Topic: Is it easy to teach crypto to beginners? How to? (Read 608 times)

It's not hard, but there will be always people with more difficult to learn, especially depending on their age. Elders have more difficult getting used to technological matters, so you can expect to have a hard time trying to make them understand or adopting Bitcoin. Moreover, you should be careful when teaching someone about cryptocurrencies, because they might blame you later in case they end losing money somehow. First of all, you should let it clear crypto is a risky business, where prices are volatile and losses are pretty possible, mainly on short term and when investing in altcoins such as memecoins.

If they are aware about the risks and still want to take responsability for their own choices, you can go ahead and start teaching them how to invest. A basic and easy concept would be to download an exchange app, create an account and guide them through the process of acquiring their first amount of cryptocurrency. Then there isn't really nothing else they can do besides waiting and checking from times to times how their investment is behaving.

When there is further interest, you can also guide them through the process of purchasing a hardware wallet, so they can hold their funds safely, without fearing to be hacked or scammed due to the money being held in third party's hands. Step by step and through experience, the beginner will get used to crypto and at some point he will rarely need your help.

Right, I can remember when I am involved in crypto back in 2016, That was time i searched about crypto and other crypto related topics but i never got good result to learn about my topics i mean when resources was not enough to learn but now this is very easy to learning about any sector, So many resources in video tutorials in online and articles.

Usually it's not, because it's a complicated thing in the mindset when you get into it for the long term. I am not saying the action itself is hard, you open a simple crypto exchange account, you do your KYC, then you wire some money from your bank account to that exchange, then you buy some crypto, keep it, when you are ready to sell then you sell it, then you wire money from that exchange account back to your bank account, that's it.

However, if you get into grit of things and look into when you should buy and when you should sell and how to trade and which coins to trade etc etc, that becomes a very complicated situation. The real answer is that none of us are trading with 100% success, it is not going to be possible which is why we need to learn to accept defeat time to time. Sometimes you trade and make a great profit, sometimes you trade and make a big loss, it's just part of the market and try to just be above breaking even point, that's all you can do during this market.

Even me that already has adequate experience when it comes to crypto still don't know how to create a crypto, so how much more them that are a complete newb when it comes to these? . Plus the crypto market is already saturated or polluted with a lot of junk coins. We may not want to worsen this up more by creating our own pointless cryptos. Even if let say it is useful, I think there are cryptos already that can serve the same purpose, so it doesn't make any sense creating another one.

Creating our own crypto for the sake of teaching someone about crypto trading is also a time waster and like I said earlier, there are plenty of cryptos already that can serve the same purpose, so why can't we just use them right away? Eh?

The advantage is that we can explain something with the existing facts, because it is clearly stated on the container, so it can provide real information. Moreover, if the discussion is equipped with direct practice in the field, such as direct buying and selling practices witnessed by our discussion partners, it will make it easier to understand quickly so that it is easy to understand like I used to learn about crypto directly face to face with coworkers who always met every day in one job

A blend of both would be beneficial for everybody involved, I may agree.

You can teach them virtually through different channels. The best option is to make a video in your native language about Bitcoin and cryptocurrency. Start with the very basics and explain everything in simple words. Recommend some websites or links you have read about crypto over the years. Mention the risks involved in crypto investment. Do not suggest any currency besides Bitcoin and advise them to go for spot trading/ holding. Warn them against future trading.

In the past, teaching crypto to beginners was very difficult where everyone who wanted to learn had to arrange time for learning meetings, now in the digital era we can easily teach online and without knowing the time. We can also use the online system as long as the beginner is consistent in learning and wants to be self-taught personally, the system is easier to teach the beginner in stages so that it is easy for him to understand what he has to learn so that everything runs smoothly.

Most of the case if you teach beginners in investment world not only in crypto, they just think because other people already got lot of profit from this investment then they would like to do the same but without any prior experience before and once they got overwhelmed with so many information from their friends and then they just give up and not even bother anymore.

If you don't have good motivation and goal in mind(not including profit) then most of the newcomers will leave really soon.

Okay lets say that everything should be told on online aspect or medium then everything could really be Googled.
There would really be possible ways on where they could check.

-Youtube
-Forum(Bitcointalk)

Even if we do say about this forum alone on which it would really be that sufficient enough for you to tell them to hover themselves into this place
and make those learnings even more broader. The only thing that you should really be that mindful about is not to give any assurance that they could
make money into this market. Always always consider on the risks involved and never make them getting boosted up about making money with it.

