it's users are increasing. People getting in crypto world as they can use crypto currency very easily .

Akenosi

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Understanding cryptocurrency is not difficult atall for those who can read and write,I learnt cryptocurrency in less than 24hrs and here I am,but for those who don't have basic understanding of reading telling them orally is like performing magic letalone asking them to search about it on the internet.

BILGPS

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In the past it was difficult to understand but now every where the bitcoin and crypto exchanges are available which makes trading easy and possible and like that many articles and white paper of every coin is available on Internet and it is now very easy to understand.

kyledavid

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not actually because when i started in bitcoin i was not aware of it and somebody ask me to buy and use it for investment . what i only know is it is an online money where you can use in investing or saving money and at time flies i am getting more idea about it so i just learn it basically in news and experiences and to the people who guide me

Xalata

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Most people claim that understanding cryptocurrencies is very difficult but i think if the individual really has the passion for crypto like i do then he will understand it in no time.

ninokh

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first, it is difficult to explain cryptocurrency to people who are ordinary and do not know technology. but when we often explain and explain slowly they will understand. I used to be difficult to understand but after reading and watching videos about cryptocurrency I finally understood. indeed requires time and process to understand cryptocurrency. as long as we have enthusiasm for learning I think there is nothing difficult.

bajingluncat

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explain about cripto only in theory especially to people who are still laymen or just heard about cripto, I suggest you to give a technical approach, try to teach him directly in practice in the field don't explain in standard or scientific language it will it is difficult for them to understand but do with their daily language. Directly practicing it will be easy to accept. We are only obliged to accompany. As long as it goes, there will definitely be problems or things that they do not understand. I think it's a simpler and more effective method, we don't need to waste time talking at length without results, just practice it right away

FinnethB

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Sometimes, the reason why its hard to understand because you dont want to fall from scams! Most of us don’t really know who to deal or to trust. Good thing that Myshield was created! It was the world’s first Anti-Scam platform. This project will give us full confidence in all our online transaction and it will help us eliminate scammers to the crypto world.

jtrapirap

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I guess the basic concept about cryptocurrency is quite easy to understand, the harder part is the technical view of the technology itself. Also we cant blame them to fully understand the concept of crypto, maybe they are not interested with learning the new technology or they dont have much time for it. Learning in crypto and engaging with it also needs basic knowledge and tips on how to safely protect your assets. Carelessness in safekeeping private keys and wallet files may endanger your assets and total loss of your money.

smile1218

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Quote from: nussy on August 31, 2018, 03:43:49 AM

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.

At first it is very hard to understand specially if you do not have overview of the stock market because bitcoin has similarity in the stock market trading. But if you will study it will you will learn how to use and trade bitcoin we just need proper knowledge and interest.

AshleyCarter67

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At the present time, we are really easy to understand about cryptos. Their nature is similar to other common currency around the world, they are also sold and bought, in accordance with our demand and supply needs. If there are a lot of coin in the market at the moment, the amount of coin supply is huge, but the coin is just recently, but the demand is only coming from the consumer. Coins of great value in the cryptocurrency market such as Bitcoin, Ethereum, Ripple or Bitcon Cash. If the supply is greater than demand, then the value of the copper can be greatly reduced and vice versa.

Meowth05

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It is indeed difficult to understand but you can learn, just knowing the basics and ask for some tips on the veterans, you can survive in this world. Cryptoworld is complicated but once you understand it then you will definitely become successful someday.

meaamir

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Quote from: nussy on August 31, 2018, 03:43:49 AM

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.

Respected Sir, the same happened with me when i was fed with lot of information about cryptocurrency. But i think the person who was briefing me just focusing on the potential of earning from it, however when i joined crypto world , i came to know that it has vast scalability, applicable and Broader potential of acceptance. Currently i do not focus on the earning of it instead i talk about its potential and future. People are understanding it much more instead of focusing on Trading and scrapping it.

Amit nandal

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Yes it is difficult to understand but only for uneducated, less educated and elder people's.
Except them every one knows about electronic money.
Now a days in India almost 70% people use online transfer
So cryptocurrency is not difficult for them...

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