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Author Topic: Is cryptocurrency so difficult to understand  (Read 7150 times)
finzyoj
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October 07, 2018, 06:58:13 PM
 #1061

The impression of most of the people outside the crypto world is that, cryptocurrency is a scam and mainly used by fraudsters. So the first approach is to debunk that notion before you even go further to explain what crypto is all about.

Well it is true that crypto is difficult to understand,  for the new generation it is easy to adapt in whats the in demand right now but for those who are living without internet,  who do not have social life are the one who are hard to please and give chance  for bitcoin to understand.

Some of the time those who have lack of knowledge spread false rumors to have colleagues in doing panick selling. But the main things to understand bitcoin is when to hold,  what we should do in some cases we will encounter and of course never lose hope that everything will be okay .



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October 07, 2018, 07:49:21 PM
 #1062

Well not really just like any other field of business has its rules and regulations cryptocurrency investment has its rules and guides which you need to know before you can start engaging in all sorts of trade and other things relevant to crypto.

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October 07, 2018, 08:22:22 PM
 #1063

Crypto is only as complicated as you make it. Do you need to be able to understand economics or how the monetary system works in order to be able to use it? Absolutely not.
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October 07, 2018, 11:53:22 PM
 #1064

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.
Maybe at first you can even feel hard to understand the wallets of coins but if you are interested to know more about crypto because you are interested to earn you will feel easy as you will understand the content and details of coins and their projects on how to play wisely in the market of cryptocurrency.
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October 08, 2018, 09:31:45 AM
 #1065

I still do not quite understand the many nuances about how the miners process the calculations and how these results of the calculations fall into the blocks. And many other things. But I don’t think that I don’t understand how Bitcoin works.
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October 08, 2018, 10:18:10 AM
 #1066

I still do not quite understand the many nuances about how the miners process the calculations and how these results of the calculations fall into the blocks. And many other things. But I don’t think that I don’t understand how Bitcoin works.
 I think crypto is very difficult to understand for those people who are lack of wisdom and not shown any aspect of interesting on how to penetrate in the world of crypto. But for those who are eager to learn the strategy about the currency will take it easily to understand.
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October 08, 2018, 10:44:31 AM
 #1067


maybe we can use a way to hold seminars on a regular basis, so that people can better understand the meaning of bitcoin itself and so on. and they can feel the nuances of questions and answers when they feel they have difficulty playing bitcoin. with frequent seminars, hopefully they can be smarter and memorized and become rich people.
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