Bitcoin Forum

It is very clear and obvious that most people do not know the difference between knowledge and understanding. There are people who have knowledge on crypto but they don't understand it. According to English Dictionary, knowledge is the awareness of a particular fact or situation; a state of having been informed or made aware of something. While understanding is the mental, sometimes emotional process of comprehension, assimilation of knowledge, which is subjective by its nature, that is to say that understanding is the application and not just application but the right application of knowledge.

It is very important to have an understanding in every thing we do because a little application of it can amount to a huge progress or improvement. Even in this forum there are people  who have general knowledge of the forum but they don't have understanding, they don't know how to apply the knowledge, that is why most people keep asking why they are not recognized and why they are not growing.

However, they both work hand in hand in order to achieve a desire dream or goal. The reason why most people don't grow or improve in life is lack of understanding, they might have the knowledge but they don't know how to apply that knowledge. Sometimes, one of the reason why we lost money and some other valuable things in crypto or some other investment is lack of understanding, even the Bible said that above all, we should get understanding.

Your post still good but e no really dey tied clearly on the point wey you dey try to make. People wey no fit grow no be say dem get knowledge about how to grow and refuse to apply it but they are just bereaved of the idea on the knowledge itself not to talk of how to apply it. To apply something, you must get knowledge about that thing, like if you get money and you want invest in cryptocurrency you also need to know and understand the coin wey you want to invest so that you fit still get profit on the investment and recover. So knowledge is important every corner wey we find ourselves but na laziness dey cause dulling because you fit research everything here too.

Bro wetin you talk here no be lie, knowledge and understanding na two different things wey most people no know, them no know say understanding dy deeper than knowledge, I say so because just as the op dy so, their are so many people wey know him in person, but na only very few go understand am, that implies to skill or job also, you fit know about crypto very well, but you fit no get the required understanding on how to navigate your way around it.

Lastly, back to the topic of discussion, those two things mentioned by the op on why people no dy grow dy very much valid no doubt, but him fail to add procrastination and lack of finance,  procrastination na a major killers of destiny, most people wey dy endowed with enough knowledge and understanding wey still remain for a level na two things fit limit such a person,  which is;

* Procrastination.
* Lack of finance

Those two things have the power to limit person more than anything else, so if you can conquer this two things above, you will definitely succeed or progress as long as you get the required knowledge and understanding in what ever job or craft you are into.

Thank you for your contribution but I didn't say people rather I said most people please don't get me wrong because there's a huge difference when you say people and most people, and when you say people you are generalizing it ( everybody) but when you say most people you are not generalizing it ( not everybody). 
Sometimes it's not about laziness but selfishness. Just imagine the country now, will you say the country don't have knowledge and how to apply it to make the country better or good, off cause the answer is they have the knowledge and they know 60-70% on how to apply it but they choose not to because of their selfish interest and that's not laziness.

Even in school the reason why most people don't pass examination it's because they lack understanding not that they don't know what lecturer taught in class but they don't understand it. They know that 2x -2=0, if you find x it will be equal to 1 (x=1) they know it but they don't know how to find it or they don't know the steps but the ability of one to find x passing through all the steps it's called understanding.
Understanding is very important even in the family because if you don't understand your spouse there will be a very big problem.

For the few things I've seen around some people don't understand what change is all about. If you can accept change then you can grow because growing and improvements requires change so why most people don't grow or improve it's because they don't know what change it's all about. First there's a level you'll get to then your knowledge and your understanding will tell you that it's time to improve, but most people don't get it because they're still living with non idea and there's nothing called changes in their mind.

Some people even if you give them a lot of money they'll still remain the same without no improvement or growth. So first what you need to know is that growing or improvements start with the heart not by the body same with change, there was a little boy in my compand he was playing very badly then his mom asking him to sit down, he sat down he responded to his mom that his seating down outside but inside him he's not. So without change there's no grow or improvement like our country will need changes first before grow and improvements 🙏.

It is impossible to mark an understanding towards what you are not knowledge about. Although you might not need a whole knowledge towards it but your ability to understand the nature of it in a quick note will attest you to obtain good results.

While buttressing the point on the Crypto, it is believed that some people do have knowledge and also acquires understanding towards the industry which is alike and similar but what brings about differences at it is the ability to implement and put the exercise on reality practices.

We are already told that any knowledge that is not practically proven is a void so whoever that claims to have Bitcoin or any crypto related knowledge and also understands how the industry works without prove of evidence is a nul.

It is not affordable to preach what you do not practice and that is just life.
And if you do not take part to invest in the crypto World then there is no possibilities to for you to proudly say you have either obtained knowledge and has also understood the concept of Bitcoin when you are not practically into the investment.
So, experience is the key that is assumed to be knowledge and understanding.

You're very correct, there's a big difference between knowledge and understanding and at the same time a big similarity or connection between the two which most of the time their meanings are misplaced.