Tell them about the potential scams and frauds about projects existing on which not all things that they would encounter will really be that legit.
Always stick into the main ones like Bitcoin or simply with the original of course. On the time that they will be able to accumulate sufficient knowledge
and awareness then this is the time or moment that they would consider on stepping into other field or simply broaden it up.

Not only about crypto but many more things can now be learned at home very easily, because it’s a digital era, if you have android phone then you can search anything in google or YouTube and other so many platforms, no need to meet physically to learn about crypto. So many videos and articles in online, those are very helpful to gain knowledge in crypto. Also some of my friend of mine asked many times then I provided a lot videos and article.

In my opinion, both discussions and technology should be involved, technology can make a discussion more elegant, easy to understand and the source of accuracy is clear and detailed so that listeners can more easily digest the contents of the discussion

We already talked about many things related to learning about crypto with usually we need to understand few things about them in discussion, and also we need to ask many questions so it's never been easy to learn all from online stuff or having use of technology even we are currently living in era of modern technology, but we still need to go ahead and having communication and talks which give us better view about things, and we can solve many problems as well.

I am personally having good experience of setting things with discussion and having view from others as well so for the learning and having knowledge about anything works better in talk and discussions instead of using technology because it's nature of human, and we need to stay with this instead of going to live like robots.

Well it is hard to teach crypto without meeting each other, a lot of explanation needed and it is hard if you just chatting or texting words, it is still possible but its hard because not all of your friends will surely understand because they have different level of understanding there fast and slow learner so for me it is still good if you teach them in actual so that they can understand well.

Unfortunately I rarely make posts about crypto, there must be a lot of questions that want to be asked as curiosity and maybe there is also a sense of interest, in terms of responding to this I only suggest reading a lot first, providing good sources such as coinmarketcap, there they can get to know various types of crypto first and can look for other things provided on coinmarketcap and most importantly I always give direction to never put money first if you want to start investing or trading before knowing the risks

It's easier now to teach people things and for them to understand what they need by themselves in this era of the internet. All anybody needs to do is know the authentic sites to what they want, click and search the information. It's that easy now, you don't necessarily need to ask another person questions before getting answers that you seek. Before trying to teach other people about cryptocurrency you need to first carry out extensive research so that you will not mislead anybody and when you teach the much that you understand, you still need to let them to know that it's not a financial advice.

This Bitcointalk forum is a good place to refer newbies to learn about cryptocurrency. I joined this forum without any crypto knowledge but today I know quite enough to give crypto advice to newbies and refer them to helpful links.

That's all I can say from my own experience. If a new user or person wants to come to crypto or wants to learn everything about crypto then he has to study the most. For example, you are new here you have a lot to learn but you don't spend much time here and don't focus on crypto then I can say in one word you can't do these things. So if any person wants he will work hard and spend enough time towards crypto. Then he will be able to learn even though some guidelines are needed here, in that case he can ask any question and hopefully get the answer.

Well he is going to need to do alot of research on his own. Because you can not just learn about crypto like it is a subject in school.

It does take alot of reading and alot to understand. For me if I want to teach a person about it I will say they should read Reddit bitcoin sub. There is so much information in there and it is where I did learn alot about crypto.

I know that it takes much knowledge and experience in trading or even marketing to become a successful investor because it means we need to make literate decisions or do the hard work of researching projects so that we do not make poor investments. Making others learn how to invest their cryptocurrency, especially if not face-to-face, requires a lot of attention and patience. At first you can create education-focused content like articles, videos, or tutorials defining what a cryptocurrency is, project assessment techniques, and how risks are managed. In the modern times, we already got our online classes and that's a good example of primary source of knowledge. In addition to this ,sharing ideas with friends and discussions that can be done on social media and forums like in here will surely help creating an environment where peoples can learn from others. Personally you can actually recommend popular books, articles, and websites that can also lead to negative insights into cryptocurrency investing of course you don't need to share to much but you can give a headstart to a newbie investors and also it's important to underline the risks involved and strongly advice stepping up or wave calculations at small amounts. These can be strategies which, through time, educate and better help others through the intricacies of cryptocurrency finance.

