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Author Topic: Cryptocurrency is too complicated  (Read 1727 times)
Onanana
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March 16, 2019, 07:18:31 AM
 #141

Indeed it is, I also find myself dumbfounded when I start studying cryptocurrency, and yes it's frustrating and exhausting trying to understand how it all works and how can you start earning money, the process, and procedures, together with the precautions to take. Still, time will come when you'll get the complexity of the system, the volatility of the market, how ICO's work and crypto mining. So int telling you right now to invest in Bitrus (BTRS) for it can help you a lot with your struggle because this award-winning trading platform is designed to help novices like you, with their interface and tools that you can familiarize yourself and utilize to manage your altcoin assets.
alberdina
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March 16, 2019, 07:25:38 AM
 #142

This might be quite complicated because the cost for customers is also not small. Transaction costs are very high and sometimes there are still problems or not running smoothly. And there is still a lack of security that ensures that customers can feel safe in making transactions.

Twinscoin2017
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March 16, 2019, 08:07:01 AM
 #143

Crypto is not really simple it is all about gaining and lossing and sometimes people will feel that crypto is really complicated.  But I think it is all depend on our own strategy and ways of understanding about it. Maybe we can earn on crypto if we are going to fucos and understand it anytime.
futuristishe
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March 16, 2019, 08:14:58 AM
 #144

Cryptocurrency itself is not very complicated. And sometimes quite simply. The difficulty lies in the transactions. After all, you need to make more than one transaction to get to the exchange or withdraw money from the exchange to your account. And of course it is difficult to understand the support of the coin that would understand whether the price will hold or not
bitcon
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March 16, 2019, 09:32:19 AM
 #145

I don't think that cryptocurrency is complicated, before going into cryptocurrency you have to much about it. When you have known  what you are support to have known  in cryptocurrency, you are good to go.

For me, it is not complicated as well. I remember, when I started to deal with Bitcoin, I thought that everything would be very difficult. In reality, when you learn more about crypto, you understand that it is easy.
agusiska
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March 16, 2019, 09:38:38 AM
 #146

you got the point, everything in this world is so complicated, on crypto, too many ico project with too many risk on them to put your money, but sometimes crypto can making you rich in no time.

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jolle123
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March 16, 2019, 10:03:03 AM
 #147

The cryptocurrency is very disturbing in these days because of the uncontrollable crypto market so every day we're out of sync with the risks that may occur. It would be better if we remain positive and calm to make our decision very seriously and that we will not make a mistake in our decision because of this situation is hard earning money so we should be wise.
tenakha
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March 16, 2019, 10:13:17 AM
 #148

Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
If they are looking for easier ways, why not blockchain? Anyway, now they do not want to believe this reality, but they will be obliged in the future. The use of paper money in the developing world will not be appropriate.
marjil
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March 16, 2019, 10:47:11 AM
 #149

Crypto is not really simple it is all about gaining and lossing and sometimes people will feel that crypto is really complicated.  But I think it is all depend on our own strategy and ways of understanding about it. Maybe we can earn on crypto if we are going to fucos and understand it anytime.
This is best method. In ways to understand the cryptocurrency everyone must look at the informations avaialable to make the best of the crypto and get all the profits. This is for everyone not just the seniors but all involved.

ChiNgadOr
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March 16, 2019, 10:52:32 AM
 #150

This difficult way to access and manage your assets, plus the proliferation of scams, are hindering the mass adoption.. Otherwise, we would be in another scenario. Nowadays i dont think a 1% of the world population own cryptocurrencies.. but this will change some day  Grin

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wenwen
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March 16, 2019, 03:34:15 PM
 #151

A huge variety of different ICO projects are being created. These projects attract huge amounts of investors. Why can't I make a mobile app ? Which can be used by anyone. No industry at the moment does not need it. Or it is very difficult to popularize the cryptocurrency after very negative information and the departure of a large number of participants in the crypto industry.
Cianix
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March 16, 2019, 04:48:28 PM
 #152

I don't think that cryptocurrency is complicated, before going into cryptocurrency you have to much about it. When you have known  what you are support to have known  in cryptocurrency, you are good to go.

For me, it is not complicated as well. I remember, when I started to deal with Bitcoin, I thought that everything would be very difficult. In reality, when you learn more about crypto, you understand that it is easy.
I think it is with all technologies that come to us , at first it is difficult but with time of course everything becomes very easy !

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naruto7676
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March 16, 2019, 04:55:25 PM
 #153

I do not think it's because I see that cryptocurrency is getting better and has a high price altcoins and so is the btc. The crypto situation is much better today than it has been in the past year due to cryptocurrency due to lack of investors and there for that year increased scammers.
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March 16, 2019, 05:45:01 PM
 #154

you got the point, everything in this world is so complicated, on crypto, too many ico project with too many risk on them to put your money, but sometimes crypto can making you rich in no time.
From the very beginning, everything is complicated, the main thing is constantly learning something on the market and in time you can find it in the cryptocurrency a gold vein

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trudovik
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March 16, 2019, 05:50:04 PM
 #155

The difficulty increases only for those who are beginning to understand the code. In general, the smart contract code is in most cases very standard and is written in Solidity for ETH tokens. It is not so difficult. The complexity of the economics of projects is also not complicated, so I am sure that you just need to try to make an effort.
Lumberjack1935
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March 16, 2019, 05:54:25 PM
 #156

It's complicated because there's a lot of expectation about pricing, but it's interesting at the same time because it allows you lots of life lessons.
TRONTON
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March 16, 2019, 06:19:03 PM
 #157

you got the point, everything in this world is so complicated, on crypto, too many ico project with too many risk on them to put your money, but sometimes crypto can making you rich in no time.
From the very beginning, everything is complicated, the main thing is constantly learning something on the market and in time you can find it in the cryptocurrency a gold vein
indeed there is nothing easy in the crypto world, there are many unexpected things there,
but if we want to learn to understand the development of crypto we will be able to easily make choices
5ensei
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March 16, 2019, 06:22:51 PM
 #158

When you throw in the KYC requirements it becomes almost impossible for newbies and technology challenged people. Even the ATM machines have camera's built in, it really needs to become so easy that you can pick them up at the supermarket for mainstream adoption to happen

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March 16, 2019, 06:24:23 PM
 #159

The necessity of taking care of your own private keys and having nobody else to help or save your ass in case you fail is frightening for many people.
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March 16, 2019, 06:50:08 PM
 #160

It's complicated because there's a lot of expectation about pricing, but it's interesting at the same time because it allows you lots of life lessons.
Life lessons you get are not due to cryptocurrency, but cryptocurrency can make them 2-3 times more painful)


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