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Topic: Is cryptocurrency so difficult to understand - page 9. (Read 7156 times)

full member
Activity: 686
Merit: 227
September 26, 2018, 08:05:25 AM
Looking at what you mean by understanding cryptocurrencies. In order to fully understand the technical, economic component and have a user experience, different knowledge will be mixed up. I'm not sure that all users need to know exactly how crypto work. The market can change very quickly and some of your knowledge can become useless .
10c
full member
Activity: 658
Merit: 100
BuyAnyLight - Blockchain LED Marketplace
September 26, 2018, 07:25:47 AM
I am also a young man who was difficult to understand crypto currency, but after watching different training it became easy, if something is difficult to review or ask from other people.
jr. member
Activity: 182
Merit: 3
September 26, 2018, 05:47:49 AM
Cryptocurrency is:

One guy put the funds in in other side...
The guy other side will take out.

You lose someone win, you win someone will lose.

Bigger your winning the more losers will be.

full member
Activity: 546
Merit: 101
September 26, 2018, 05:41:04 AM
for some people who just found out about crypto currencies might think that crypto currency is difficult to understand because it can only be used online, but if we want to learn then we will be able to understand and have no difficulty anymore
newbie
Activity: 8
Merit: 0
September 26, 2018, 04:57:38 AM
Let me be very honest any new technology that comes into existence is said to be difficult at the initial stage, but that doesn't mean that we shouldn't accept it at all. We have to put some efforts to understand the technology. In the case of cryptocurrency, the scenario is the same there are many technologies involved in it like blockchain technology, cryptocurrency mining etc. I understand that these terms and concepts are not as simple to understand in the first go. But it's not impossible as well. In order to understand the cryptocurrency one should first start with the basic by doing research and reading various articles and getting the latest updates regarding the cryptocurrency. Apart from that, we can look for multiple infographics on the internet that would make the work a lot easier. One should also keep in mind that technical aspects that involve technical terminologies should be avoided as not every individual is techno freak and would understand it, so it is necessary to keep it simple.
jr. member
Activity: 154
Merit: 1
September 26, 2018, 04:16:32 AM
To be honest, at first, it also looked so hard to understand for me. And i remember that i gave up. After a couple months later, i decided to research back again. Now i’m glad, i invested in btc and eth, i earned a good profit. Just be sure that you’re spending enough time to understand the main factors of btc and crypto. Then everything will be fine.
Good for you! you are an example of why doing your research is important! it can change your point of view!
newbie
Activity: 70
Merit: 0
September 26, 2018, 04:00:16 AM
I think as a beginner it is difficult to understand cryptocurrency ,but once someone gets used to it ,they will find it more comfortable than fiat.
newbie
Activity: 35
Merit: 0
September 26, 2018, 03:54:44 AM
cryptocurrency isn't as difficult as you might think. The main thing is that you have spent the time to study it or just see it as a practical experiment.
member
Activity: 68
Merit: 10
September 26, 2018, 03:41:09 AM
There are some people who say that cryptocurrency is difficult to understand, why? because maybe they don't want to study it deeper and finally they have given up first and say that cryptocurrency is difficult to understand. In my opinion, cryptocurrency is difficult to understand first, but if we want to learn it and continue to understand it, cryptocurrency is very easy to understand.
I do not think it is difficult to understand but i think it is difficult to accept. First think about it as a scam or it will deceive them but it just a normal thinking for a person new to cryptocurrency. But I think for you to make them understand what cryptocurrency is all about, is to not disturb them all the time, just show them the good side of bitcoin and how it helps everyone and let them decide if they will patronize it or not.
full member
Activity: 343
Merit: 100
September 26, 2018, 03:24:42 AM
The crypto market is really confusing and complicated. Besides, the risk is very high but the profit is very big. Hence, to grasp the market requires a solid knowledge of the crypto market because of the rapid changes in the currency market and the rapid evaporation of our assets but it is also accelerating.
jr. member
Activity: 63
Merit: 1
September 26, 2018, 03:14:02 AM
