Is cryptocurrency so difficult to understand - page 43.

maskeffec

sr. member

Activity: 532

Merit: 250

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.

The crypto currency was very popular at the end of last year, but not everyone understands what cryptocurrency is and how it works. crypto is still a minority in the banking world. so you have to avoid debating with them, it will only waste your time, there is no specific method to deal with them unless you give them real proof so they come with high curiosity to you, and ask personally what is crypto and how to join?

shashikamal

member

Activity: 197

Merit: 10

dApps Development Automation Platform

It depends with the people you are convincing. If they are young you can start with Airdrops & Bounties to give them a kick start. Even most educated people & adults are not aware of the concept & basically Blockchain concept. But you can show them the example of how the internet invented & how far it has gone now. The same way this blockchain based crypto will create a new era in the near future. This is for those who need to change their lives in the future. But most of them are not ready to understand this concept. Mostly it will be useless effort made by you. But show them a example of real money in your hand by doing trade or bounties. That is a real proof that they can dip in to this crypto ecosystem.

Jammypoe

newbie

Activity: 272

Merit: 0

Do not blame them. No one understands or have a full grasp of it from the word go. Continue to devote quality time to educating them, and make sure it is practical. Do not stop at the "beginners stage" and leave them to go on exploring more on their own.

Above all, tell them the truth and be blunt with it. Do not paint cryptocurrency as being perfect and without it own flaws, the earlier they know this bitter truth, the better.

Cryptocurrency is not difficult to get and to use, when they acqunit themselves with the basics, it will turn out well for them.

bezygly

member

Activity: 266

Merit: 10

Start by studying books, wallets, exchanges, and also how to buy and sell. Invest some money to help yourself understand how each of them works and how they interact with each other.

There is a simple and understandable book "Digital Gold"

Dudeperfect

hero member

Activity: 1190

Merit: 534

Well, cryptocurrency is nothing but just another form of money. Today most of the people using the internet are also using email facility but I am pretty sure that most of them are unaware of the process taking place in the background of sending and receiving emails through the servers. Similarly, when it comes to the Bitcoin or any other cryptocurrency, it is not necessary to understand each and everything but the basics of using it and security are enough. It is not at all difficult to understand.

Victorik

member

Activity: 994

Merit: 14

Cryptocurrency could be very difficult to understand as it is actually complex. But taking it simple for the newbies will foster a new step understanding. How it works, the reason why the price does go up and down and so forth.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: Runbitup on September 05, 2018, 09:03:05 AM

Quote from: cryptonewsID on September 05, 2018, 08:49:43 AM

Quote from: ShroudKar98 on September 05, 2018, 03:36:25 AM

Explaining to others about cryptocurrency is very difficult and not just once to explain it, it takes time so they can understand the basis of cryptocurrency, but if they already understand the basics and how to take advantage of cryptocurrency they might be comfortable in cryptocurrency.

when someone decides to join cryptocurrency it must be prepared with everything that will happen, and it is not easy to learn, and we have to learn a lot with seniors.
Learning about cryptocurrency requires time and deep understanding.

we only need to support them with active communication to add to their insights, all difficulties will be biased along with their experiences, especially when they are active in trading, sometimes to understand must suffer losses, but we still have to give support so that negative things don't happen.

We do need to guide them as long as they needed us and give them good advised while they are still new from the surroundings, we need to accept the fact that in order for them to be more keen their interest should be more deeper, there's always difficulty when you are starting from the scratch, but with some help from those people who already have broader knowledge good basis can be take and understanding will be much easier to adopt, on hands help will bring bigger impact as they will learned it in an actual based.

MinerFTW

sr. member

Activity: 462

Merit: 250

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.

It's really hard for most people. That's why most of them think crypto currencies are some sort of scam. And the strange fact is that even young people can not understand the basis of the crypto currencies.

bitterdog

hero member

Activity: 728

Merit: 503

dApps Development Automation Platform

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.

I think its a normal thing if people find the difficulties when learning or trying understanding cryptocurrency, because crypto is a new form of technology and it must be need a lot of time to understand it. I think the best method for understanding crypto is through the social media.

reda

sr. member

Activity: 910

Merit: 260

Before using the Cryptocurrency lean the information. This information is a help for easy to use the cryptocurrency. It online process. So careful to use. transaction process important for some purchase and exchange any country currency. Find the below mention link for your information. If address will be a change for the transaction is not easy to find the reach the coin place. So learn the information then use it.

https://www.forbes.com/sites/johnhall/2018/05/20/what-is-cryptocurrency-a-simple-guide-to-understanding-cryptocurrency-and-crypto-news/#55324442320d

Ethan Argu

jr. member

Activity: 340

Merit: 1

I think its difficult to them if the person is uneducated, lack of idea of digital gadget, and people has age above 50. Because its difficult to understand. Because as we all know much younger and educated only understand cryptocurrencies work. But if they read a lot about crypto u think they will understand but it makes consume time so study well read all articles that can help you grow.

