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Author Topic: when you try to explain people about cryptocurrency do they understand?  (Read 3547 times)
coinholic
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February 09, 2018, 11:05:27 PM
 #341

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?
This is not something to wonder about. Trying to explain something that is quite technical and complicated to someone who has not a glimpse or the slightest bit of idea of what you are talking about would be too much to absorb. Hence, all the information are undigested. It will take more than a single discussion about crypto for this person to get even a slight grasp of the system (generally...). Expectedly, he wouldn’t comprehend about 85% of what you have explained. Best thing to do is just give these people some basic info regarding crypto and leave it there. If he wants to know more then elaborate a bit. But do not go to the extent where you try explaining everything to a wall or tree, if you know what I mean.

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February 09, 2018, 11:45:04 PM
 #342

Ordinary people dont understand from the first time, but it seems they see cryptocurrency interesting.
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February 09, 2018, 11:49:48 PM
 #343

I usually direct them to a video I found on youtube. It does a great job explaining the general idea how it all works.
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February 09, 2018, 11:58:57 PM
 #344

I experienced the same thing but with the help of some youtube channels on cryptocurrency, friends are able to understand as time goes on. it needs time to understand this and people get confused the first time. And one thing I have realized is that if the person is eager to learn about it, it is easy for them to understand than trying to convince a friend to buy crypto.

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February 10, 2018, 01:56:17 AM
 #345

Yes they understand while i am explaining about the cryptocurrencies because i don't go with complicated explanation and only simple and very easy to understand. I tell them that the cryptocurrencies are digital money which is like the fiat currencies that we are using but it is only in the internet but the good thing is, they are advanced and very futuristic and have a lot of things to expect like more secured environment.
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February 10, 2018, 11:09:19 AM
 #346

ryt
i agree with u
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February 10, 2018, 11:33:10 AM
 #347

They find it hard to understand because some of them have no interest in it and if a person don't have interest in it no matter how good your explanation was  they still don't understand it.
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February 10, 2018, 11:43:09 AM
 #348

Personally, I have been sharing about cryptocurrencies over the past year to the mainstream, relatives, and close friends. There is a lot of question that comes up, I feel the curiosity is strong. The problem is the cryptocurrency is a rare thing, speculative assets. A new revolutionary economic system. And The problem comes up, many people didn't believe the untested and young economic system, and not all the people have to understand the technologies, so I found a bit hard in term of technologies about how promising the technologies of BItcoin.
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February 10, 2018, 11:49:12 AM
 #349

No, eventually they dont understand it in one night or in just one session of explaining it to others. Mostly those who have'nt experience in crypto so they dont have any idea. But me i dont have any idea before what us crypto but they by day of exploring i eventually used with the flow and understand it. Experience is the best teacher i guess.



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February 16, 2018, 10:55:47 AM
 #350

Yes, I told many to someone against someone who does not mind, so here 50 to 50%.
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March 01, 2018, 10:01:45 AM
 #351

I started investing since 2 years ago was very afraid but the profit came just a week after investing I was delighted.
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March 01, 2018, 10:19:23 AM
 #352

Most people i explain about bitcoin, can be a little more understanding because basically they are asking to me. They want to try to invest in bitcoin, but they still don't understand the structure and how it works, so they ask to me because has long joined cryptocurrency. In fact, many of my neighbors already know about bitcoin, but they are still hesitant to join using bitcoin. Everything changed when my neighbor was astonished because I became rich suddenly. And after that many neighbors who came to my house just to ask about bitcoin.

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March 01, 2018, 10:19:34 AM
 #353

Yes they simple understand explaining for posting bitcoin discussion and always participate to the campaign is simple to understand. One of my friend is a junior member now he is happy that he have known this industry and about bitcoin. Wise Explaining can convince your friend relate in the update situation they will easy to understand.

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March 01, 2018, 10:27:26 AM
Last edit: March 02, 2018, 05:48:33 AM by mylyn2327
 #354

It depends to the people who you talk to, if that person is interested surely he will understand it. But if you were explaining to people who's against or not interested in crypto, no matter how hard you explain they won't mind you. Like when I tried to explain about crypto to my friend, she just nod and said okay, end of conversation.  Unlike to my brother even it took us a lot of time I know he understand me because his interested.
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March 01, 2018, 10:40:16 AM
 #355

There are people don't understand what cryptocurrency.  This word is very new to those who are not well versed in the new technology.

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March 01, 2018, 08:10:21 PM
 #356

Not all understand bitcoin and want to perceive information about it, so I never start explaining cryptocurrencies myself, usually only interested people ask me about it. And they understand.

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March 01, 2018, 08:30:27 PM
 #357

People do not always understand me when I talk about bitcoin, so I have to explain for a long time what it is and how it works.

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March 01, 2018, 10:02:13 PM
 #358

If they are intelligent they understand the concept and you can explain a lot of the fundamentals behind Bitcoin to them. If they are not intelligent, it is terribly hard to explain and carry the conversation so it depends on who you are discussing with.

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March 01, 2018, 10:04:14 PM
 #359

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 yes some know,

understand and support is different, people are diverse, ignore if they dont do, continue with those it works,

regards

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March 02, 2018, 04:08:08 AM
 #360

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?

If you try to explain the peoples who have 0 knowledge about cryptocurrency, yes you will take some time.
but try to show them the cryptocurrency it self, not only explain but you can show them this community.

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