Yep, if there are people who are willing to get you into practicalities, that would be the best way to see things differently and try it yourself. However, it's not always possible, unfortunately. Or it goes badly

You even have access to that where you can still communicate with the social media you are currently using or look for other options through zoom meetings or other things.
Come on, we are now so sophisticated that we can even communicate like now without knowing who we are communicating with and discussing so that for now learning crypto is actually very easy, it's just a matter of willingness that we need to have in order to do it.

But in this case, honestly for new people and giving them an understanding of crypto is difficult, especially for mindset problems so it is important from the start if you really intend to teach about what crypto is then we must also be able to emphasize that the mindset about crypto that provides instant profits must be suppressed because what I have encountered so far is that many people always give hope as if crypto is easy and whatever we do will be profitable but in fact the situation is not as simple as imagined.

Crypto can be taught from anywhere and there’s no barrier this days to knowledge and that is also applicable to anything you want to achieve and that can be taught from online. Cryptocurrency is a digital currency and most of the people that came to learn about it and are using it today learned about them online through meetings online and classes, watching videos on YouTubes, downloading books etc. You can teach them online and if they really want the knowledge, they’ll gain from it. Just that there’s a conception that teaching one physically is much better and they’ll be more concentrated than online. Which ever way is okay to me as long as the knowledge is passed as needed.

Crypto is a tough one because you can't see or touch it.  There are no earnings or dividends.  I guess the easiest way to teach beginners is to show how easy amd fast it is to transact crypto.  A brief history on why being your own bank that could never get shut down amd then point them into some great books and tutorials on it.  At this point there is tons of literature on it.  You can lead the horse to water, but let them drink it.

I have more sources not only these links they are good for a starter. Also want to add more I found a few interesting PDF and videos for technical and fundamental if you are interested check the two links below.

For investors who planning to invest for long term you need to learn Fundamental analysis I have a good source below directly from the exchange.

- https://research.binance.com/static/pdf/A-Guide-to-Fundamental-Analysis-in-Crypto.pdf

Also don't forget Binance academy where all newbies need is already here https://academy.binance.com/en/track/beginner-track

For both short and long-term related to chart reading, price action, and strategies you can check this channel below and watch all of his videos I'm sure you would like it explained very well with a guide and advanced strategies.

- https://www.youtube.com/@TradePrime

can you give me a video or article on how to learn about the crypto world? so that later I can explain to them what they don't understand about all that....they are my brothers and their place is very far from where I am, so I want to make them understand little by little..
I believe in crypto experts but I'm afraid they won't want to learn if I don't teach them and I'm afraid there will be fraud, sir..

this is very interesting sir and it also increases my knowledge about blockchain and the world of trading.. I will give this site to my friends after they read it all, I leave it to explain what they don't understand..
thank you sir for your help...

Indeed, nowadays technology is advanced, but what I complain about here is when we explain to those who want to learn crypto via mobile or social media, sometimes they have difficulty responding to our explanations and are even confused about how to practice it... but in my opinion it is better if we meet the person directly... then we practice and teach them directly, so that they have no doubts about starting to invest.

You have to tell them basic things about crypto, you have to make them understand that they can lose in crypto, they shouldn’t think they can only make money,  and they should know that crypto isn’t a get rich quick scheme, because that’s what most people are always thinking before investing in crypto, they are always thinking that immediately they invest in crypto, they will be able to double or increase their money instantly, which is not like that.

A few people have been able to learn about crypto from me, and they are not close to me, even though they are my family members. There are some useful materials which i shared with them, and whenever there is anything they don’t understand, they will contact me and ask me questions, and I will explain it to them. So you can teach them online also.

The crypto world is vast, you have to know first what he wants to learn in the field of crypto whether the project, trading, development, investment, ICO, coding, and many others about crypto.

But what I generally know is that they always want to be taught about crypto investment and trading, and that is the most common thing they ask, you can explain it by definition buying and selling on CEX or DEX very easily.
Or you can do a tutorial by doing a screen recording to share with your friend, don't forget to explain the risks and other negatives of crypto so that he can adjust to the worst possibility of entering this industry.

Why are you confused, because you don't know what he wants to learn, so ask him first so you can explain well.

It will be very easy to teach crypto to those who are interested in learning about crypto on their own.  First teach him what crypto is and how it works. Tell him about the past history of other popular altcoins including Bitcoin and show him evidence from various sources and the history of some other successful coins. Then tell the history of major successful traders and folders and show him evidence from various sources. Then you will notice that he will start researching various topics on his own because knowing about them will surely make him very interested in crypto.

