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Author Topic: Is cryptocurrency so difficult to understand  (Read 7148 times)
shanghai
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September 21, 2018, 06:08:24 PM
 #801

The crypto market is very long and wide and it is not easy to understand. It is for that reason that many investors need to learn the knowledge and experience before stepping into this market.
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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Soulfly34
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September 21, 2018, 06:15:49 PM
 #802

the criptocurrencies are not simple. Often projects are very complicated and often invents without knowing anything. I think that once the blockchain mechanism is understood, it is necessary to study the details of the project thoroughly before investing any money
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September 21, 2018, 06:23:23 PM
 #803

the criptocurrencies are not simple. Often projects are very complicated and often invents without knowing anything. I think that once the blockchain mechanism is understood, it is necessary to study the details of the project thoroughly before investing any money
Cryptocurrency is not difficult to understand, but if you are beginner it is normal that at first your will find difficulties to understand with something that you don't know or not familiar with and it is alright what matters is how you are willing to put time for you to learn new things on your own, since there is no reason for us not to learn from it as it is available in internet.

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September 21, 2018, 06:39:26 PM
 #804

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.

First you have to educate them on what the internet really is. In simple terms The internet is a telecommunications network that uses telephone lines, cables, satellites and wireless connections to connect computers and other devices to the World Wide Web.

Secondly, now make them understand this, the internet can be leverage when it comes to money transaction and that's where cryptocurrency comes into play. As the internet connects computer to computer that means the sending of money can be done through the internet with less time from the comfort of your bed. Go on to explain that on like others means of transferring money on the internet cryptocurrency is different because of her decentralized features. You can gone break down the decentralization feature (via explanation) for better understanding.

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mendra_2009
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September 21, 2018, 06:50:21 PM
 #805

Cryptocurrency will be very difficult to understand for people who don't want to understand and never try to start cryptocurrency. As for those who want to understand and want to try to start using cryptocurrency, it will not be difficult to understand cryptocurrency and how to transact in cryptocurrency. If we want to make others understand and are interested in investing in cryptocurrency, the best way is to prove ourselves capable and successful in ctyptocurrency, by seeing the success gained through cryptocurrency, I am sure it will be easy for us to teach others and make them involved in cryptocurrency

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September 21, 2018, 06:50:28 PM
 #806

If you put in an effort and try to understand it is not so hard, as everything else. It just depends how interested in a subject you are.

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September 21, 2018, 07:02:33 PM
 #807

If you meant the technology then yes, cryptocurrency technology is so hard yet once you master/know it, it would be really good and really benefical if you know it because you can make something with it and you maybe get something from it.

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September 21, 2018, 07:27:16 PM
 #808

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.
based on what I experienced, it's better now if you just give a site link or an explanation video about what is cryptocurrency, because if you only explain in your words, the thing that is feared is that you don't explain in more detail until the most important part. so if he/her (your friend) is interested he/her will try to find references that can add more knowledge...

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September 21, 2018, 07:32:32 PM
 #809

Yes it is for the very first time takes time to be understood but if you do have the passion to learn then trust me it will be in less than no time for you to understand every procedure that is needed in cryptocurrency
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September 21, 2018, 07:42:05 PM
 #810

I tried explaining cryptocurrency to a couple of my colleagues in my community but they find it hard to understand. What I did was, I opened my accounts to them, showed them the value of the coins and how it can be used to purchase things. At that point, I was able to get them to understand after we continued our conversation on cryptocurrency. 
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September 21, 2018, 07:43:48 PM
 #811

Nothin will be difficult to understand if you or they really want what they are doing and they are dedicated to it,yeah cryptocurrency is somewhat complicated but if you really wanna learn about it then you can easily find a way to study it in a more comfort way.Nothing will be difficult if you love it

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September 21, 2018, 07:57:18 PM
 #812

Anything that is not familiar to someone, difficulty arises. However, since cryptocurrency is becoming more and more popular people from all over the world become curious and start to learn something about it. It's quite normal that at the beginning there's information overload. But as time goes by and as one keeps in contact with the latest news about cryptocurrency I really doubt if he won't be able to understand the basic principles about it. We all learn from something when we are exposed to it and get in touch with it. Gradually, things will become clearer and more information and more knowledge will come in. It's just a simple process in life.
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September 21, 2018, 08:01:51 PM
 #813

Lot of side is knowing about the cryptocurrencie. First of all you need learn many knowledge. You search the new new updates,posts.because It help you understand the crypto currencies. So attentionally read more and more about crypto currencie i think  you don't mean crypto currencies is difficult,knowledge make a easy.
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September 22, 2018, 01:20:50 PM
 #814

Initially for me, the concept of crypto is difficult to understand to anyone who just heard the word. But, if you are diligent to open google and find the meaning of the word, you will understand what it is a little crypto. Over time if you are involved in many investment, mining and trading bitcoin, you'll be well versed in this crypto world. But be careful as well as nowadays many scammers use various ways to cheat us for the sake of earning money from us.
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September 23, 2018, 03:30:50 AM
 #815

i think they are not interested to it so they never give  them effort to understand it or maybe the are afraid in trying to involve with it. i hoped that Cryptocurrency is not hard to understand maybe it only depends on us if how we embrace it to our life. thanks
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September 23, 2018, 05:51:35 AM
 #816

Cryptocurrency is actually easy to understand, depending on how the person wants to know what cryptocurrency is, and has a high curiosity about cryptocurrency. With the internet we can explore information about cryptocurrency and information about other modern technologies.
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September 23, 2018, 06:17:24 AM
 #817

The person who first knows what cryptocurrency is from someone, will find it difficult to understand cryptocurrency, and if the person really wants to know cryptocurrency from time to time that person will understand cryptocurrency by digging information through the internet and other sources of information such as newspapers / magazine containing information about cryptocurrency.
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September 23, 2018, 06:56:04 AM
 #818

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.

Nafrat is not difficult to understand but you need experience to understand this I that you can gain experience of your own or find someone who is experienced enough who can give you a little bit of experience at least to enter into the key to world and then you can easily get into Crypto world.
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September 23, 2018, 07:29:30 AM
 #819

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.

Nafrat is not difficult to understand but you need experience to understand this I that you can gain experience of your own or find someone who is experienced enough who can give you a little bit of experience at least to enter into the key to world and then you can easily get into Crypto world.
I think its not difficult to make people understand as long as that person is computer literate because crypto is just like a new form of payment with beyond feature to make money and that is where people motivated to do more understanding of crypto world.

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September 23, 2018, 07:43:08 AM
 #820

No,i think this is not so difficult to understand cryptocurrency.To understand give more times,work hard.And take information from senior person those who are involve in cryptocurrency.
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