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Author Topic: Is it easy to teach crypto to beginners? How to?  (Read 599 times)
fullhdpixel
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August 19, 2024, 03:34:32 PM
 #41

Unfortunately I rarely make posts about crypto, there must be a lot of questions that want to be asked as curiosity and maybe there is also a sense of interest, in terms of responding to this I only suggest reading a lot first, providing good sources such as coinmarketcap, there they can get to know various types of crypto first and can look for other things provided on coinmarketcap and most importantly I always give direction to never put money first if you want to start investing or trading before knowing the risks
We already talked about many things related to learning about crypto with usually we need to understand few things about them in discussion, and also we need to ask many questions so it's never been easy to learn all from online stuff or having use of technology even we are currently living in era of modern technology, but we still need to go ahead and having communication and talks which give us better view about things, and we can solve many problems as well.

I am personally having good experience of setting things with discussion and having view from others as well so for the learning and having knowledge about anything works better in talk and discussions instead of using technology because it's nature of human, and we need to stay with this instead of going to live like robots.

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bastian466
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August 19, 2024, 05:57:39 PM
 #42

Unfortunately I rarely make posts about crypto, there must be a lot of questions that want to be asked as curiosity and maybe there is also a sense of interest, in terms of responding to this I only suggest reading a lot first, providing good sources such as coinmarketcap, there they can get to know various types of crypto first and can look for other things provided on coinmarketcap and most importantly I always give direction to never put money first if you want to start investing or trading before knowing the risks
We already talked about many things related to learning about crypto with usually we need to understand few things about them in discussion, and also we need to ask many questions so it's never been easy to learn all from online stuff or having use of technology even we are currently living in era of modern technology, but we still need to go ahead and having communication and talks which give us better view about things, and we can solve many problems as well.

I am personally having good experience of setting things with discussion and having view from others as well so for the learning and having knowledge about anything works better in talk and discussions instead of using technology because it's nature of human, and we need to stay with this instead of going to live like robots.
In my opinion, both discussions and technology should be involved, technology can make a discussion more elegant, easy to understand and the source of accuracy is clear and detailed so that listeners can more easily digest the contents of the discussion

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mdzahed134
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August 19, 2024, 07:09:41 PM
 #43

to become a professional investor must have a lot of knowledge or experience in business or trading, when someone takes action that will be done for the future, he will definitely think first before doing it and he will look for more information about the project he will follow so as not to fall into the wrong project. recently I posted about crypto on my social media account and many people asked me how to play crypto then they asked me to teach them how. can we teach them without having to meet? I think it's difficult! maybe friends here can share ways to solve the problems above.
Not only about crypto but many more things can now be learned at home very easily, because it’s a digital era, if you have android phone then you can search anything in google or YouTube and other so many platforms, no need to meet physically to learn about crypto. So many videos and articles in online, those are very helpful to gain knowledge in crypto. Also some of my friend of mine asked many times then I provided a lot videos and article.

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August 19, 2024, 08:18:53 PM
 #44

to become a professional investor must have a lot of knowledge or experience in business or trading, when someone takes action that will be done for the future, he will definitely think first before doing it and he will look for more information about the project he will follow so as not to fall into the wrong project. recently I posted about crypto on my social media account and many people asked me how to play crypto then they asked me to teach them how. can we teach them without having to meet? I think it's difficult! maybe friends here can share ways to solve the problems above.
Okay lets say that everything should be told on online aspect or medium then everything could really be Googled.
There would really be possible ways on where they could check.

-Youtube
-Forum(Bitcointalk)

Even if we do say about this forum alone on which it would really be that sufficient enough for you to tell them to hover themselves into this place
and make those learnings even more broader. The only thing that you should really be that mindful about is not to give any assurance that they could
make money into this market. Always always consider on the risks involved and never make them getting boosted up about making money with it.

Tell them about the potential scams and frauds about projects existing on which not all things that they would encounter will really be that legit.
Always stick into the main ones like Bitcoin or simply with the original of course. On the time that they will be able to accumulate sufficient knowledge
and awareness then this is the time or moment that they would consider on stepping into other field or simply broaden it up.