Yeah true, we are going to end up with a ton of problems and that's going to cause a lot of trouble so it's going to take a while so I do not think that it will be easy to know if you are just motivated or if you are greedy. That doesn't mean that we are going to see the situation simply and quickly because we do not know ourselves without actually doing something about it at all, we need to see how we react when something happens, if we know how that works and how we react and what we do when something happens, then we can know if we are just greedy or if we are motivated.

If we are greedy then we are not going to end up with any good results because we will not be doing anything smart, but if we know what we are doing then we are going to have a much better result without a doubt. This should be the most important part, we need to keep doing this type of things without a doubt, so we could see our own versions and see who we really are.

Personally, I learned crypto from someone on social media, then I developed it by learning it myself. When someone has the desire to learn something, then by whatever method, he will really try to find and learn that thing. Apart from that, in 2020, when COVID-19 hit, many people studied via Zoom, or online meetings. This indicates that everything can be taught via the internet, even without meeting in person. Easy or not, it all depends on the presenter, and also a person's ability to grasp the material.

One suggestion is to have them create their own digital currency for free in a few minutes on Haypenny so they can start trading it with their friends.

This may not be what you want if you are trying to teach investors how to do high-end trading, but this can quickly introduce somebody to the concept of digital money.

Everything can be done online when teaching people about Cryptocurrency, if you are not that knowledgeable I recommend that you just do an introduction and let the experts do most of the explaining by directing these people to reliable sources and experts' opinions on articles and YouTube channels.

We have thousands of videos explaining Cryptocurrency in the easiest possible way, and there are videos in every language, so teaching is not complicated.

You do not have to meet them in person. The classes can be taught online. All you need is a platform for your meetings and a curriculum for the students. I believe you will find Telegram and Zoom very useful in the regard of your virtual meetings and classes. You can get many useful resources on bitcoin and cryptocurrency from the internet but I prefer you introduce your class to Andreas Antonopoulos materials.

In the olden says it hard to teach Cryptocurrency because there so few materials that can explain it in a simple and on a layman's language but now we have tons of materials that you can use to promote and explain Cryptocurrency to people, if you are not good at explaining then lead these people on platforms like YouTube where they can watch how Cryptocurrency works.

There are graphic videos , cartoon videos and experts videos so explaining to them is easy, compared ten years ago I have a hard time converting and explaining to people something that is new to their ears.

Well let's just say learning and teaching both depends on the learner who is the newbie in this case and also the teacher. You can't force someone to learn something they have very little interest in. Many newbies out there rush into asking and looking for a crypto mentor many because they are scared that they are losing out nice crypto opportunities. Many of these persons end up falling for scams or running into great loss because they are really not interested in proper understanding of how to whole crypto space works.
The first thing I believe a newbie should be interested in is security of his assets especially because of the dangers of hack out there.

Firstly I will say that you have to be very much careful about the information you will passing to people out there in order not to be misleading them. However, it is a digital world now and a lot of learning or lectures are going online without seeing each other face to face, such creating of a watsup group and as well introducing them to a forum like Bitcointalk forum where lots of knowledge are being shared when it comes to cryptocurrency, perhaps there are a lots of online platforms out side Bitcointalk forum even suggesting other online researches can help as well in getting most of the basic crypto knowledge.

What I expect  from anyone that have interest in cryptocurrency is to first of all show that motivations and zeel that is outside greed, because a large number of those that are coming into crypto lately are all coming in because of what they will make from the market and when that fails to come, they can become demotivated.

But if the motivation is there already a d there is no such element of greed, the newbie can then be able to have the patience to wait for long since cryptocurrency investment is a long term journey.

Seriously, if someone ask to teach them about cryptocurrency, it means they're not really interested with cryptocurrency and it could be just a "chit chat". Anyone can read and learn what is cryptocurrency using their phone, if they didn't understand English, they can still learn with their own native language, I'm sure there are someone that teach using the language they understood.

It's not that easy though as you have to prepare a lot of materials for starters. And so you have to research what you want to tell them. Of course with the advent of technology, you can do face time or whatever the latest technology that we have. Remember that during the pandemic, everything is done in the internet so obviously, we have experience teaching people thru online.

