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Topic: when you try to explain people about cryptocurrency do they understand? - page 8. (Read 3623 times)

full member
Activity: 154
Merit: 100
No, it has not really been easy for me to explain to others about cryptos, their importance in today's economy and their future possibilities. I must admit that even for me it has certainly been difficult to properly understand all the technological bases behind the development of altcoins. I have an academic preparation as a humanist and that is why computer issues have not been my specialty, however the relevance that are taking the cryptos goes beyond the mere computational field, so I am convinced that ordinary people like me also have the right to to be involved and give an opinion on this subject, despite the resistance of the technicians who hate that we, the normal citizens, give an opinion on these subjects that they consider of their exclusive competence.
sr. member
Activity: 868
Merit: 266
Initially most people seem to think that Bitcoin is just like any currency which they can use to make purchases. That was my first notion when i heard about bitcoin and later i realized that it has the ability to grow just like gold and other precious minerals.Am sure that as time goes on they also will come to see bitcoins in the light as well.
hero member
Activity: 798
Merit: 500
Normally they don't, but if you're intro cryptocurrencies long enough you eventually know how to explain the basics in a language fully understandable by most people. Then some get curious, and others don't...

Either way, it's still something quite out of the ordinary for most people, so it's pretty hard to explain...
When it comes to absorbing information, it is quite normal for most of people to experience difficulties specially when they are new in the process of transaction and systems of bitcoin. But as have said it is normal, we just need to focus and give a lot of time on our education process for to gain enough knowledge that could help us on earning and investing in the right manner.
sr. member
Activity: 504
Merit: 250
If the person to whom I tell you is interested in this then yes they understand a little but there are also those who just ask you are wasting your time they nod in silence and say that this is some sort of divorce
hero member
Activity: 1302
Merit: 540
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 they do because when ever I tried to explain to them about crypto currency I would put up an example like Fiat,
I would tell them that the crypto currency is just like Fiat and if they ask me about the market I would just tell them the exact same thing,
I would say that it is like buying a dollar and waiting for it's price to go up then sell it when it rise up.
if they understand how forex works then it would be an easy discussion to make, but most of the people doesn't have any idea about this so it's hard to
explain, most of the time I just try to show what i get from this crypto currency so it is much easier for them to believe, with some proofs i was able to
convince some of my relatives and friends.
hero member
Activity: 826
Merit: 501
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?
We are now living in an era where almost everything you want to know is found in the the internet, since bitcoin is done in the net, many people are not new about bitcoin and cryptocurrency. When i was ask about bitcoin from some of my friend, they already have basic knowledge about bitcoin, so all I have to do is elaborate a little on some unfamiliar terms on cryptocurrency. Advice them to keep on doing their studies on bitcoin.

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.
copper member
Activity: 882
Merit: 110
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 convinced only one person out of all the people i tried to introduce to cryptocurrency. Because they relied on media. Most medias give q negative impression to bitcoin. And people tend to believe in it. Instead of making a research. It's like they're being controlled by media which is very disappointing.
member
Activity: 238
Merit: 38
From the feedback I get hen I try to explain to people about BTC, I think a lot of people are just bent on not taking it in. Even though I show to them my history since iv been on BTC, they still don't buy it. What I resolved is not to try too hard. You either take it or you leave. I have almost nothing to loose. BTC will grow, with or without them.

We aren't talking only just about the bitcoins price here. Anyway people don't tend to move towards the things they don't understand, they will rather go and shoot for things that are familiar to them. Because if they look other things they see it as an obstacle because then some new knowledge need to be developed. They have like an invisible wall in front of then that is stopping them from entering, they don't need to invest as bitcoin is seen even as high risk investment but they should at least be aware of it's existence and understand some basic principles behind it.
full member
Activity: 476
Merit: 108
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?

