Is cryptocurrency so difficult to understand

[jonaire99]

It always difficult for the first timers to understand even the basics of cryptocurrency so you have to persevere in learning if you want to become knowledgeable in cryptocurrencies someday. Newbies who to invest or invest in cryptocurrencies must also themselve first on how the virtual coins works. Cryptocurrencies are always risky so you have to be prepared first before investing on it.

[visionE2]

so much people who think that crypto is same as e-money. I think for ordinary people it is difficult to distinguish cryptocurrency and e-money, because they think both are the same thing. cryptocurrency is decentralized, while e-money is only a change of form from cash to electronic money and it is still centralized because still regulated by the state

[Lomberjack]

When it comes to first timers, or beginners, it is hard for them to understand when learning new things. Even us, we came to that situations where we find things difficult to understand when we are new to it. Cryptocurrencies are not difficult to understand when you are very interested in it. You can learn and understand everything in crypto by experience. Having an experience is the easiest way to understand cryptocurrencies easily.

[Crafts12]

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 hard to analyze if you aren't interested at all. People who doesn't have determination to know it better and deeply will not get easily the concept and system of the cryptocurrency like bitcoin. However, educating yourself in the mechanics of it will be easy if you are willing to learn very small detail of it. You could have fun while doing so because having an interest and determination to learm something will be a great help understanding it.

[ngano ba]

Crypto currency is not really hard to understand , but first before you join or go for investing about cryptocurrency ,you should be able to gather the much needed information about cryptos ,its concepts ,its way of business ,and its activities, by the time you are in you will be familiar and minized mistakes.

[omone1]

For one to truly grasp Cryptocurrency, they must be prepared to learn, I have come to realize you can't force anyone to learn about Crypto. My friend is yet to catch the vibes even though she sees me do it all the time.
One way to get them started is to show them how to convert bitcoin to fiat via any easy exchange and ensure they are easily able to withdraw to their local bank account. From here their interest should be sparked. Getting them to understand the simple steps in receiving and sending bitcoin and cashing out to their bank account is primary. All others can come up as they get curious.

[dewi91]

Yes not easy to understand about crypto because they are not familiar about it. Crypto is really different than fiat, we can't see and touch crypto, crypto also can't be used everywhere like fiat. We should show to them what we can get from crypto and make them interested about it so they will try to learn about crypto.

[Al Muhaimin]

yes to me you can say that, I am still confused with the flow of crypocurrency

[Kamote_1102]

Nowadays, there are many ways to learn and understand new things. If you really want them to understand the cryptocurrency, let them watch some videos about it. I'm sure there's plenty of videos that you can find explaining what is Cryptocurrency all about. It's the easiest way to help them understand.

[Naughty Princess]

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.

Let them know the basic for it not become harder for you to explain everything for them to understand. They have to find ways to understand more about it by searching on the internet. Do not let them to be spoonfeed by you. Understanding things depends on how they interested on it. You earn from it, invest and gain profit for them to believe that what you are saying is all true. We are living with traditional way but now technology change and we have to embrace that change for our own good.

[Samal isabella]

There are so many wings of Bitcoin. like trading , bounty , ICO and so on.
In that sense its difficult

[lunafreya nox]

No it's not, the use of technology is really usable especially today because there's nothing impossible to know and to learned. If you really want to understand cryptocurrency you should know first what is it then study everything about. Just like that. It's seems very difficult to understand in the first place but if you put see hardwork on knowing it you'll get what you want.

[BlockchainGod]

I think they should start by looking at the blockchain and how it works technically. When they understand how it works, they will immediately understand the essence of cryptocurrencies. IMHO

[teehaa]

Cryptocurrency is intended to give you the privacy of cash, without central control and inflation, and usable online. many people cant set up a bank account because they couldn't provide or verify their identity. people could also transact even when there is no bank service in their country.

[minhlee95]

It is difficult to understand if you have no interest in cryptocurrency or you just came here to earn easy money.  It is necessary to study a large amount of information from different sources. Then you will be given an easier understanding of bitcoin.

[Firefox07]

It is difficult to understand if you have no interest in cryptocurrency or you just came here to earn easy money.  It is necessary to study a large amount of information from different sources. Then you will be given an easier understanding of bitcoin.

Agreed. If love what you are doing it will become easy. But if you are close minded people it will be truly hard for you to understand what is cryptocurrency. And i think we should present cryptocurrency in other people is an easy way to understand so that they can cope up easily.

[Tiger Baseball]

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.

It is very difficult to be able to explain crypto to those who are laymen, but in fact it does not need to be forced, what you do should learn with people who already know about technology. Let them be busy with fiat money and they will not bother what you do with Crypto.

[drukoz2]

It has never been difficult for me to study cryptocurrency, because I have always been very interested in this field of activity, I took it as a hobby. And spent much time on the forums. And I think I'm pretty good at this stuff.

[Indai24]

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.

It is very difficult to be able to explain crypto to those who are laymen, but in fact it does not need to be forced, what you do should learn with people who already know about technology. Let them be busy with fiat money and they will not bother what you do with Crypto.

For me it's very easy to understand if you are willing to understand as to why and how is it going to work. We really can't force everyone to be part of it.

[royalparade01]

I think cryptocurrency is easy, just like fiat, you try to explain with the parable that crypto currency is a fiat currency, because in this way they will understand what cryptocurrency is faster

Yes I agree it is easy but sometimes it's difficult to understand but if you really want them to understand the cryptocurrency, let them watch some videos about it. I'm sure there's plenty of videos that you can find explaining what is Cryptocurrency all about.