There are some people who say that cryptocurrency is difficult to understand, why? because maybe they don't want to study it deeper and finally they have given up first and say that cryptocurrency is difficult to understand. In my opinion, cryptocurrency is difficult to understand first, but if we want to learn it and continue to understand it, cryptocurrency is very easy to understand.
full member
Activity: 518
Merit: 100
September 26, 2018, 02:45:30 AM
Limited information about cryptocurrency makes it difficult for people to understand crypto, digital currency, blokchain technology and others. even the government itself tends not to want to know or even care about crypto, but all can be overcome if the government itself provides facilities or public services that contain all types of information about crypto so that people can understand crypto easily and quickly.
Such information is not limited and everyone can access it. The obstacle is only the mountains of debris and not the perfection of search engines on the Internet. In order to find the information you need, sometimes you need to spend many hours spamming, advertising, and other useless trash that the internet is jammed with.
member
Activity: 350
Merit: 14
September 26, 2018, 02:26:56 AM
You need to try to understand bitcoin. If you spend time to learn about how it works and its benefits, i'm sure you can understand more about it. Bitcoin is not difficult to understand
At first ofcourse its so hard to understand, but i think after 2 weeks or 3 ypu will get used to it(as my experience), but putting your lot of time on crypto just to understand it and to gain knowledge is really worth it, the opportunity behind bitcoin is really big
sr. member
Activity: 446
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 26, 2018, 02:18:57 AM
Limited information about cryptocurrency makes it difficult for people to understand crypto, digital currency, blokchain technology and others. even the government itself tends not to want to know or even care about crypto, but all can be overcome if the government itself provides facilities or public services that contain all types of information about crypto so that people can understand crypto easily and quickly.
full member
Activity: 1610
Merit: 102
September 26, 2018, 01:56:15 AM
I do not think that cryptocurrency is so difficult to understand. Bitcoin and its other features are to easy to understand. If anyone who is educated and wants to learn about bitcoin, they will easily understand about cryptocurrency. It is difficult for uneducated people who have no knowledge of technology. But it is not impossible to learn. If you try to understand about cryptocurrency, you will be the success very soon.
full member
Activity: 338
Merit: 100
September 26, 2018, 01:30:26 AM
yes I agree in that way, because with this ... everyone can feel the beauty and benefits of bitcoin itself, because what I feel up to now, all my economic needs can be fulfilled easily, all of them cannot be separated from my role is playing bitcoin every day and wherever I am, because it is practical and flexible.
member
Activity: 504
Merit: 10
September 26, 2018, 01:15:28 AM
Well for me, it is jot that crypto currency os so difficult to understand. At first, I had no idea on how I will kick my feet to live the way of life in this crypto community. But as time goes on with patience and courage to learn and earn also at the same time, I somehow know the basic in the crypto currency community.
member
Activity: 179
Merit: 10
September 26, 2018, 01:02:39 AM
If you don't know anything in this business which is crypto, I could say its a YES! it is not that easy to adsorb the meaning of Crypto especially if it has a technology terms, even I read the this forum several times I didn't get the catch of it. Then, what I did was I continued to read and observed what others comment here, how they respond and gave tips and advise until one day I noticed that I understand it little by little, just never stop reading here, with full of dedication and determinations.
full member
Activity: 323
Merit: 100
September 26, 2018, 12:51:04 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 it is difficult but if you want to earn money you need to understand it. If you want to have a knowledge about bitcoin you just need to read some articles about bitcoin and also you need to explore the bitcoin to know how it process.
member
Activity: 434
Merit: 10
September 25, 2018, 11:19:20 PM
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 yes, I take 4 years to understand how the process of bitcoin. If you want to have a knowledge about bitcoin you need to seatch and read some articles about bitcoin. Also you need to explore the bitcoin to have knowlegde how the bitcoin can make a profit.
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