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Author Topic: Is cryptocurrency so difficult to understand  (Read 7150 times)
spadaccino
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September 23, 2018, 08:05:04 AM
 #821

Did you understand the credit card system ? I mean if you really want to digging in what going on after you entered your pin you can really be focus because there are a lot to understand. But as user you simply go and pay at the casher and do not worry about anything at all ( if you have funds on your credit of course ). As simple as that works for crypto. But if you are referring to its price I gotcha: nobody can really know what behind the scene right now with all the big investors and FUD happening because it's nonsense to me. However it will stabilise sooner o later, so we can talk - and then start using it everyday like we are used with credit cards.
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NelfiNovita
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September 23, 2018, 08:12:27 AM
 #822

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 it is difficult to understand cryptocurrency because we will not know the sign that the price will go up or down, therefore we are encouraged to read all this information so that we can be alert if the price will go down. because to be able to understand the world of crypto is to read, regularly reading will make it easier for you to understand the concept of crypto.

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September 23, 2018, 08:19:51 AM
 #823

What makes cryptocurrency or bitcoin difficult to understand is willingness and confidence. those who want to understand and are sure to benefit through crypto or bitcoin will surely say it's easy to understand crypto, and those who don't believe in crypto will definitely say crypto is difficult to understand.
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September 23, 2018, 08:51:32 AM
 #824

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.

Its true, its not too difficult understand about cryptocurrency, more difficult understand about crypto market movement. We can get knowledge about cryptocurrency in many website and this forum but getting understand about making profits from our trade is more difficult

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September 23, 2018, 09:43:28 AM
 #825

At first it was very difficult for me to understand how the market works, how to make money with cryptocurrency. But over time, it became clear. I learned many forums, communicated with different investors, and thus increased my knowledge in bitcoin. If you have a desire and great interest in cryptocurrency, it's not difficult. Spend more time in forums dedicated to cryptocurrency, don't be afraid to ask questions.
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September 23, 2018, 09:56:45 AM
 #826

It's really difficult to undestand cryptocurrency but it will become most difficult in understanding it when you didn't not reading about it or you're being lazy reading about it but when you are a good listener and when you are not too slow to understand things this will be easy for you to understand but on the other hand there is some other FUD here in cryptocurrency don't be foolish that will be fooled on them try to have some friends for you to be able to understand it easily
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September 23, 2018, 10:21:03 AM
 #827

After taking off Bitcoin in December 2017, huge masses of people poured in Kriptomir, not realizing neither the principles of work, the mechanism of creation and not realizing how it all exists, only to them it brought money. So today we see so much panic and weeping from these newcomers.
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September 23, 2018, 10:53:15 AM
 #828

Did you understand the credit card system ? I mean if you really want to digging in what going on after you entered your pin you can really be focus because there are a lot to understand. But as user you simply go and pay at the casher and do not worry about anything at all ( if you have funds on your credit of course ). As simple as that works for crypto. But if you are referring to its price I gotcha: nobody can really know what behind the scene right now with all the big investors and FUD happening because it's nonsense to me. However it will stabilise sooner o later, so we can talk - and then start using it everyday like we are used with credit cards.

It is the same as emails and making your own website by coding at first it is really difficult to understand but the more you invest time and fully comprehend what you are trying to do you will realize that it isn't.
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September 23, 2018, 11:23:16 AM
 #829

When I first started learning about something. It will feel very difficult. But the habit and time will help us get to know everything. And the crypto is the same. Regularly reading the daily crypto news will help you understand the concepts of crypto more clearly.
Yes your right at first it so hard to understand, just continue reading and searching all the information about in bitcoin it will help to understand and gain your knowledge about the true meaning and concepts of bitcoin.
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September 23, 2018, 12:01:42 PM
 #830

Talking from my experience Yes it is very hard to understand about crypto currencies especially when it does not have any fixed set of rules. Reading a lot of forums and investments have helped me understand a little about it but still I feel I do not have any idea about the capabilities of  a infact just few currencies.
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September 23, 2018, 12:05:55 PM
 #831

For me cryptocurrency is a source for money. You has not to understand  how it works you has to take money from this. It is te same with electric lamp - I am sure you use electricity but maybe you dont understand how it works
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September 23, 2018, 03:28:59 PM
 #832

When I first started learning about something. It will feel very difficult. But the habit and time will help us get to know everything. And the crypto is the same. Regularly reading the daily crypto news will help you understand the concepts of crypto more clearly.
Yes your right at first it so hard to understand, just continue reading and searching all the information about in bitcoin it will help to understand and gain your knowledge about the true meaning and concepts of bitcoin.

Well it starts with that. Interest and curiosity. Then as you learn more, you get immersed in all the information and possibilities. It's not just about making money but we're looking here at an innovation. And i'm sure everyone will realize this in time.

 
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September 23, 2018, 03:39:56 PM
 #833

You need to show them your way in crypto world. If you are a trader, then show your profit. If you are investor - show your successful projects, and so on.

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September 24, 2018, 02:55:26 PM
 #834

 Definitely yes,It is not so easy bitcoin to know we need study because they related about money if you dont know how to transanct it might be loosing your money.just avoid  loosing it and be sure that is perfect.
Well its depend, if someone have no interest then surely its difficult for them to understand cryptocurrency but if someone have interest to crypto then she will do anything just to learn and understand crypto. Everything can be learned as long as they have eager to know it, and even its easy or difficult to understand if someone really want to learn something then she/he do just to learn it. And since we are now more in technology, it easy for us to know something to internet by searching what we want to know.

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September 24, 2018, 03:04:47 PM
 #835

In my suggestion, you can make them understand what Money is, and why we use fiat as a currency, you should tell them that we use fiat as a Money because all of us already accepted and deal to use it. They should understand that currency is a thing which we accepted to do transaction with it. And it can be anything even it is a digital thing like bitcoin.
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September 24, 2018, 03:23:03 PM
 #836

The continued growth of crypto by promoting concentration and industrialization. Regular users can not expect to become a professional trader without great investment, as well as certain technical knowledge and experience.
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September 24, 2018, 03:31:48 PM
 #837

for apprentices, understanding the market top, hard top, delicate top, coursing supply, guide or crypto minning stream graph to get to the hands of the purchasers, is exceptionally troublesome. I likewise still think that its hard to comprehend the stream outline about the minning way to the bitcoin supply available. be that as it may, for financial aspects, crypto hypothesis is really the same as other monetary offers.
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September 24, 2018, 03:33:53 PM
 #838

Talking from my experience Yes it is very hard to understand about crypto currencies especially when it does not have any fixed set of rules. Reading a lot of forums and investments have helped me understand a little about it but still I feel I do not have any idea about the capabilities of  a infact just few currencies.
At first, it is very hard to understand especially when you are the only one who’s studying it. But if you will pay attention on it, it could be easier for you to understand it.

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September 24, 2018, 04:10:33 PM
 #839

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.
From the word currency it can be spent or can be invested same as fiat but in a digital form since we are already at the new era.Bitcoin can be used in doing transactions using gadgets smartphones,laptops,computers or tablets anything that accesses internet.
Anyway just let them do some research about it bevause these would probably help them understand more on bitcoin and cryptocurrencies existence.
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September 24, 2018, 04:19:00 PM
 #840

Yes,  it's quite difficult even I have suffered a lot to learn it
That is why the people are getting confused but if u learn it than u r going to earn it
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