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August 19, 2024, 11:35:05 PM
 #45

Most of the case if you teach beginners in investment world not only in crypto, they just think because other people already got lot of profit from this investment then they would like to do the same but without any prior experience before and once they got overwhelmed with so many information from their friends and then they just give up and not even bother anymore.

If you don't have good motivation and goal in mind(not including profit) then most of the newcomers will leave really soon.

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August 20, 2024, 03:34:39 AM
 #46

to become a professional investor must have a lot of knowledge or experience in business or trading, when someone takes action that will be done for the future, he will definitely think first before doing it and he will look for more information about the project he will follow so as not to fall into the wrong project. recently I posted about crypto on my social media account and many people asked me how to play crypto then they asked me to teach them how. can we teach them without having to meet? I think it's difficult! maybe friends here can share ways to solve the problems above.

In the past, teaching crypto to beginners was very difficult where everyone who wanted to learn had to arrange time for learning meetings, now in the digital era we can easily teach online and without knowing the time. We can also use the online system as long as the beginner is consistent in learning and wants to be self-taught personally, the system is easier to teach the beginner in stages so that it is easy for him to understand what he has to learn so that everything runs smoothly.

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jasonjm
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August 20, 2024, 06:32:11 AM
 #47

to become a professional investor must have a lot of knowledge or experience in business or trading, when someone takes action that will be done for the future, he will definitely think first before doing it and he will look for more information about the project he will follow so as not to fall into the wrong project. recently I posted about crypto on my social media account and many people asked me how to play crypto then they asked me to teach them how. can we teach them without having to meet? I think it's difficult! maybe friends here can share ways to solve the problems above.

You can teach them virtually through different channels. The best option is to make a video in your native language about Bitcoin and cryptocurrency. Start with the very basics and explain everything in simple words. Recommend some websites or links you have read about crypto over the years. Mention the risks involved in crypto investment. Do not suggest any currency besides Bitcoin and advise them to go for spot trading/ holding. Warn them against future trading.
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August 20, 2024, 12:18:30 PM
 #48

Unfortunately I rarely make posts about crypto, there must be a lot of questions that want to be asked as curiosity and maybe there is also a sense of interest, in terms of responding to this I only suggest reading a lot first, providing good sources such as coinmarketcap, there they can get to know various types of crypto first and can look for other things provided on coinmarketcap and most importantly I always give direction to never put money first if you want to start investing or trading before knowing the risks
We already talked about many things related to learning about crypto with usually we need to understand few things about them in discussion, and also we need to ask many questions so it's never been easy to learn all from online stuff or having use of technology even we are currently living in era of modern technology, but we still need to go ahead and having communication and talks which give us better view about things, and we can solve many problems as well.

I am personally having good experience of setting things with discussion and having view from others as well so for the learning and having knowledge about anything works better in talk and discussions instead of using technology because it's nature of human, and we need to stay with this instead of going to live like robots.
In my opinion, both discussions and technology should be involved, technology can make a discussion more elegant, easy to understand and the source of accuracy is clear and detailed so that listeners can more easily digest the contents of the discussion

A blend of both would be beneficial for everybody involved, I may agree.

bastian466
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August 20, 2024, 06:02:12 PM
 #49

Unfortunately I rarely make posts about crypto, there must be a lot of questions that want to be asked as curiosity and maybe there is also a sense of interest, in terms of responding to this I only suggest reading a lot first, providing good sources such as coinmarketcap, there they can get to know various types of crypto first and can look for other things provided on coinmarketcap and most importantly I always give direction to never put money first if you want to start investing or trading before knowing the risks
We already talked about many things related to learning about crypto with usually we need to understand few things about them in discussion, and also we need to ask many questions so it's never been easy to learn all from online stuff or having use of technology even we are currently living in era of modern technology, but we still need to go ahead and having communication and talks which give us better view about things, and we can solve many problems as well.