Kingstonic

newbie

Activity: 20

Merit: 0

I think lack of basic knowledge about what cryptocurrency is and the way it operates makes it difficult to understand.

matthew1981

newbie

Activity: 70

Merit: 0

If your a newbie or a beginner it's really difficult to understand cryptocurrency and blockchain due to lack of knowledge about it. That's why reading and research about cryptocurrency is a big help to learn and understand how it works.

felicity06

jr. member

Activity: 251

Merit: 3

Globe-dex.com

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.

Nope.. Cryptocurrency is not really difficult to understand its up to you if you will think it.. Be positive there are a lots of good source of information in order for us to understand deeper the things about cryptocurrency.. It will never be always easy keep that in your mind everything in this world are really difficult and very impossible to achieved but if you are determined enough that you will do it nothing could obstruct you to reach the goal you want..

Coleth

newbie

Activity: 210

Merit: 0

Not really for those who has been exposed to digital technology, but it is hard to understand for those who doesn't know anything about it as in zero knowledge of technology it will hard to explain blockchain and cryptocurrency without showing them how. Educate them properly....

Runbitup

full member

Activity: 700

Merit: 100

Quote from: cryptonewsID on September 05, 2018, 08:49:43 AM

Quote from: ShroudKar98 on September 05, 2018, 03:36:25 AM

Explaining to others about cryptocurrency is very difficult and not just once to explain it, it takes time so they can understand the basis of cryptocurrency, but if they already understand the basics and how to take advantage of cryptocurrency they might be comfortable in cryptocurrency.

when someone decides to join cryptocurrency it must be prepared with everything that will happen, and it is not easy to learn, and we have to learn a lot with seniors.
Learning about cryptocurrency requires time and deep understanding.

we only need to support them with active communication to add to their insights, all difficulties will be biased along with their experiences, especially when they are active in trading, sometimes to understand must suffer losses, but we still have to give support so that negative things don't happen.

cryptonewsID

full member

Activity: 490

Merit: 100

Quote from: ShroudKar98 on September 05, 2018, 03:36:25 AM

Explaining to others about cryptocurrency is very difficult and not just once to explain it, it takes time so they can understand the basis of cryptocurrency, but if they already understand the basics and how to take advantage of cryptocurrency they might be comfortable in cryptocurrency.

when someone decides to join cryptocurrency it must be prepared with everything that will happen, and it is not easy to learn, and we have to learn a lot with seniors.
Learning about cryptocurrency requires time and deep understanding.

uniquelymoi

newbie

Activity: 23

Merit: 0

Quote from: basyang on September 05, 2018, 08:13:46 AM

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.

For me. As a teenager, a mellenial people and have a knowledge in technology cryptocurrency is not difficult to understand. I know that many teenagers today can easily understand what is the nature of cryptocurrency. But how about some adult person? A person that is not familiar in crypto world and technology. Understanding Cryptocurrency is depends on people what age and how capable they are in learning crypto.

I agree with this. I have found learning about crypto relatively easy and feel I can give people some easy to understand general information about it. However it does depend on who you're talking to. Some people I have spoke to have some understanding but will argue that it's a bubble til they're blue in the face. Some people ask out of curiosity then their eyes glaze over and admit it's "over their heads" but wish they could understand!? Huh

Then there are those who completely dismiss it as not real money and won't even entertain it.
I think a lot of it comes down to interest, if people are interested in technology or even learning new things then that's half the battle. There's so many resources out there to increase knowledge of cryptocurrencies and blockchain technology but it's not on everyone's radar.

basyang

full member

Activity: 644

Merit: 100

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.

For me. As a teenager, a mellenial people and have a knowledge in technology cryptocurrency is not difficult to understand. I know that many teenagers today can easily understand what is the nature of cryptocurrency. But how about some adult person? A person that is not familiar in crypto world and technology. Understanding Cryptocurrency is depends on people what age and how capable they are in learning crypto.

littlestar92

newbie

Activity: 41

Merit: 0

I think it will be hard to understand with people who do not have much knowledge of the technology. To buy and sell bitcoin is very simple just to have the instructor is that you were able to buy bitcoin easily.

Topic: Is cryptocurrency so difficult to understand - page 43. (Read 7209 times)