Understanding comes from having grounded knowledge on a subject of interest and for you to have such knowledge on a subject to the extent of understanding it, you must avoid the following.

Lack interest: You cannot understand a subject you have limited interest in. Prioritization is a measure of your interest and regard of something, when something is a priority to you, you dedicate your time, energy and abilities to fully engage and record a success in it.

Limited attention: Limited Attention can come from lack of proper planning to appropriate enough time to something important, or being present in an environment that has lots of distractions, sometimes the distractions can come from within you. Your focus is needed to promote good understanding.

Lack of patience: You Need to take your time when studying a new business or activity. Patience is needed not to make hasty conclusions. This gives the user enough time and possibility of reviewing most or every important fact that would help in accurate decision making.

Hasty conclusion: jumping into conclusions without proper research and consultation is the beginning of big failures in all walks of life, that's making a decision before understanding what you're getting into. Just like deciding to  release your coins without confirming  funds yourself or placing a trade without studying the charts properly to observe the movement of the market.

laziness:  Laziness is an enemy to proactive approach to business. Laziness alone can rob you of success, it can lead to neglecting important processes or lack of timely engagement in promising endeavors. A lazy person had defeated himself already as they're filled with flamzy excuses to support their negligence of duties, funny as it may sound, overfeeding can make someone lazy and tired, hence the need to watch our feeding pattern not to fuel our laziness with it.

That's is the nature of some people's, some have so much knowledge but they're lack of understanding, and anybody that has knowledge without understanding is just like the person is still inside darkness. Because according to people's they said that understand is also a key that leads to whatever ever you want to accomplish, as u said earlier that there are some people's that have knowledge about the cryptocurrencies but their lack of understanding. And if we look at those they only be claim that their into crypto for a while but a person that begins with in a month will know in out of crypto more than him.
It mostly happen for many people's who lost much of their just because of understanding, that's we some of wealth established a business but they will go and employ another people's that can make the business move and grow better, and what causes it is that, they only have knowledge and ideal of think of the business but how can it move don't know.

Knowledge is power and authority. We have different aspects of the system, just follow up the necessary points and present promising plans for the upcoming events, involved and anticipates in legit activities to boosts your confidence of earnings. I totally understand your points, most people don't understand what it means to make sacrifice to grabbed some huge earnings. They will think it's easy until they tried it with their solidable strategies which fails, they just give up without trying again.

Reason why people don’t necessarily grow or improve: This is really personal, in the sense that a lot of people fights different battles and at such it tells on their standard of living, acting, communication and others. Most times it’s not because people are dumb or dull, it’s mostly their inability to redirect their focus and act on them thus procrastinating the process of growth.

To grow is a desired warfare that firstly involves an individual and then maybe other parties to help. What I know is that growth is personal and until a decision is made to expand, stagnation and procrastination is what fuels…
In this time, some persons will blame the economy to have deprives them the opportunities to make better themselves but, even in a difficult economy, you ought to find something to leach to for your survival.

One of the major point picked here na procrastination because my brother no be small thing wey this particular habit dey do for the life of people oo, only procrastination fit damage your entire circle of planning life and na why e dey very dangerous to procrastinate, even me wey dey talk now sef na very big victim of such habit because it's not an easy task at all to overcome am.

Plenty reasons dey o why most people no dey grow at all, and one of the reasons na because of laziness, some people no dey ready to invest to improve themselves for this life, dey just dey reluctant dey want mk MANNA from heaven fall for dem, without any dedication or stress, and is not good at all, and greasy and selfishness also follow, dem no work for anything o but na dem won take highest, that way, dem go really find am hard to improve themselves to be the best or bring out the best in them.

Though, it's true that the reason why majority of people fail to progress, succeed or grow in life is due to lack of understanding how to apply the knowledge they have got, but another thing to note is that Knowledge plus understanding, without action could also lead to one failing, because action taking has always been the paramount of all. Hence, it's advisable that that whoever wishes to succeed in life should be someone who has got knowledge, understand when and how to apply, and willing to take action at always.

However, taking this forum as an example, you will notice that of all the people who are generally respected today, they all have got something valuable to offer to the forum. Hence, success is the product of your ability to offer value where it's needed most.  

There are so many factors or reasons that makes most people not to grow or improve in life.

1. Procrastination what procrastination does is that it will be telling you to keep on postponeing what you are suppose to do at that moment like I will do it tomorrow when it get tomorrow you will say I will do it next tomorrow and by so doing time and opportunity is leaving you if not that my self I took a bold step by telling my self I must start this business today because I have been procrastinating about it for long right now the business is putting food on my table just imagine I still keep on procrastinating how will my Life be?

