Is cryptocurrency so difficult to understand

[rhenrhen]

Cryptocurrency might be difficult to understand if and only if you will not put attention to it. Or maybe if you're not really into it. The term may be new to all of us but it's not hard as everybody anticipates it is. You will learn a lot of things out from it most especially savings and income.

[iv4n]

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, In first yes it is diffult to understand you need more Patience to understand each process and steps.But once you get it you easily do transactions and payment.Imagine you dont need to fall in line in an hour just to pay your bills even you is in you home you can pay on it.You need to read more about crypto to understand it.

Most comments here are off-topic, what that says? Most people here don`t understand crypto, they just wish money! Same is with fiat, go out and ask people who print fiat, who issue rates, why bread have one price today and different price tomorrow. People don`t understand how things works, they only wish to use them for their wishes. You don`t need patience to understand something, you need to heat the chair and learn, learn and read, and to question everything. Don`t take nothing granted, ask more learn more and like that you will understand how something work. Look at this comments here and you will see that people don`t wish to understand, they wish 1 bitcoin and worth of that bitcoin to be high so they can spent it, ask people on the street and you will see it`s the same, people wish dollars for spending in their pockets, they don`t care how monetary economy works. And it's explained, many times but people don't wish to spend time reading and learning, so it's a waste of time to explaining again, they will continue to the same. Who wish finds a way, who don't wish it find an excuse!

[yakust]

It's all about the people who explains and the way how the y do that. In their depth cryptocurrencies are complex technology fusion but it all can be presented in the simple way.
For instance single bitcoin transaction can be simply explained as a money transfer. But going deeper in details it is more likely to be a control rights transfer.
So it is not about ownership or posession but more about government. When someone explains it, it's simple.

[1NV3ST0NM3]

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.

Yes it is definitely difficult to fully understand the cryptocurrency market. There are so many things that make this market work like blockchain, mining, and much more. So understanding all of this needs a great deal of time and a strong commitment from the person. I mean the person himself should be willing to learn about this market. You cannot force someone to understand this market.

[terbetet]

It's actually not easy on the start due to the terms and technology involved but as time goes on with high percentage of dedication and willingness you are able to get the concept right making the rest interesting for you to learn. Also I think it will also depend on the one mentoring you.

Really hard when youre a beginner, you always ask your friend or mentor on what your going to do or how to do it. For those who will invest in crypto, i suggest to get your own mentor, or simply read some articles about cryptocurrency, how it works and how to invest on it.

[Akpuv]

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 not difficult to understand for those who are open minded and are very willing to venture into the new technology. You simply need to make little research about it online and in some forums such as this.

[romantic007]

I think to understand crypto people need to know at least basics in economics and in computer science. Without that it's really hard to get how crypto works, but I believe that step-by-step learning can help anyone.

[Digixhub]

In earlier days as people used to do transaction by cash mode only. So, it was difficult for them to adopt the new transaction method i.e. net banking. Same is the case for internet. Cryptocurrency is like internet used to be in 90's. Because of lack of awareness it is difficult to understand what actually cryptocurrency is. But one can get to know more about cryptocurrency if a person is a quick learner and willing to learn about this. https://www.digixhub.com/

[pooja1982]

Tough time never last but tough people do. So nothing is difficult and impossible in this world to keep in mind I think cryptocurrency can be understand but we have need to read all updates and news regarding it. In starting it is difficult to understand the way of transactions and payment system of cryptocurrency. But with the help of crypto expert its make easy to understand.

[angchosenone]

Truly, it is difficult to see likewise in the event that you don't have any learning about it. In any case, you know folks, on the off chance that you have the assurance to realize what cryptographic money is and in the event that you will learn, it makes simple for you on the grounds that as long as you need or you adore what you are doing, things will wind up less demanding.

[royalfestus]

The understanding of cryptocurrency is more practical. When I was introduced to crypto I was scared because of the trending ponzi scheme, the vulnerability of internet to scam and hack was also a scare to many, both learned and illiterate. The most important and risky part is the purchase of coin and saving in wallets or exchange wallets.

[FloraMullan]

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.

I personally think that second hand information isn't always sufficient; however; first hand is. What this statement implies is "read it yourself" "do it yourself" and you will understand it better. Don't rely on anyone to teach you since you might not even get it; the same situation happened to me several times.

[ParveZ219]

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.

Its not difficult but the more you indulge yourself in this world of cryptocurrency the more you will learn about cryptocurrency.

[Motokonomo]

You have to avoid debating with them, it will only waste your time, there is no specific method to deal with them unless you give them real proof so they come with high curiosity to you, and ask personally what is crypto and how to join?

[bajarang8668]

Yes, it is difficult to understand cryptocurrency basically who not technically background. But those people technically background they understand cryptocurrency fast and also a lot of Ponzi scheme in cryptocurrency new people not aware that.

[wiro 212]

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 not difficult to understand crypto if we have a positive mindset. The most important thing is that we have the will to understand crypto and the belief in crypto.

[Serious Miner]

Generally, Cryptocurrency is not so difficult to understand. But for a newbie, it is a little difficult to understand. So we say that at first, it is very hard to understand especially if you do not have enough knowledge about cryptocurrency. You have to read and read about crypto. When I join in crypto, I had not enough knowledge about it. But after reading and watching videos about cryptocurrency I finally understood. It is true that crypto world is complicated but once you understand it then you will become successful in the future.

[Usafstar]

Analysis of crypto is difficult but it is easy to understand that many of the legends in this forum can guide you for every thing whatever you want and we can say that crypto is the best way to make money and to promote the online job market in the world now you can hire most talented person for work in the world and you can pay them the bitcoin or other crypto. I like to use crypto to hold crypto and to motivate others for crypto so now crypto is easy to understand.

[market-beta]

That's right bro. In my opinion, the world of bitcoin is very difficult to understand, bro. both from the system up and down and to learn to read charts when it will fall and when it will rise

[ubay]

Of course learning something from the beginning is difficult, but we must still try it because science is everything. Likewise in the cryptocurrency world, we have to learn a lot in order to be successful here.