How to explain Bitcoin to Newbies

[Hippocrypto]

There's a lot of link about Bitcoin for newbies. If ever you can't find even just one, you can also search it through the internet since all the information you want to know about Bitcoin is already in the internet. You can also  give him youtube videos or google links that explain about crypto. Because from the story itself we know what your friend aim, is to get a lot of money from crypto. The same as what I did before, and the reason I learned a lot is because I worked hard to educate myself about cryptocurrency. If he was really interested, then he would look for the information little by little.

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[ropyu1978]

I think there are a lot of beginners who don't understand how the bitcoin investment system works because to explain something about the world for beginners it's very difficult where they don't understand the ins and outs of bitcoin investment where the price tends to go up and down so with what has been invested today this, we can't say it will be a good result, especially for people, because of course everyone, especially beginners, want to get instant success like what has been achieved by miners who have been in the world for a long time.

[Prince Malik]

Bitcoin and crypto can be explained in few words for the one who want to understand, but for the one who want to invest and get involved is really complicated, as you can see there is alots of traps in the crypto world and every newbie can fall into one of them easily so a newbie is always vulnerable, You will need alots of time to explain what is a crypto project and how we can no the legit ones and how to avoid scammers and will also need to give example for each case for sure

[UmerIdrees]

Bitcoin and crypto can be explained in few words for the one who want to understand, but for the one who want to invest and get involved is really complicated, as you can see there is alots of traps in the crypto world and every newbie can fall into one of them easily so a newbie is always vulnerable, You will need alots of time to explain what is a crypto project and how we can no the legit ones and how to avoid scammers and will also need to give example for each case for sure

The other day i was explaining about bitcoin to my friend but it took a lot longer than i expected to tell him the basis. He had so many questions and each question needs a bit of explanation. I thought telling anyone about bitcoin would be easy but this is actually not the case. You need to have a patience with all the questions newbies have about bitcoin.

[Ebede]

At this point of time newbies don't  have learn bitcoin in any form, were bitcoin can be learn is many such as social media, through bitcointalk community you can learn perfectly through it, secondly YouTube videos is the another area bitcoin can be understand full, so other ways to understand bitcoin is many

[Anonylz]

I wouldn't know how to put it in a simple term for a beginner to get it without much confusion, because in my case, I discovered btc and crypto in general on my own with constant research and reading online,
For a newbie to quickly grasp and understand btc, there must be a willingness to research personally, it will make whatever explanation given by someone else to sink in quickly,
Am not a good teacher hence the emphasis on self research which is the best approach to understanding btc and crypto easily.

[bitzizzix]

Now this is a digital era and almost everyone uses a smartphone which in my opinion must have expertise in finding information or something they want by using the internet on their smartphone.
and I mean if they want to learn or know bitcoin seriously they will definitely use their smartphone to help them find the information or knowledge about bitcoin they want, and if any newbie wants to learn or ask me just give the link basic knowledge and so on about bitcoin, and most importantly he is not lazy to read and is serious about working on it because the results will be good if there is effort and willing to study seriously.

[TribalBob]

First you have to explain the risks if he join? enter in bitcoin transactions where many unexpected things will happen for example fraud, prices drop , you may explain it first before you explain what is beautiful about bitcoin

after he understands you teach about how to deposit, trade and withdraw
besides that you also give your friends a video tutorial on youtube about what bitcoin is and how it works

[Yamifoud]

I wouldn't know how to put it in a simple term for a beginner to get it without much confusion, because in my case, I discovered btc and crypto in general on my own with constant research and reading online,
For a newbie to quickly grasp and understand btc, there must be a willingness to research personally, it will make whatever explanation given by someone else to sink in quickly,
Am not a good teacher hence the emphasis on self research which is the best approach to understanding btc and crypto easily.

It doesn't matter if you are a good teacher or not, even without a teaching background could be able to explain it but the problem is how to make it simple and so it was very easy for the listeners to get the idea and could also be easy to understand. In fact, even most of us here don't actually understand clearly and many were still in doubt.
However, learning won't just take a single day, a single session nor do we just rely on one source. But with the help of the internet makes these newbies gain additional idea and information as well.

