Topic: Is cryptocurrency so difficult to understand - page 36. (Read 7242 times)

It is quiet difficult due to the technicalities and the technology involvement. You can't make one get the whole idea easily like that but I think if the person knows what he or she is venturing into and it capabilities to turn his life around then I think he will put much effort to learn and understand no matter what it might take. Let them understand that Cryptocurrency is all about digital currency.

I don't think so as I would see it the most effortless approach to understand what cryptocurrency particularly BTC is by asking or seeing specifically perhaps you have a companion who is as of now on the planet you can ask him from any littlest detail and perceive how he functions with the goal that you will understand all the more effectively.

Difficulties at first are natural, especially for ordinary people. maybe by applying motivational methods in the future or the goals to be achieved. For beginners, they will be eager to learn crypto even further, the most important thing is not to force it

Crypto can only be difficult to those who want it to be,  it is just like other projects when you want to understand it you will all you need to do is ask question and the answers will be given to,  everything is online.. Crypto is very easy to understand.

The harder the cryptocurrency is, the easier it is to understand. Cryptocurrency can easily be understood from a slight truning. News updates continue to understand cryptocurrency.

Crypto will take over fiat.
Everyone in the world feel the fiat inflation.
Yes people dont undestood about crypto and its not even easy to explain to them.its just people has like so strong beliveing system into old ways.
They cant or they dont want to get out from theur own compforth zone ! To learn about something new or expanding new ways its not easy because first what comes in people minds is fear fear of unknown.
People like the old ways your mind is something wich is something what get use to the traditional things.
Thats why the new brand names not succeed because people minds are use to see old stuff to buy old and trusted things to use brands wich has long history.
When something new it comes then its a learning process and people have lazy minds.
And people like to hear from some well known person that cryptocurrency is safe and we can use this.
Until no publick announcement from the famous person like Queen of england then no way people will trust this crypto even if you explain them about blockchain and show them how fast are the transactions and how easy its for ecommerce no chargebacks and no fraud.
So if the queen of england will say the crypto is the thing what we will use now and some few other guys will say like richard branson, mark zuckenberg bill gates if all those well known people will say that crypto is good and we all gona use it then people around the world will trust this crypto instantly!

It will always be difficult to understand to those beginners, but they can learn something about crypto day by day. Reading some articles or facts about crypto will help to have more knowledge. But cryptocurrency is not that hard to understand. Those people are not familiar with crypto so its really hard for them to understand it.

I was just a couple of months here in the crypto currency community, and for me, it is not so hard to understand the different fields and aspects in the crypto world. What my problem is that the no one have ever teach me more deeper about in here. And what I am doing is continuously learning by myself. If ever there is someone willing to teach me which is beyond my knowledge, I will gladly accept it.

Cryptocurrency is not difficult to understand. The principles are quite elementary and it is created in such a way that a greater percentage of the people will understand and embrace its concept. It is rather made up of simple numerous concepts as new projects enter the Blockchain.

I think that when it is thought to everyone at first, there is a confusion and hard to understand, but as you have read and read, and do some research, every terms and details seems to be an easy enough to understand. Just be confident enough and learn to adapt the teachings of your friend to you and read more because it helps a lot.

It is difficult. It easy for people for finance sector. Here you can read more about crypto:
A lot of traders who invest in BTC (short or long) with leverage got problem: how to compute profits and fees ?


https://www.ministryofmargintrading.com/


First 1 month I would recommend just read and ask not buy nothing!

In initial days if we are planing to enter in cryptocurrencies than we feel its real difficult to understand and same thing i faced in 2016. but after that u get addicted to cryptocurrencies. first step what is crypto and how we can purchase,hold and make transactions also what kind of wallet we need to use for cryptocurrency buy and sell and what is blockchain technology how we can track our transactions also how can we make secure our coins via various security method like 2FA,Hardware wallet etc & cryptocurrencies made for small and bulk transactions with minimum fee.

Everything is unfamiliar, confusing to us at the beginning. Cryptocurrency is the same. When I first entered the crypto market, I was like a blank sheet of paper, with no knowledge, no tools to support, all from the no. I was cheated by some ICOs, I was discouraged, wanted to give up but thanks to the will and the desire to learn I have some knowledge in this market. Now, I can confidently test whether ICO is fraudulent, not quality. You can PM me to know about this market.

Whats is it you would like to understand in marketing of cryptos? I guess many people are rather stuudying the tech itself than the promo the coins are doing, unless you're having your own blockchain project.

Maybe yes. for people who are new to cryptocurrency for the first time and myself as a beginner in the crypto world, I am still confused and there are many things that I have not understood, especially in the marketing and selection of suitable wallets when storing crypto wallets.

I do not think so. there are still many people who do not understand what cryptocurrency is and how it works. but the most important thing is education about cryptocurrency starting from the smallest detail

It will be difficult for most of the people to understand crypto currencies and its technology especially when they don't have or have a few knowledge about technology and this is one of the main reasons why other people doesn't understand or does not have an interest in talking about the blockchain and crypto currencies. Even some well-educated people don't want to talk about Bitcoin or crypto currencies and the immediately pre-judge it as a networking scam or anything similar to that without letting you explain it to them LMAO.

I think he is not talking about investing or something similar to what you are saying, He is telling us about the difficulties to understand about crypto currencies on some people in communities.

If you are not aware and doesnt have any background or understanding about cryptocurrencies, yes it is very difficult to understand. Every beginning is hard to underatand and worked for. All we need is to have patience to understand the things about it.

for people who have the desire to develop to keep up with the development of technology in the economic field, people may not have difficulty investing in crypto currencies, especially bitcoin, understanding all the risks that will be obtained

It's not difficult to just understand the cryptocurrency, everything we don't know at the beginning is incomprehensible. People who want to learn cryptocurrency should read about this technology for it and try a little bit to find out. I give them a superficial and brief information, people should be willing to do the rest.