Is cryptocurrency so difficult to understand

[bagas79]

In my opinion, what makes them difficult to recognize cryptoccurency is not the currency but rather the technology. Because most people who want to plunge into the crypto world they find it difficult to learn the technology, such as blockchain technology. Even though we don't have to know the technology but what we have to know more is the market of the crypto.

[damsix]

It's the same with me, if I teach parents to trade cryptocurrency instead.
But in the end the old people felt confused and dizzy to learn every stage and finally they gave up all of their cryptocurrency trading to their youngest children around 20 years.

PS: "I don't invite them to trade on cryptocurrency but those who want to trade"

[Zyarifa]

For crytocurrency beginners it may be very difficult to understand but if you continue to learn and ask many friends who have been crypto for a long time sooner or later you will understand it yourself

[Kyoshiro]

Understanding cryptocurrency takes time to be on work. Reading might be helpful but in case if profits, it would be very beneficial. It's difficulty expands on how you put your effort in spending time acquiring the knowledge it can give. Eventually by time, you'll learn how it works unexpectedly.

[Gorka]

Yes! Reading is profitable. Guys I have red very interesting article. you might be interested. they give some tips about how to change life by cryptocurrency and also what is the best to do when prices are low: https://medium.com/@CoinDeal/what-can-change-during-one-month-coindeal-answers-b19791fe3b99 [nofollow]. I found it very usefull.

[spark]

I don't think it's too difficult to understand cryptocurrency because so far when I explain crypto to my friends, they can get the point of cryptocurrency. They don't need to understand about how the mining process from the start until the end, they don't need to know how the distribution of the crypto, they don't need to know about how good the project for each coin. They only need to know about how they can buy the coin, how they can save the coin, and the other thing that they might to know is how they can make more money from the crypto.

[Bobcrypto]

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.

Yes friend, there is a beginner guide to cryptocurrency understanding, and i think you should start by asking some useful questions in teaching people. For example, you can start by asking these few questions:
1.Where did cryptocurrency originate?
2.Why should you learn about cryptocurrency?
3.And what do you need to know about cryptocurrency?
Now, if you begin with these few tips, i think in my opinion, your listeners may get a better understanding about cryptocurrency. Thank you.

[fulled]

its not, many source out there to help us understand about cryptocurrency, we just need to focus when studying about crypto

[verifyme]

Actually Cryptocurrency is easy to understand if we already have extensive knowledge and knowledge about the Cryptocurrency. If for beginners it might still be confusing and could be very confused to understand it. Therefore, before actually doing business in it, you should first study the crypto world well and widely, so as not to trouble you someday.