[dezoel]

There isn’t really much a lot of things to talk about when you’re introducing Bitcoin to them. First I believe they already know that Bitcoin is used for transaction, and for investments as well.  So, now they already know the basic use for Bitcoin, it is now up to you to explain to them how to make use of these cryptocurrencies, and how they can invest in it. You have to explain to them the best wallets to make use of, and the best exchanges that they can use fortrading in the market.
 
For the wallets that they are going to make use of, I am going to recommend that they have both a hot wallet and a cold wallet. A hot wallet is an online wallet, while a cold wallet is one that stores your cryptocurrencies offline. There are lots of hot wallets that they can choose, and as for cold storages, they can choose wallets like Ledger nano S or Trezor. Then as for the best exchanges that they can make use of when they want to trade their crypto currencies, I would recommend that they start with exchanges like coinbase.com or binance.com.  this exchanges will be easier for them to navigate, because it’s easy to understand and use.

[ReiMomo]

There isn’t really much a lot of things to talk about when you’re introducing Bitcoin to them. First I believe they already know that Bitcoin is used for transaction, and for investments as well.  So, now they already know the basic use for Bitcoin, it is now up to you to explain to them how to make use of these cryptocurrencies, and how they can invest in it. You have to explain to them the best wallets to make use of, and the best exchanges that they can use fortrading in the market.
 
For the wallets that they are going to make use of, I am going to recommend that they have both a hot wallet and a cold wallet. A hot wallet is an online wallet, while a cold wallet is one that stores your cryptocurrencies offline. There are lots of hot wallets that they can choose, and as for cold storages, they can choose wallets like Ledger nano S or Trezor. Then as for the best exchanges that they can make use of when they want to trade their crypto currencies, I would recommend that they start with exchanges like coinbase.com or binance.com.  this exchanges will be easier for them to navigate, because it’s easy to understand and use.

As of now those who ask about Bitcoin, must be aware of crypto currencies at least to a percentage. What they do expect is, how the bitcoin is earned, where its stored and how the earned bitcoin can be exchanged into local currencies for usage. Other than this, now a days mostly people like to invest their money in purchasing bitcoin. So they require the best exchange and the way to purchase the same.

[MinoRaiola]

There's a friend about Bitcoin last 2 years who have no interest in it but I was surprised when he came to me last week to tell me what he need to know about Bitcoin. I asked him why the sudden change of heart, he told me about the testimony he hear from someone and how he would have made enough profit effortlessly.
…

That's exactly it ... trust. Your friend trusts you and you show him how Bitcoin works. The first decision is trust. If people had more trust in Bitcoin, millions of people would buy More BTC because the Blockchain. The network is perfect and cannot be manipulated in theory. If you trust a bank, you can blindly trust the blockchain..i think the blockchain technology is perfekt. After the financial crisis in 2009, everyone should be skeptical with banks.

I think it is trust! Ledger says: Vires in numeris

[Dr.Osh]

Now this is a digital era and almost everyone uses a smartphone which in my opinion must have expertise in finding information or something they want by using the internet on their smartphone.
and I mean if they want to learn or know bitcoin seriously they will definitely use their smartphone to help them find the information or knowledge about bitcoin they want, and if any newbie wants to learn or ask me just give the link basic knowledge and so on about bitcoin, and most importantly he is not lazy to read and is serious about working on it because the results will be good if there is effort and willing to study seriously.

agree with this. The internet is the greatest source of information. if he really wanted to know about bitcoin from people, they would most likely direct him to the internet. whether it's from videos or from articles, everything is already available there.
however, some people sometimes want instant explanations, and easy to understand. well, it's the same as wanting to continue to be fed. however, if he was really serious, he would really seek information regarding this. if it were me, I might explain the risks first, then provide a reference to find out more about bitcoin.

[mm2543363580]

IMO there is no better way to explain Bitcoin to Newbies other then by giving them a practical demonstration of how bitcoin works. Just demonstrate them how with bitccoin one can receive funds instantly, from anywhere in the world, without any cuts and at any time of the day. This will give them a fair idea of what bitcoin is. Other then that you can keep explaining to newbies and there is very little chance that they will get the real meaning of bitcoin.

