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Author Topic: Uneducated people join Cryptocurrency?  (Read 3177 times)
papasmurph
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July 18, 2018, 04:03:07 PM
 #661

Can possible uneducated people join the Cryptocurrency?
Have one condition he have enough balance to trading. So what do you think guys?

If you mean, someone who is not familiar enough with the crypto world to start trading, the answer is yes. But the question is, is it worthwhile to put his money into something he does not understand? Because even if you have experience with trading in standard financial markets, the crypto market is different.

In my opinion, before someone decides to invest in something, he must be well aware of what he is doing, or he will just spend some time and eventually lose his money.
If I correctly understand the question, that's my opinion.

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1714990178
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trobbert
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July 18, 2018, 04:04:10 PM
 #662

It is a big problem. because anly a few of them are educated enough to gain money, not to lose. If they lose, so they leave crypto and think that it is a scam in general.
Such attitude negatively influence on sphere
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July 18, 2018, 04:10:46 PM
 #663

Can possible uneducated people join the Cryptocurrency?
Have one condition he have enough balance to trading. So what do you think guys?
it depends, but I think yes, you know, even uneducated people can become successful if they have passion on what they are doing. they will work hard on it if they want to learn how to do it.

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July 18, 2018, 04:22:04 PM
 #664

Every one can join but cant survive long till get education about related field,If any one illiterate and join crypto it is necessary at learn learn to write and read and the basic knowledge about crypto otherwise no way to survive more in crypto. Knowledge is power and without knowledge you cant reach your goals.
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July 18, 2018, 04:32:34 PM
 #665

Can possible uneducated people join the Cryptocurrency?
Have one condition he have enough balance to trading. So what do you think guys?
Its not about joining...I dont think you will say you have joined dollars...Same bitcoin is a currency...Everyone can have...And everyone will go there only where profit and money will be...So everyone is going to invest in bitcoins and trading it.
AnCapFree
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July 18, 2018, 04:44:10 PM
 #666

there are no problem with uneducated people in the  crypto world. If you are an educated investor, you should be happy with them because you can earn money from them. they are easy to sell in panic and you can buy their crypto with low price.

Ibas samara
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July 18, 2018, 04:46:06 PM
 #667

everyone can join.
the most important is the desire and persistence to be better and of course to get profit. because of experience or even failure, a person will get the knowledge that can change the way people are trading.
Kamote_1102
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July 18, 2018, 04:53:51 PM
 #668

Yes, they can. Being uneducated is not a barrier or a hindrance to a person to join cryptocurrency. I believe that there are a lot of Uneducated people who already joined the cryptocurrency. though they may find it hard at the beginning, with the right attitude and perseverance, they can learn all the things they need to know about cryptocurrency.

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July 18, 2018, 04:54:13 PM
 #669

If you do not have enough knowledge in this regard, you will lose if you invest in the crypto market with the ideas of others. That is why every person has to research himself. Doing business by trusting others is risky.
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July 18, 2018, 05:13:44 PM
 #670

Can possible uneducated people join the Cryptocurrency?
Have one condition he have enough balance to trading. So what do you think guys?
They can, but if they start trading right away, they will lose money. There are a lot of courses on trading on the Internet, nothing prevents people from learning first, and then trading.
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July 18, 2018, 05:16:12 PM
 #671

I think it's true that there are many of them.. No doubt about there working capabilities but in case of education they are lacking behind. The telegram groups of different bounties and threads are the ideal place to find out them.
silverleafy
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July 18, 2018, 05:19:02 PM
 #672

Can possible uneducated people join the Cryptocurrency?
Have one condition he have enough balance to trading. So what do you think guys?
They can, but if they start trading right away, they will lose money. There are a lot of courses on trading on the Internet, nothing prevents people from learning first, and then trading.
That is the right answer. It is not problem when they buy Bitcoin and store it on some wallet. but problem is that they try to trade Bitcoin. All of them long Bitcoin and after first dump they started to panic and left crypto forever.

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July 18, 2018, 05:24:14 PM
 #673

Well of course they can. There isn't any minimum requirements needed to join the crypto markets. Everyone is free to join and there is also no minimum amount required to invest in the markets. That's the beauty of a decentralized network where anyone is free to do anything they see fit.
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July 18, 2018, 05:26:40 PM
 #674

They may have been here for a long time already. Bitcoin unites people of different views. Of course, basically there are specialists of different spheres, but gradually the rest come here
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July 18, 2018, 07:32:44 PM
 #675

Uneducated people use ordinary money at the moment. Therefore, I see no problem in order for these same uneducated people to use crypto currency. I think that this will not be a problem.
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July 18, 2018, 07:34:17 PM
 #676

Of course, such people can join this business, but since they do not have enough experience, they get a lot of risks, but we all learn from mistakes
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July 18, 2018, 07:49:18 PM
 #677

It's an interesting one, education is not needed, but i also read an article about this last week.  How will Cryptocurrency reach massadoptation with it's inherent difficulty, it's not that easy.
Computerknowledge for one and let's be honnest when i get into transactions i always just ever so slightly hold on to wood and still make mistakes.  
Decentralised Cryptobanks will be a solution, already plans for companies to join one in Malta and Switserland, for individuals will surely follow.  
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July 18, 2018, 07:53:41 PM
 #678

I think any people must have possibility use cryptocurrencies. Else crypto will not for mass but for geeks only. And this is dead end because any alternative for fiat must be mass adaptive for popularity
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July 18, 2018, 07:54:54 PM
 #679

Having been uneducated does not mean he or she should stay uneducated.
Can start educating him/herself by researching and studying about the cryptocurrency.

Do a research on ICO that you are interested and follow the information instead of intuition.
Yes, the risk is still there but it will reduce the risk significantly compare to following your intuition.

For example, I have invested in an ICO called MediBit because of their well thought out concept which is innovative and needed but also actually feasible in real life.
And their solid team with experiences of successful previous ICO as well as a good whitepaper.

They just announced major news that they are now working with Korean exchanges to launch the ICO and it is confirmed that they will be listed on the Korean exchange and available for trade as soon as ICO ends.

Here are some links if you are interested.
Bitcoin Talk: https://bitcointalk.org/index.php?topic=3219242.0
Telegram group: https://t.me/MediBit_EN
akbarals9425
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July 18, 2018, 08:03:04 PM
 #680

it's the main balance if you do not have a balance like where we join in the crypto I think there is no special laden full of its main balance that was ,, want from among the blind or what if they have a balance yes they have joined

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