Surprisingly only a few individuals understand, those are the ones whom by
chance already have encountered some familiarity with the said terms. To
add it up, a lot are usually skeptical about the whole idea, either they were
misinformed or mistakenly misunderstood it the other way around. The best
approach i have is to resort in a simple and basic analogy and engage simple
conversations. I bring them down to a level where it's comprehensible enough
to grasp. But it's entirely up to them, if they develop an interest it's easier to
make them fathom cyrptocurrency matters.
member
Activity: 252
Merit: 71
When I'm explaining people about cryptocurrency some of them don't understand especially to those who's slow learner and have no interest in bitcoin but some can easily get what I mean about crypocurrency. But if I will continue to explain about that maybe all people will understand about the cryptocurrency.
I have some experience and I think it is the most difficult thing to explain to a old fashioned person because I think cryptocurrency is a new world and the people of 20 century and not even ready to accept it. Even to the people of our are not understand it and think it is a big scam or bubble which can burst at any time.honestly not easy to explain to them, only a few of them can understand but they are look not interested about that.. they are more trusting offline job more than online job..
newbie
Activity: 238
Merit: 0
From the feedback I get hen I try to explain to people about BTC, I think a lot of people are just bent on not taking it in. Even though I show to them my history since iv been on BTC, they still don't buy it. What I resolved is not to try too hard. You either take it or you leave. I have almost nothing to loose. BTC will grow, with or without them.
full member
Activity: 135
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?
I think they do because when ever I tried to explain to them about crypto currency I would put up an example like Fiat,
I would tell them that the crypto currency is just like Fiat and if they ask me about the market I would just tell them the exact same thing,
I would say that it is like buying a dollar and waiting for it's price to go up then sell it when it rise up.
member
Activity: 224
Merit: 10
I love Beauty
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 people want to know me what is Bitcoin.I talk about foreign exchange.We can say Bitcoin earnings is the same thing in dollars.We can think about what the dollar is.Why do we use dollars.What comes from the dollar.People are easily understoodBTC Smiley Smiley
full member
Activity: 255
Merit: 100
https://burst.money/
No. Even me at first, I didn't understand it right away. It's like I am talking to a person with different language. I do not understand it all. So when I am now the one teaching, they are also like me. So in order for you to understand fully, study by yourself. Do not just depend on what others says. Do your own research.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
When I'm explaining people about cryptocurrency some of them don't understand especially to those who's slow learner and have no interest in bitcoin but some can easily get what I mean about crypocurrency. But if I will continue to explain about that maybe all people will understand about the cryptocurrency.
When I have knowledge about bitcoin I explain to my friends about it, at first they don't understand how its works and how to do it, but later on after I explain to them again and teach them about bitcoin they will understand now. And now they also using bitcoin like me, sometimes when we see each other, we talked about cryptocurrency.
newbie
Activity: 210
Merit: 0
Only some of them understand.But only few of them like to enter the crypto world.So when I'm telling them I gather some videos from youtube from the history,value ect.I gave those to understood people and increase the present age of "Entering to crypto world".I continuing this since from the 2 weeks.
newbie
Activity: 33
Merit: 0
its hard to tell other people about crytocurrency , not all are interested. but if someone have interest they will research about it . even you explain it very well but if they dont have interest its useless.
sr. member
Activity: 677
Merit: 250
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?
it's also hard to explain to people about investing with bitcoin because of their lack of beliefs with something gained from the internet but to explain with what we get from bitcoin maybe they can understand and understand
sr. member
Activity: 1344
Merit: 261
If you explaining to the person's that you want to teach or to the person who are interested to learn about cryptocurrency make sure your explanation is good and your details is complete because if you cannot show or prove to them they will not listen to you and they will think that you are dishonest person and dont waste your time to the people who don't listen to you just waste you're time if there's a person who really want to know all about cryptocurrency
full member
Activity: 197
Merit: 100
Honestly speaking,They don't understand.If you are explaining to them its just like when you are a student and you don't know what the teacher say,and you are looking at them then there dreaming of something and they look so happy after you ends explain everything and they said ok,i understand..It is just like that.They are hanging,loading.
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