So it's just the question on how deep your knowledge is as well to be able to partake it to people that are interested. Or in the contrary, if you don't want to face time them, then maybe send them reading materials and tell them to message you if they have any questions.

There are lots of articles & other reading materials to direct newbies towards to learn how to use cryptocurrency. It really isn’t that difficult, I would personally start by telling them to read the Bitcoin Whitepaper as that’s where everything started. The most important thing is self custody, learn how to protect your assets, do not leave your cryoto on centralised third party platforms.

Knowledge towards what you are dealing is important. We are in risky investment which everything may collapsed if we are not paying attention on what we are investing so learning all things would provably helpful for people especially if they want to became a crypto investor.

There are also lots of helpful materials which you can locate online then send those links to them so that they can do a research towards what they want to learn about crypto. Also you can point this forum to them and tell that you can discuss crypto matters here then maybe they can learn something helpful on their early crypto journey. But spend only your time on deserving individual and don't waste you time on those people who's interested in quick profit since for sure they provably quit if they know its hard to earn in crypto.

Yeah, first things first - the fundamentals. Afterward - time to make mistakes, and improve upon them. It's a simple truth, really.

Teaching crypto doesn't necessarily mean teaching them about investing and whatnot. It's simply about the concept of how crypto is, how transactions are processed and what it's built from in the first place. Nothing complicated there imo, it's purely factual. Trading on the other hand is a whole different thing since it's a practical application in the real world of certain skills and, well, teaching them does not mean that it would be effective in the first place. Otherwise, everyone would've just used the same strategy to become part of the rich.

Would take time, probably wouldn't be effective as well, but doable even if you teach them online. Heck, people have learned to trade on their own even without personal teachers. Just, be prepared for losses .

Yeah, it's one of the main things for newbies to avoid, I agree

should tell them to change their mindset that crypto isn't playing at all, it's real money we are talking about and if someone is greedy and they go on future trading with 200x leverage they'd probably become broke in just few days .

so I think teaching them about the fundamental of invesitng and trading in which could prevent them from being greedy and goes broke should also be the first to teach if you plan to teach them something that could risk their money, just my opinion regardless.

To become a professional investor, you don't need to have any experience in business or trading. What you need to know is how to spot good projects that will do well in the long run and also DYOR every time to be informed and avoid unexpected losses.
If you have good knowledge about cryptocurrency, you can teach them about it without even meeting them. Since more than one person is asking you to teach them about cryptocurrency, you can create a group on social media and ask them to join the group so that you can teach them all at once and limit the stress of teaching them individually.

indeed if you try you can teach without face to face, although it is rather difficult to do because of the need for perseverance and patience, because now is the digital age that makes it easier for you to learn anything, the important thing is the desire, especially with the internet even though everything can't be done, it seems necessary to study in a crypto class, it can help learn in a more structured way because there are many choices for beginners, from zero to advanced such as the background of various crypto asset topics, because online learning has been widely used by many people to learn it.

Learn crypto is all about blockchain I have a good source to learn about crypto not only Bitcoin but also other altcoins.

You can check this link below

- https://github.com/yjjnls/awesome-blockchain

About trading and fundamental analysis you should start checking this link below

- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

You can provide these links to your friends or people who ask you but better learn it first so that you know more about crypto and trading.

If there is a classification for being a newbie investor and a professional investor then I'd say that I am just the typical one. Not as professional as the others but happy that I am quite profitable and able to make my investments better. I've got mistakes in the past but that did helped me to be more firm with my decisions as I invest and as well as being emotional.

We can teach them virtually. But be careful with teaching as you give no guarantees of making them profitable because they are still the ones to watch out for their own profits and not you as the mentor or teacher. Just teach them the basics and make them understand why it is important to DYOR before making any investments.

We are now in digital world. There was a time that there was no phone, not to talk of a forum or meeting online. But these era is digital. There are a lot of things that we can do online. People even learn online. If you have what it takes to help them know what cryptocurrencies are, you do not have to meet them physically before you start teaching them. But I hope you are not planing to scam anyone.

to become a professional investor must have a lot of knowledge or experience in business or trading, when someone takes action that will be done for the future, he will definitely think first before doing it and he will look for more information about the project he will follow so as not to fall into the wrong project. recently I posted about crypto on my social media account and many people asked me how to play crypto then they asked me to teach them how. can we teach them without having to meet? I think it's difficult! maybe friends here can share ways to solve the problems above.