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Author Topic: when you try to explain people about cryptocurrency do they understand?  (Read 3547 times)
ManaMan
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December 31, 2017, 09:21:04 AM
 #281

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.
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zenrol28
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December 31, 2017, 09:35:36 AM
 #282

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.

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December 31, 2017, 09:37:10 AM
 #283

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.
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December 31, 2017, 10:08:49 AM
 #284

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.
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December 31, 2017, 03:16:42 PM
 #285

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
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December 31, 2017, 03:23:53 PM
 #286

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.
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December 31, 2017, 03:55:46 PM
 #287

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.
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December 31, 2017, 03:58:45 PM
 #288

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.
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December 31, 2017, 03:58:50 PM
 #289

of course they do not understand, for them it is not possible to buy with other things than the dollar
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December 31, 2017, 04:37:27 PM
 #290

Let's see
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January 02, 2018, 01:30:30 PM
 #291

It has nas not been easy, some people just say sorry it's so complex, I just developed a headache, Lol. It does give me joy telling people about crypto currency, and how they should take the opportunity early.

To understand people about bitcoin. Now it depends on you. How you explain it to them. It is better to tell them that i obtain more profit from bitcoin. They will don’t believe you because nowadays people are afraid from digital trading. Someone take their money. They fear to invest. So in order to far that fear. You need to explain them about bitcoin step by step.

Not show them only yourself that i am profitable from bitcoin. Show them the whole community stock exchange about bitcoin. They will then understand better.
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January 02, 2018, 02:47:35 PM
 #292

At the beginning of crypto currency I don't understand everything. Actually its depends on how I help someone to understand this crypto currency. I explain someone about crypto currency as I learned. Actually its needed time to understand cryptocureency.
Noilee
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January 04, 2018, 06:09:50 PM
 #293

Well at the beginnings its not so easy to explain to the people about crytptocrrency, especially to those who don't have any idea about bitcoin. When i try to explain they get interested because they want really also to invest in bitcoin. So its a great feelings that there are some people also appreciate and believe in bitcoin. The importance is you try to explain to the people and it was a good result that they understand already, and you share your knowledge to them about bitcoin.
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January 20, 2018, 06:49:44 AM
 #294

when I am trying to explain to other people about cryptocurrency, sometimes they understand but often they do not understand it that's why it is so hard to explain how bitcoin work in other especially to the person who has no background about cryptocurrency, it is good to discuss bitcoin to those who are willing to invest and of course to those who are experience other cryptocurrency.
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January 20, 2018, 07:00:32 AM
 #295

Maybe they understand a bit but not the whole explanation. Its up to them if they are interested in knowing about cryptocurrency. If they are interested, they will spend some time into researching about it. If they don't help themselves, it will be hard for them to know all about this concept

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Lorin
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January 20, 2018, 07:06:16 AM
 #296

When they ask me about cryptocurrency for the first time,they hard to understand it easily actually like them its hard for me to understand when it was introduced to me. at the beginning you cannot really know how to do it,so to make easy for them to understand i give them example and some videos that shows what is and how it can be done.I also share my own experiences.
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January 23, 2018, 04:26:10 PM
 #297

First time i explained to the people about cryptocurrency, its really hard to explain to people, because they don't have any idea. But one thing we can do is we give all our patience so that they could really understand more the bitcoin. But because of determination to share my knowledge to those people it will success because they have already learned a lot. Even if its not easy to explain the important is that we convinced them.
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January 23, 2018, 04:46:34 PM
 #298

Some of my friends understand it but the others are not what i would say about cryptocurrencies. Im giving them example for what i experience before. On trading in campaign how i invest to bitcoin and how i get my profit so far.  So that they can imagine and catch they interest to it.

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procopiapao
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January 23, 2018, 05:11:35 PM
 #299

I explained to them what it is and how but since I am not so knowledgeable of it and just starting, maybe they don't understand me. And also a factor why they don't understand me is that, they are not interested.
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January 23, 2018, 06:00:12 PM
Merited by ace4549 (5), MetalBall (1)
 #300

In my experience, some understand and some use it as a laughing stock. Maybe they just can't believe especially it's price itself.
Or maybe they were just to narrow minded that they can't adopt to the progressing crypto currency.

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