[Doell]

now simply quoting from the forum what is bitcoin and on what basis people want more bitcoin and how does it work ,it's already on the forum all of that! I will divert to this forum with a myriad of useful knowledge for him to reading ! I used to explain face to face many of them didn't believe it ! so right now I don't want to bother explaining with foaming mouths let them read what has been in this digital world's ,If there are further questions what they don't understand I can immediately put them into practice then they will understand faster ! it's better to read first

[bitzizzix]

now simply quoting from the forum what is bitcoin and on what basis people want more bitcoin and how does it work ,it's already on the forum all of that! I will divert to this forum with a myriad of useful knowledge for him to reading ! I used to explain face to face many of them didn't believe it ! so right now I don't want to bother explaining with foaming mouths let them read what has been in this digital world's ,If there are further questions what they don't understand I can immediately put them into practice then they will understand faster ! it's better to read first

What forum do you mean, to be clearer because there are many bitcoin or crypto forums and this forum includes Bitcointalk, I think it would be better if a beginner knows and understands what bitcoin is and how it works first on the internet, after reading it on the internet because it will be easier to understand. and moreover when they read it they can read it in more detail and also thoroughly.
because there are many links that explain what we need in detail, and when they know the basics, suggest going to the forums to develop their knowledge for the better which I think that way will be more effective and that way they can understand what they read or discuss in the forum and not confused.

[SmokerFace]

The following are good -
1. Show them articles the explains how bitcoin work.
2. Tell me in person how to make transactions and regarding blockchain.
3. Tell them about this forum if they want to get legit information about bitcoin.

[Quidat]

now simply quoting from the forum what is bitcoin and on what basis people want more bitcoin and how does it work ,it's already on the forum all of that! I will divert to this forum with a myriad of useful knowledge for him to reading ! I used to explain face to face many of them didn't believe it ! so right now I don't want to bother explaining with foaming mouths let them read what has been in this digital world's ,If there are further questions what they don't understand I can immediately put them into practice then they will understand faster ! it's better to read first

What forum do you mean, to be clearer because there are many bitcoin or crypto forums and this forum includes Bitcointalk, I think it would be better if a beginner knows and understands what bitcoin is and how it works first on the internet, after reading it on the internet because it will be easier to understand. and moreover when they read it they can read it in more detail and also thoroughly.
because there are many links that explain what we need in detail, and when they know the basics, suggest going to the forums to develop their knowledge for the better which I think that way will be more effective and that way they can understand what they read or discuss in the forum and not confused.

For sure he do talks about this forum because this had been the main bitcoin forum among all and this is the best place on where a newbie would be wandering around yet you could really get various informations which you do really need for you to learn up things on crypto space
even though even watching video on youtube would really be that enough as long you are really that passionate on learning up things and wont really be having that laziness overcome you then learning isnt really that hard as you think.

[Ebede]

The following are good -
1. Show them articles the explains how bitcoin work.
2. Tell me in person how to make transactions and regarding blockchain.
3. Tell them about this forum if they want to get legit information about bitcoin.

The two points you mentioned here is absolutely good, because forum can expatiate very well about bitcoin when concentrate with seriousness and secondly article's is online readings or online research when someone that dont know anything about pay attention to read bitcoin online at when someone is explaining bitcoin to the person physically it will understand very fast.

[Doell]

now simply quoting from the forum what is bitcoin and on what basis people want more bitcoin and how does it work ,it's already on the forum all of that! I will divert to this forum with a myriad of useful knowledge for him to reading ! I used to explain face to face many of them didn't believe it ! so right now I don't want to bother explaining with foaming mouths let them read what has been in this digital world's ,If there are further questions what they don't understand I can immediately put them into practice then they will understand faster ! it's better to read first

What forum do you mean, to be clearer because there are many bitcoin or crypto forums and this forum includes Bitcointalk, I think it would be better if a beginner knows and understands what bitcoin is and how it works first on the internet, after reading it on the internet because it will be easier to understand. and moreover when they read it they can read it in more detail and also thoroughly.
because there are many links that explain what we need in detail, and when they know the basics, suggest going to the forums to develop their knowledge for the better which I think that way will be more effective and that way they can understand what they read or discuss in the forum and not confused.

I made a statement on this forum ,it's clear I will redirect newbies to this forum for them to read and learn ! you're like a newbie who doesn't know the contents of this forum by referring to a search on the internet ! I'm self taught without a teacher and know bitcoin from 2012 but internet articles or the like have little content ,so I don't grow on the internet or some articles ,2016 I joined this forum and understand more with a lot of information, it's complete!
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