2. By not leaving your comfort zoon most people prefer to stay with there parents where they are seeing free food everything coming free for them and it will make you feel that everything is ok and so you will be comfortable with the life you leave am not saying that staying with one parents is bad ooh but some time will not pull out and hustle.

3. Lack of finance most persons don get the idea on the business them wan do most of them don even learn work finish but money to take up start the business wont be there. So lack of finance has made some many people not to grow or improve in life.

You make sense, if you understand the forum e no go hard you to grow your account here, what the forum need na quality contribution so any talk wey you dey talk and you know say e no go add value to anybody wey read am and the forum make you no carry am come here. All those off topics wey una dey post no get any value to anybody here. If we wan hear gist we fit go social media go read am. This is an educational forum so anything wey we dey discuss here supposed get value in one way or the other. We need to wait until we dun get off topic board before we fit dey discuss off topics but for now make we keep the discussion on topic in relation to Bitcoin and things wey dey happen for our economy.


The reason fit also be because of lack of knowledge abi you think say na everybody wey dey here na him sabi wetin Bitcoin be? I bet you say many people here self no dey use non constodial wallet. Na so so centralized wallets na wetin dem dey use. It is not just about using Bitcoin but how well are you using it abi na just the profits wey we dey care about. E shock me say people still no sabi wetin halving be like dem no go fit explain am to small pikin to understand. Many people no even understand Bitcoin but na for them to dey write rubbish na wetin dem sabi so e fit be both ways but the OP dey make better sense here.

Yes watin op talk dey very correct and everything way you @cryptopreneureBrainboss talk emake sense well well, another important thing wey me I see say dey make people not to grow or improve na being too comfortable with the present condition without making any plans for the future, there is this saying that says any body wey fail to plan is planning to fail, not growing and not improving is failing because as day dey break na so things dey change too, such that if you are not changing as things are changing there is no way you can grow or improve your present situation, another thing be say some people are not willing enough to come out from their shell, they isolate themselves and refused to mingle with others and get trending informations, ideas, they will just rely only on the things dey know and not being open to learn new things. Many people too don't improve or grow because they are indecisive about what they want for themselves and refused to be determined and focused in achieving it.

So many believe that as it is in the beginning so shall it be till the end, hence they don't grow or make improvement.

When it comes to laziness, me I dey always dey talk say people wey dey lazy na because of say dem never jam suffer or suffer never really hit dem for the right spot because if to say the supposed lazy person don really see suffer e for no sit but instead find something wey go help am move forward or grow. I know say this no somehow follow but I feel sometimes the lack of update sef dey drag person back although some persons wen dem jam the update sef dem still dey reluctant to come follow up.

My broda no talk oooh, eh get some people way be say them no they even see food chop but still them no get strength to carry their self do anything them just don give up for anything hustle them want make manner always they fall from any where way eh they fall from for them anytime them see them chop anytime them no see them beg piple they like that, nah only some people they use suffer as encouragement to carry learn and develop their self make them fit escape that stage but eh no they like that for everybody.

Understanding cannot work or stand on its own without knowing how to do the application of what you’ve understood. All examples you gave are clear ones and it is very important to know what you want sand when you get it, know how to apply it. The success of many today comes from understanding first and then learning to use that knowledge they’ve understood into something meaningful in their lives, I mean applying it into something profitable that will have amounted from the understanding that was first grasp in the first place. Understanding and applying what you’ve understood is the easier way to grow in anything or grow a service or product. When one is missing, the other one becomes useless because it won’t be able to stand on its own and when it does, it won’t last long.

Having knowledge without understanding is just like going to school and attending classes without proper understanding of what is been taught. For one to achieve in anything you are doing, you must have good understanding of such thing. Just like you have said, alot of people here in the forum lacks how the forum works. They can progress on if they try ti study well the principle that guide the forum.

Indeed we need knowledge and understanding to achieve our goals for life even in the crypto space we need understanding to grow.Understanding and knowledge na two different things but dem dey work together,some people fit get knowledge but lack understanding.Knowledge na de ability to acquire information or skill in any form while understanding na de ability to understand the information or skill wey you receive in any form.Most investor fit dey invest on crypto but dem no get understanding on how to invest, everything wey we dey do we gat get the knowledge first and then apply am to give our desired goals.

Knowledge and Understanding are two different topics or should I say two different philosophies that’s majorly needed in every philosophy of life. These two philosophies to an extent can go together as you will need proper knowledge on a topic to be able to go have an understanding of that particular topic.

 ⁠Moving forward, having proper understanding of a topic helps to bring success on a particular topic or project. Now having a knowledge is more like having the little idea on a topic and all but understanding is a proper and full knowledge on the topic and as such this full knowledge will be able to help you make proper decisions to be able to help you succeed.

