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Topic: Is cryptocurrency so difficult to understand - page 47. (Read 7180 times)

member
Activity: 518
Merit: 11
September 03, 2018, 07:50:20 PM
yes, I think blockchain is difficult to understand, blockchain is a new technology, always has great innovation, everyone only understands the basic concepts of blockchain systems in general, but if we understand blockchain deeper, then we will find many difficulties.

for me, it's hard to share knowledge about blockchain to the public, but joining the bitcoin community can make us gain knowledge from other members.
newbie
Activity: 145
Merit: 0
September 03, 2018, 07:39:11 PM
for some people who are blind to technology it is quite difficult to explain to them about cryptocurrency, they prefer traditional methods because they are not complicated and safer, but if the technology trends occur on a large scale then they have to know it and it is the right time to explain crypto.
sr. member
Activity: 672
Merit: 251
September 03, 2018, 07:23:32 PM
You could try analogies.  People (not everyone though) understand stuff better with analogy. There are loads of Bitcoin analogies on the Internet.
 If they still do not understand with analogy, help them create Bitcoin wallets and send few dollars worth of Bitcoin in the wallets. If the Bitcoin is worth more in the future, they may be motivated to learn about Bitcoin/Cryptocurreny and even invest more.

Yes cryptocurrency is so difficult to understand, that's why many newbies investor panic because they don't have enough knowledge with cryptocurrency. It is a long process to study with, and have enough time for searching.
It's not a difficult to know if someone really desires to study it. The things are so simple, like knowing something for all types of crypto coins. Even by knowing the basic things, you will certainly be quite agile with.
newbie
Activity: 177
Merit: 0
September 03, 2018, 07:05:57 PM
You could try analogies.  People (not everyone though) understand stuff better with analogy. There are loads of Bitcoin analogies on the Internet.
 If they still do not understand with analogy, help them create Bitcoin wallets and send few dollars worth of Bitcoin in the wallets. If the Bitcoin is worth more in the future, they may be motivated to learn about Bitcoin/Cryptocurreny and even invest more.

Yes cryptocurrency is so difficult to understand, that's why many newbies investor panic because they don't have enough knowledge with cryptocurrency. It is a long process to study with, and have enough time for searching.
full member
Activity: 686
Merit: 104
September 03, 2018, 07:01:44 PM
in essence, bitcoin is a fluctuating digital asset. at first I found it difficult to learn how bitcoin was mined and finally supply was circulated on the market. that is it.
Ucy
sr. member
Activity: 2632
Merit: 403
Bisq is a Bitcoin Fiat Dex. Use responsibly
September 03, 2018, 06:58:09 PM
You could try analogies.  People (not everyone though) understand stuff better with analogy. There are loads of Bitcoin analogies on the Internet.
 If they still do not understand with analogy, help them create Bitcoin wallets and send few dollars worth of Bitcoin in the wallets. If the Bitcoin is worth more in the future, they may be motivated to learn about Bitcoin/Cryptocurreny and even invest more.
sr. member
Activity: 616
Merit: 263
September 03, 2018, 06:51:47 PM
To be fair, its a totally different concept due to its novelty but once into the space of crypto I don't think its that hard to learn it because there are so many places such as this to help you understand how things work
newbie
Activity: 153
Merit: 0
September 03, 2018, 06:50:17 PM
Yes at first its very difficult to understand it took me a month before i enjoy dealing with cryptocurrency.Thats why many people dont 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.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
September 03, 2018, 06:44:53 PM
Though cryptocurrencies is just similar with the stocks and exchange, its technicality makes it hard for others to understand and use it. That's also the reason why some people wanted to use the traditional payment system using fiat than using the more complicated cryptocurrency.
sr. member
Activity: 674
Merit: 250
September 03, 2018, 12:38:04 PM
for people who don't understand technology or primitive, then we will have difficulty making it understand the concept of the blockchain, and it takes a lot of time.

I think that giving a simple theory and making a blockchain analogy is a great way to make them understand blockchain, slowly but surely.
Although we have a simple theory but those who do not understand and refuse to learn will also be useless. New era, so the problem approach has many sources, they want to understand will not be too difficult.
jr. member
Activity: 196
Merit: 4
September 03, 2018, 12:36:12 PM
As someone who has joined the crypto world only recently, I have to say that cryptocurrency is a bit difficult to understand. Because it involves money and investments, cryptocurrency is not something that one can fully understand in just one day. You have to study and understand what it is about. It is for your own safety, anyway, if you do not want to fall for scammers.
member
Activity: 560
Merit: 11
September 03, 2018, 12:30:36 PM
for people who don't understand technology or primitive, then we will have difficulty making it understand the concept of the blockchain, and it takes a lot of time.

I think that giving a simple theory and making a blockchain analogy is a great way to make them understand blockchain, slowly but surely.
full member
Activity: 1372
Merit: 106
Available for rent
September 03, 2018, 12:21:42 PM
In my opinion cryptocurrencies are not difficult when understand you are about knowledge on it.and this is my suggestion if you are big amount form it first should know  what is it then study.then get into crypto world.all the very best.

Learning should always be ahead of earning and that applies to  all field including crypto.  I also feel that crypto is not difficult to understand,  it is just matter if interest.

Nathrmatics which is  a puzzle for most is like a gift to some.
sr. member
Activity: 812
Merit: 251
September 03, 2018, 12:13:23 PM
well, I guess it is too normal for the beginner to face those difficulty in learning here. If you are really interested and have dedication to learn  it so well, it will not be difficult to understand it for sure. But if you are going to force yourself to understand it and learn it, perhaps for sure in vie versa it will very very hard for you to understand it.
hero member
Activity: 672
Merit: 500
September 03, 2018, 11:58:19 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.
Usually someone will find it difficult to accept a new idea if they are comfortable with an old idea, the first thing you can do is make them interested in crypto, you have to give them a real proof until they are curious about crypto, if they are curious, then you can enter crypto concepts to them. because you also have to know that crypto is still a minority in the banking world, not many people have used and understood this technology.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
September 03, 2018, 11:55:29 AM
for you should be able to learn more and have to be able to find information about cryptocurrency in several media even on youtube because this cryptocurrency is actually very easy to understand and when you can understand it then you will be able to gain profits.
newbie
Activity: 227
Merit: 0
September 03, 2018, 11:46:32 AM
Actually, it's not so difficult to understand cryptocurrencies, if we know the basic concept of cryptocurrency. And then, if we want to learn more about cryptocurrencies, I'm sure those who are diligent in learning will easily understand cryptocurrencies.
newbie
Activity: 154
Merit: 0
September 03, 2018, 11:45:41 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.
Well,As a beginner it is truly difficult to understand how Cryptocurreny work. Of course there are the technical aspects that are hundreds of times more difficult to understand than this simple resume, but then you need to study,do research about crypto world.
member
Activity: 546
Merit: 10
💲 EMIREX EXCHANGE 💲
September 03, 2018, 11:05:11 AM
in my opinion they should be invited to crypto seminars more often or more simply bring the brand together with managers or people who are experts in blockchain technology, for that it may require funding but if they still do not understand, it should be the way it is, even though there are many sources to know closer to cryptocurrency
newbie
Activity: 56
Merit: 0
September 03, 2018, 11:01:01 AM
No ... there is nothing complicated in the field of crypto currency. However, this sphere (like any other) requires serious familiarization ... if you want to make money on this, then without understanding the basic principles of what is happening, there is no way. Therefore, you just need to be interested in the world of crypto-currency and be aware of all the changes. But this is not the most difficult area for development
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