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Topic: when you try to explain people about cryptocurrency do they understand? - page 3. (Read 3623 times)

newbie
Activity: 98
Merit: 0
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
When I tried to explain the cryptocurrency to my parents, they were not interested in the encryption. When I explained to my friends about cryptocurrency, they didn't believe in cryptocurrency, they thought it was a hoax. I tried to persuade them to invest in bitcoin, but they didn't listen to me.
full member
Activity: 294
Merit: 100
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
At first I explained crypto to my friend they are very difficult to understand. And in the end I told them to search an article and see youtub. Because I have run out of words to explain it
full member
Activity: 336
Merit: 100
The Pure Proof-of-Tansaction [POT]
When the first time I introduced bitcoin to my friends and relatives it took some time for them understand bitcoin.Its very hard to explain  since they are new to bitcoin but now most of them are already engaged to bitcoin.
member
Activity: 182
Merit: 10
It is very difficult to explain to people who do not know crypto, because for the layman this method is very difficult. But we need time to explain to people who have never tried it, by slowly teaching it, he will understand for a long time.
newbie
Activity: 85
Merit: 0
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Some friends are askin me about cryptocurrencies. I explain this to them by giving examples from fiat currencies. Creating similarity between fiat currencies and cryptocurrencies is a good technic to explain bitcoin and others to them.

None of my friends asked me about cryptocurrency, and I never tried to explain to them either. Never again.
They tend to be  close minded about it. Maybe they heard something negative about it prior to me explaining.
On the other hand, a few of my colleagues asked me once about it, then I started explaining, and  to my surprise they were pretty sesceptible about it. They appreciated cryptos.
It was not so hard to explain when they are ready to listen
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
why should i need to explain to them?sucks would i gain some recruitment fee if i made them enter crypto?they are the one who will be needing this communitu but offourse they dont know yet,i wont spend my time to explain for them instead i will wait their approach for me to teach them
sr. member
Activity: 658
Merit: 250
I started investing since 2 years ago was very afraid but the profit came just a week after investing I was delighted.
You must be very much lucky then as you managed to have the profit in the very first week of your investment. Most of the people find it very much difficult to have some good profit due to lack of knowledge. The thing is you should keep on telling others regarding this concept of bitcoin and crypto currencies as this will not only help in their favor but will also result in increase in the demand of the crypto currencies in the international market.
At the expense if cryto's existence, still a lot of people don't understand on how this technology works. They lack knowledge about it and find it as a scam. What I do in my part is that I explain to them it benefits and how it affects the market positively.
full member
Activity: 476
Merit: 107
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

For those who are aware and always online in internet, it will be very easy to understand crypto currency if you will tell them. And for those who dont know crypto, maybe it takes time for them to understand it. Luckily my family are aware of this things so they are also part of crypto community Smiley
hero member
Activity: 798
Merit: 527
I started investing since 2 years ago was very afraid but the profit came just a week after investing I was delighted.
You must be very much lucky then as you managed to have the profit in the very first week of your investment. Most of the people find it very much difficult to have some good profit due to lack of knowledge. The thing is you should keep on telling others regarding this concept of bitcoin and crypto currencies as this will not only help in their favor but will also result in increase in the demand of the crypto currencies in the international market.
member
Activity: 364
Merit: 10
It is very difficult to understand any people about anything which is totally unknown to them. Though this system is very use to understand but honestly it gives us so much pain to understand people about it. Most of the people just can not believe because they will not able to use it physically but if we show the legal information practically then they shows their positive emotion on it. We can not understand to the illiterate people about this system but literate people really want to join with this system after knowing properly about cryptocurrency. You have to show all the legal information with proof to understand perfectly to the people.
full member
Activity: 1036
Merit: 109
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?


I tried to explain it to my workmates before because I want them to gain like how I earn but unfortunately, they just laughed at me and told me that what I was sharing the was a scam. Since then, I didn't bother explaining because it is my lost after all. I was just concern about them and I want them to have another source of income but they refused to believe it.
full member
Activity: 406
Merit: 102
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?


No i dont think so. Crypto is so intense tht its so hard to explain what it really is. By definition it is but a Digital asset, and then what? Even when i started i find it hard to really grasp the meaning of crypto. Maybe until now i cannot call myself equipped with all the knowledge about crypto currency. I am continually learning new things and i'm actually enjoying it. Sharing to other people would seem so hard especially if you yourself are in doubt of the knowledge you have about a certain thing.
member
Activity: 112
Merit: 10
First i will explain about the knowledge of crypto currency to all my friends and also my relatives and my family who's interested to know about crypto and i sudgest also to watch a video in crypto currency to understand what it is and then i will tell them the concept of chart on how to trade and buy and sell and to know little by little to underatand clearly.
full member
Activity: 434
Merit: 168
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I , myself get through to this so hard as i am not a fan of reading, but when this bitcoin sounds so interesting to me and so i did. Explaining it to myself is very hard , i got through a lot of researches and studies. What i always to people who wants to know bitcoin and cryptocurrency is this " type bitcoin to google and read all the letters and words there." and if they have a violent reaction then they can't have any chances learning onto this.
newbie
Activity: 19
Merit: 0
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full member
Activity: 378
Merit: 100
UNCLOAK™ - Cyber Threat Detection Powered by EOS™
I've been telling about bitcoin or crytocurrency to my friends or family. At the beginning they seem like don't understand at all. But as they are getting interested in crypto, they are getting it slowly. It takes time to get it. 
full member
Activity: 504
Merit: 107
Mostly they only understand cryptocurrency as the different trading method other than the traditional FIAT. They do not understand the other benefit of the cryptocurrency itself.
But as long as they only know the shell of the crypto, it would be fine for me. But if they want to know deeper and show us some interest in this world, that is where we tell them how the system work and in what way they can get it.
jr. member
Activity: 126
Merit: 5
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I think what I know is not enough to explain the knowledge of cryptocurrency. When my friend wants to learn about cryptocurrency, I will give him a video on cryptocurrency to let them know before I explain it to him.
member
Activity: 476
Merit: 10
Student Coin
Honestly they dont,so im giving them an example like a chart and how to trade and buy and sell and then they know it a little bit quiclky,and i think it only depend on the people on how how do they eager to learn in this world of crypto.
newbie
Activity: 67
Merit: 0
I think it depends on age. Not 100% but I find younger generations understand the concept a little better than those who have been raised in a very different era with different values. The concept of money and tokenised value has been around since we started using paper money. Most people don't really understand what money is. As well as being tokenised value andreas antonopolus reduces it further and calls in tokenised trust transfer. Idont think anybody understands this to be honest. The younger generation don't look at technology and the digitised world as being foreign in the same way my grandmother does which I think makes it allot easier to conceptualise cryptocurrency and its value and benefits
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