Topic: Is cryptocurrency so difficult to understand - page 44. (Read 7180 times)
My opinion is, No. If you can get good knowledge about the crypto, then you can understand easy about the cryptocurrencies. Definitely, you will can't be understood about the cryptocurrencies without the knowledge about the crypto. But some time is very difficult to understand the movements of the cryptocurrencies. Personally, sometimes I'm surprised about some currencies movements. Especially, the current BTC movement. If you can understand well about the tokens, it means you can make good profits.
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.
cryptocurrency is very difficult to understand for the first time. but if you want to read about crypto and diligently read in this forum, you will definitely understand what cryptocurrency is. 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.
give an explanation with the approach, explain slowly slowly, and be a good listener, ask them what they don't understand, then explain in simple terms that are not too standard, so that they are easy to understand, such as giving explanations as often as they meet and do every day, maybe in that way they will be easy to understand, simple isn't it?
One of the reasons why young people find it difficult to understand cryptocurrencies is because they don’t have a grasp over blockchain and other technologies that are the basics of these currencies. While the world has been exposed to fiat for thousands of years, people are still wrapping their head around digital money. The only solution to this problem is to provide people about crypto with as much awareness as possible so it doesn’t remain an alien concept, but something that they can adopt without difficulty.
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.
Somewhat it is difficult but if we will study and understand it well we will get used to it. Crypto currency is such a very risky investment that only risk taker can tolerate the risk. Better to study the flow of the market well before investing to avoid such losses.
Everything is simple even for the person who does not have a special education which is connected with the economy. Just be ready to spend your precious time to learn more about the crypto world, and you'll succeed.
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.
Well, for me it is really hard to understand cryptocurrency and you need to take time in order to realize what is happening. You really have to ask for experts' advice and read articles and speculations.
I don't think you need to explain cryptocurrency from the technical point of view. Just like we explain the internet: it is an information protocol. We did not explain about TCP/IP and IP v4 stuff. Just mention that it is a digital currency where money can be transferred quickly with a reasonable fee. And then show the wallet, how to transfer, and stuff...
I agree with you, because. Not everyone has a background in understanding blockchain technology. Simply given an understanding of bitcoin in general, so for ordinary people. It will not be difficult to understand
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.
if I don't think it's difficult to understand the crypto world as long as we want to continue to learn and deepen the knowledge of the crypto world. because success needs to learn and try
It's very difficult to understand cryptocurrency without joining the community. Ones you join, after a few weeks, you will understand. Like if you want to know under the river, you can't only see from above. You must swimming at that river and enter the deepest part of river.
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Let's your friends join this thread, join some exchange and start trading. Also read some review of new ico project and another cryptocurrency website.
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Let's your friends join this thread, join some exchange and start trading. Also read some review of new ico project and another cryptocurrency website.
It was a bit difficult for me to understand when it was first introduced to me by a friend. Through additional research and reading topics and conversations from this forum gave me some ideas regarding cryptocurrencies.
At first crypto might be difficult, especially for people who don't have basic economics, I also felt it but when I was in this forum for a few months I started to get used to it.
You do not need to have some special education to start working with the cryptocurrencies. Just your desire and the time are needed. Watch the videos about the crypto on YouTube, stay on this Forum, and you'll understand everything.
First of all, the beginning is always the difficult to understand. but sometimes some people may feel different about the level of difficulty faced, but if we learn and have many knowledge about it with we should personally do own research and read a lot about crypocurrency, and we will going to study or search some details about it, which will make it no longer difficult to understand. Especially if we are already familiar with technology, surely it will gradually become accustomed and will not feel the difficulty to be understood.
Its not difficult as long as you do your research, we also have this forum to ask questions! you will get the hang of it soon enough!
Even I find it difficult understanding cryptocurrency at first because I am not a tech savvy, thanks to my brother who introduce crypto to me and guide me on all of this. To the ordinary people who are not tech savvy, they just need someone to introduce it to them, educate them about cryptocurrency, how it works and everything about it.
Its difficulty to understand and its super difficult for newbies ,it takes a lot of time to learn and know more about crypto ,I remember when I got my first rig its so difficult to setup and mine coins too,I had to go on YouTube to look for tutor ,trading Btc and altcoins is hard too.
Those people who dont have background about cryptocurrency it is difficult to understand because cryptocurrency is not common like a cash money. Also difficult to understand how cryptocurrency work and become money.
Those people who find understanding cryptocurrency is surely don't believe in the value of it, that is is the new digital cash. I think the thing that is difficult to grasp is the block chain technology, how it works, the cryptocurrency exchange platforms and the digital wallet where you keep your money.
Telling a newbie that he can make payment with a cryptocurrency generated from algorithm of some mathematical calculation on a blockchain is a difficult subject for him to comprehend. It takes time to convince any one on the use of crypto and even the person need to show interest in it.
In any market, we can not understand how it works. In the stock market too, everything is hard to guess. So we should let them be as easy and basic as possible. Why do not we invest in any altcoin in a year? I think it's a simple and profitable way of investing after a year.
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