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Author Topic: Is cryptocurrency so difficult to understand  (Read 7197 times)
Tszone
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September 02, 2018, 05:36:26 PM
 #61

For beginners, understanding cryptocurrency can be a bit difficult and tricky. It’s advisable to read articles and books that are cryptocurrency related till the knowledge kicks in.
Svelto
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September 02, 2018, 05:41:56 PM
 #62

It is not easy to accept new technology, but it shouldn’t be too difficult since you are targeting young people. Just a suggestion, take more time to explain the basic of crypto, start with how bitcoin works, wallet and perhaps demonstrate a payment via Bitcoin.
Xenoph0bia
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September 02, 2018, 06:03:10 PM
Last edit: September 02, 2018, 06:14:58 PM by Xenoph0bia
 #63

Nothing is difficult to understand if those people are willing to learn new technology. Remember, It's difficult to train old dogs with new tricks. Then, you just select those who are interested to earn in crypto.
Well dogs are animals, they do not have high IQ level like the human being. Psychologically speaking, humans can learn fast even if they are to get trained again. They will grasp the content quickly. Added to that, I believe it is hard for someone to change his point of view regarding something. But if you know the methods to do so, then he automatically will change it. It is all related to how you deliver the message through the use of words and expressions. The crypto field is not that hard to fathom. You just need to make some researches and you can use your background skills to analyze on your own.
Initially it will be complex but after you spend some time then you will definitely enjoy it as it will be very simple to use.You must require some basic knowledge about cryptocurrencies in order to use them.Cryptocurrencies are an easy way to earn a lot of money as they give good amounts of returns in a shoter duration of time.Cryptocurrencies are also good for investment purposes too.Cryptocurrencies require hardwork and time then only you can earn money from it.
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September 02, 2018, 06:05:43 PM
 #64

Well, it's hard to understand more for older people. Of course they have to start learning, if not, it's no use saying that it costs them but they do not even try to get it
Mister1k
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September 02, 2018, 06:18:35 PM
 #65

Initially it will be complex but after you spend some time then you will definitely enjoy it as it will be very simple to use.You must require some basic knowledge about cryptocurrencies in order to use them.
why you feel difficult to find in explaining the bitcoin to others there are people created many articles and videos in YouTube. I recommend you to find the rise and rise of bitcoin.

This is so the only video I believe that it will be useful for the people who want to learn buddy.
cosmicart
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September 02, 2018, 06:21:00 PM
 #66

There's nothing difficult to understand in cryptocurrency, all you need is researches, put your head down and you would understand perfectly.
AjithBtc
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September 02, 2018, 11:59:12 PM
 #67

At the beginning it'll be hard to accept, as everything is completely virtual. Once an user has begun to experiment the risk associated will be understood and some leave it. One who withstand the risks trusting its growth has made good through cryptocurrency related activities. Also it needs some sort of technology related knowledge without which it'll be like a myth.

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September 03, 2018, 12:17:23 AM
 #68

Well, in the grand scheme of things cryptocurrency is several orders of magnitude more complex than what you would discuss in typical day-to-day conversations. You have to remember, many people (typically older ones) don't even understand how to use a computer, they don't use credit cards and they certainly don't understand how blockchain works. You have to get them to understand the fundamentals before moving them onto more complex topics like blockchain.
clairdelune
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September 03, 2018, 12:50:06 AM
 #69

Crytocurrency is not difficult to understand. There are many tools that you can use yo understand and study it. You just beed to know the basic of cryptocurrency for you to earn and you must also know how to deal with the prices cause it is very important thet you know how prices in the cryptocurrency work for you to earn. If you do not know how prices work then you will lose what you have invested. Then you should check the review of the coins so that you will Know if the coin is good to invest or not.
bigblackdeck45
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September 03, 2018, 01:04:52 AM
 #70

For me the basics of cryptocurrency is really not that difficult to understand. I am no expert in cryptocurrency and I never planned to reach that status but when I started with cryptocurrency it was not that hard. All I did was read and research about it and I figured it out, what it is and how it runs. That is why it is so important to study first before diving into things.
Corsor
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September 03, 2018, 01:07:07 AM
 #71

Well the basic of it is easy to understand, just like how to send ethereum or bitcoin from wallet to another but we didnt consider the gas price of it. Then we came to a conclusion that we need to deepen our learning about this crypto so we can make advantage of its fullest extent, but that will become harder and harder.
IndigoRed
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September 03, 2018, 01:24:00 AM
 #72

I don't think we should underestimate society when it comes to technology. We've done well so far, right? We've adopted smartphones, we're learning to use virtual and augmented realities and we're never too shy to buy the latest gadgets and apps that we know, will be beneficial to us. I think the same goes for crypto. People will eventually learn it and embrace it. Society's smart enough to not refuse such a revolutionary thing, right?
Skydreamer19
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September 03, 2018, 01:33:07 AM
 #73

so hard to understand because it is cryptocurrency we do not know and it is not already be explained in many and you just know some interesting.
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September 03, 2018, 01:36:07 AM
 #74

As a typical user that has no background on IT or any computer-related courses, I can barely understand a lot from its technicality. But the amazing part is that smartphones and pc are complicated too but I can use them so we just need to practice these people on using it so they can familiarize it very easy just like what I did.
chrisnewsome
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September 03, 2018, 02:59:47 AM
 #75

I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.

Cryptocurrency is difficult to understand for people who have little knowledge on technology and its components, especially in cryptocurrency. For those people who have access to better education and technology, cryptocurrency is so easy to understand. Also, the instructors, mentors, and teachers of cryptocurrency also plays a vital role in teaching the art of cryptocurrency.
SilverCup08
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September 03, 2018, 05:11:22 AM
 #76

The best way to make people understand is to use layman terms. They won't understand it if you use technical terms like volatile, scam, investment, trading etc. Just say it's like the usual money but it's not physical but it's digital. Transactions are done thru the internet. Just like that.
Rituvohra01
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September 03, 2018, 05:25:56 AM
 #77

First of all it is difficult to understand but if you studied it day by day you can understand it in better  way.In a very  simple  way you can say that it is digital.
mathtoughfat
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September 03, 2018, 05:35:12 AM
 #78

For the people who are not a fan or do not accept the digital finance world or not fully accepting the constant change when it comes to the digital age, yes it might be a little hard but not impossible. Using simple terms and using situation in explaining what crypto currency is and it's benefit I suppose it would be easier to understand.

Ahimoth
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September 03, 2018, 05:46:21 AM
 #79

I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.


For me, the difficulty to understand cryptocurrency depends on the willingness of the person to know about cryptocurrency. If you really want to know crypto you will understand it easily.
Personally I don't have a hard time understanding crypto currency and the very first time I got an idea about it, crypto currency just caught my interest. Well I think not all of us have the same understanding as mine and I know we're all different. What I'm saying is my point of view and that crypto currency is not that hard to understand.
CryptoCClendon
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September 03, 2018, 05:49:22 AM
 #80

Not at all, just get your self a good crypto mentor
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