 In the cryptocurrency sector, one with a basic knowledge will just be having a little knowledge of them knowing about coins and all but with a proper knowledge you will be able to go on with market trends and all. Full knowledge which is proper understood will help one be more successful in the world of cryptocurrency as it will help you be able to study market trends and as such you’ll be able to make some key decisions to help you scale through. it’s very different in knowing what to do and how to do it in a useful way and more effectively.

Funny enough is the fact that anyone who goes to school without proper understanding of what is being taught, doesn't get to graduate and if they do, it is always going to be a very bad or should I say, it would be with a poor grade.
We forget to input also that the application of the right understanding of a knowledge gained is what amounts to one being called wise.

To grow in any field or area of presumed expertise, for me the key for proper assimilation would be to have a passionate interest in that direction, else, that's why it takes a reasonably longer process for some to even summon the grit to act on what they have learnt over a long time. Once the passion is there, the knowledge becomes easy to access, the understanding and wisdom to act all become a natural process.

Lack of passion is what one need to have on whatever he is doing either in business, in learning or working. If you have the passion and zeal on that you are into, you will be focus which will lead to growth because you will use your whole mind with joy and happiness to do it, and bring out the best in you, which will lead to success. If you want to grow in the forum, have the passion and zeal to know everything and information on bitcoin.

Lack of courage and motivation is also a factor. There are some people who needs to look up to others before they can become serious in whatever they are doing. Having a role model, or someone that motivates you in what your are doing is very important. If you are into business, you need to have someone that is already successful or knows more than you in that field for advice and to also encourage, and motivate your in growing.

Op you don tok well. Life is just like that, many people can read but dem no fit write and when some fit write di reading is very poor. As you can see life never balance. But in whatever ways understanding is the best approach for everything we do. The large number that have knowledge on cryptocurrency is more than di people wey understand am. Even some people wey e dey here e never understand di crypto community. Like one of the comment I made today says the friend sold his bitcoin because he been dey panic say he go loss dem because the price dey go down.

Understanding is the major key in every progressive and improvement. Once you misunderstand them you fail.

Failure to take action on what you understand and have knowledge about is a great issue that can hinder ones growth and success just as earlier been said. Alot of ideas has died in so many individual because of failure to take actions. Well, not taking action may occur due to fear of losing out but we just have to understand that in most cases a trail is always needed to help improve and still learn more in life. We should always put in mind that the more we lose the more we are close to are success.

Your contribution to my post mean say you understand waiting I cap for my post and those things wey you say e dey make business no grow na true. Procrastination na very big problem ooo, no be only for business even outside business. Dey go give assignment, make I just say today to be submitted on next week Monday, no be say I no go fit do am oo but I go just dey talk I go do am tomorrow that tomorrow go come pass and I go say I go tomorrow again and e go come pass again and no be say I dey even do serious something wey dey make me no do am but na just that strength to take start be the problem. Na a day to submission date or that submission day I go come dey run up and down on how to do am for something wey I for don do since ooo. Na so e dey for business, person products or goods go remain small make e finish and customer go come to buy product or goods and e no go dey instead of the person to just comot go buy new ones he/she go just dey say tomorrow i go, go buy am and that tomorrow go reach she go talk same thing again and e get where e go reach those customer no go dey go come patronize the person again.

This thing dey kill business well well and even for this forum too e dey worry some people well well, just to come online read threads wey go help you grow for this place you go just dey, dey do nothing and those people wey dey into signature campaign etc, just to come online and complete your post dey go dey talk tomorrow tomorrow till e reach the deadline. If you be business woman or man here, as you dey read the post try adjust make e no for hinder your growth.

Sorry I don't understand what you mean by " lack of passion is what one need to have on whatever he is doing either business, in learning or work."  Lack of passion can be among why most people don't grow or improve but you saying is what one need to have is what I don't really get, maybe you should check your reply and make some possible correction.


I think all these falls under knowledge and understanding because if you don't have knowledge and understanding I wonder how you  will be courageous and motivated to do something. Let's say you are given this equation 2x + 1=0, find x, so tell how will you be motivated or how much courage will you have to explain to people about this but when you have the knowledge and understanding you can boldly stand before people and explain, that's why knowledge and understanding is the principle thing one ought to have in order to grow and improve.

I have also came to understand one of the reasons why most people don't grow or improve in life, am saying this base on the experience I got, I was doing well when I started my business even when people came I should loan them money that in so so day they will pay I wasn't giving them listening ear because some one that has gotten same experience has already told me never to give out money like that say people bad they will still be the ones to laugh at you when u finally go( not doing well in business again).
So as time goes on i started having pity at them when they come I started giving out money and they were not responding as they say earlier to return it back so it started affecting my business, my business stated going down instead of growing till I almost went down if not for friend that decided to help me come back to my stand.
So what am trying to say is that trying to be good or kind to people all the time is never good expecially when doing business you may end up running your business down because you are trying to please people and displeased yourself that was exactly what happened to me.