I am personally having good experience of setting things with discussion and having view from others as well so for the learning and having knowledge about anything works better in talk and discussions instead of using technology because it's nature of human, and we need to stay with this instead of going to live like robots.
In my opinion, both discussions and technology should be involved, technology can make a discussion more elegant, easy to understand and the source of accuracy is clear and detailed so that listeners can more easily digest the contents of the discussion

A blend of both would be beneficial for everybody involved, I may agree.
The advantage is that we can explain something with the existing facts, because it is clearly stated on the container, so it can provide real information. Moreover, if the discussion is equipped with direct practice in the field, such as direct buying and selling practices witnessed by our discussion partners, it will make it easier to understand quickly so that it is easy to understand like I used to learn about crypto directly face to face with coworkers who always met every day in one job

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August 20, 2024, 06:11:19 PM
 #50

One suggestion is to have them create their own digital currency for free in a few minutes on Haypenny so they can start trading it with their friends.
Even me that already has adequate experience when it comes to crypto still don't know how to create a crypto, so how much more them that are a complete newb when it comes to these? Cheesy . Plus the crypto market is already saturated or polluted with a lot of junk coins. We may not want to worsen this up more by creating our own pointless cryptos. Even if let say it is useful, I think there are cryptos already that can serve the same purpose, so it doesn't make any sense creating another one.

This may not be what you want if you are trying to teach investors how to do high-end trading, but this can quickly introduce somebody to the concept of digital money.
Creating our own crypto for the sake of teaching someone about crypto trading is also a time waster and like I said earlier, there are plenty of cryptos already that can serve the same purpose, so why can't we just use them right away? Eh?

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August 20, 2024, 07:48:53 PM
 #51

Usually it's not, because it's a complicated thing in the mindset when you get into it for the long term. I am not saying the action itself is hard, you open a simple crypto exchange account, you do your KYC, then you wire some money from your bank account to that exchange, then you buy some crypto, keep it, when you are ready to sell then you sell it, then you wire money from that exchange account back to your bank account, that's it.

However, if you get into grit of things and look into when you should buy and when you should sell and how to trade and which coins to trade etc etc, that becomes a very complicated situation. The real answer is that none of us are trading with 100% success, it is not going to be possible which is why we need to learn to accept defeat time to time. Sometimes you trade and make a great profit, sometimes you trade and make a big loss, it's just part of the market and try to just be above breaking even point, that's all you can do during this market.

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August 20, 2024, 08:14:31 PM
 #52

to become a professional investor must have a lot of knowledge or experience in business or trading, when someone takes action that will be done for the future, he will definitely think first before doing it and he will look for more information about the project he will follow so as not to fall into the wrong project. recently I posted about crypto on my social media account and many people asked me how to play crypto then they asked me to teach them how. can we teach them without having to meet? I think it's difficult! maybe friends here can share ways to solve the problems above.

In the past, teaching crypto to beginners was very difficult where everyone who wanted to learn had to arrange time for learning meetings, now in the digital era we can easily teach online and without knowing the time. We can also use the online system as long as the beginner is consistent in learning and wants to be self-taught personally, the system is easier to teach the beginner in stages so that it is easy for him to understand what he has to learn so that everything runs smoothly.
Right, I can remember when I am involved in crypto back in 2016, That was time i searched about crypto and other crypto related topics but i never got good result to learn about my topics i mean when resources was not enough to learn but now this is very easy to learning about any sector, So many resources in video tutorials in online and articles.

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August 20, 2024, 09:39:56 PM
 #53

It's not hard, but there will be always people with more difficult to learn, especially depending on their age. Elders have more difficult getting used to technological matters, so you can expect to have a hard time trying to make them understand or adopting Bitcoin. Moreover, you should be careful when teaching someone about cryptocurrencies, because they might blame you later in case they end losing money somehow. First of all, you should let it clear crypto is a risky business, where prices are volatile and losses are pretty possible, mainly on short term and when investing in altcoins such as memecoins.

If they are aware about the risks and still want to take responsability for their own choices, you can go ahead and start teaching them how to invest. A basic and easy concept would be to download an exchange app, create an account and guide them through the process of acquiring their first amount of cryptocurrency. Then there isn't really nothing else they can do besides waiting and checking from times to times how their investment is behaving.

When there is further interest, you can also guide them through the process of purchasing a hardware wallet, so they can hold their funds safely, without fearing to be hacked or scammed due to the money being held in third party's hands. Step by step and through experience, the beginner will get used to crypto and at some point he will rarely need your help.

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..PLAY NOW..
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