Which one is important? Knowledge or Experience? Or both in Bitcoin Learning!

[ZAINmalik75]

Although both experience and knowledge are crucial for a healthy human life, in actuality, experience is more crucial than knowledge.
Let's say you and I both possess the same knowledge and degree from the same university in the field of employment, but if you have more experience than I have, you will be given preference in promotions. But it's crucial to remember that you can't claim to be knowledgeable about something unless you learn something about it. In addition, it is necessary to get information in the area of Bitcoin, but in order to trade Bitcoin successfully, one also needs a lot of experience.

Here I agreed with you about this all but still we need to be more knowledgeable which will help us about bitcoin and experience is also important, but this will be available after having any better platform where we will have better peoples those will guide us about this all, and then we will have more knowledge and experience for me knowledge is key for this because if you have enough then surely from this point you will be able to have experience and more use case of this all without any knowledge no one will be able to help you, and then you will be not able to have any experience which is possible after having degree and knowledge most cases needs knowledge and after this we will have experience which increase our knowledge.

[zanezane]

I think Knowledge is theory, experience is practice.  I will be more inclined to experience to succeed because everything has experience, right or wrong to change and improve, you can respond to any market situation with what you have experienced.  Over time, skills will also be accumulated and that is experience.  To gain experience you have to accept "pay" for them.  I think knowledge will be required but it will not be an option in this regard.

Same, both are needed to improve your bitcoin learning. Knowledge helps you understand the fundamental concepts and principle of bitcoin, including how it works, it's benefits and drawbacks, and various ways it can be used. Knowledge can be gained through reading articles and books and engaging in online discussion with experts in the field like this community.

Experience, on the other hand, allows you to put that knowledge into practice and gain deeper understanding of Bitcoin through first hand interactions with technology. Gaining experience can be buying, selling, and trading, setting up a Bitcoin wallet, and mining.

[Rockstarguy]

Now you want to learn the best. To whom do you go first? One with knowledge or one with experience?  

Let me know your thoughts. Or share some of your own experience.

_tjtonmoy

Both knowledge and experience are very important for human life but in practical terms experience is more important than knowledge.
Suppose you and I have equal knowledge and degree from the same institution in the job field but if you have more experience than me in the job field then you will be given more priority in the promotion.
But one thing is very important that you cannot be experienced until you acquire some knowledge on that subject. Moreover, knowledge in the field of Bitcoin must be acquired, but in addition to acquiring knowledge in the field of Bitcoin trading, one must have a lot of experience in Bitcoin trading.

In bitcoin knowledge and experience is important. If all the knowledge have been acquired we still make mistakes that we need to be corrected by experience. I see Bitcoin investment or trading as a journey, in this journey I think knowledge from ready articles is not enough,  we come across personal experience that can  never be erased forever. I think the two are important,  they are both needed,  experience is best teacher. Some mistakes occur because of lack of experience but having experience it will be hard for same mistakes to reoccur.

[CreativeCat]

Both knowledge and experience are important for success. Knowledge provides theoretical understanding, while experience helps in practical application. Seeking advice from experienced individuals is crucial, but continuously updating knowledge and gaining hands-on experience is also important. Experience alone based on flawed or outdated knowledge might not be enough. Learning about Bitcoin is an example where seeking advice from someone with hands-on experience is wise. Updating knowledge and skills continuously is essential.

[Freddie Boyer]

Let me know your thoughts. Or share some of your own experience.

Regarding your question above I think Knowledge and related experience are equally important in learning Bitcoin in my opinion because Knowledge provides a foundation for understanding the technology, its history and potential use as well as the technical aspects of Bitcoin, such as how it works, how transactions are confirmed, and how the blockchain functions.

Understanding the theory behind Bitcoin is one thing, but having hands-on experience using and trading it is another and I think experience can help us gain a deeper understanding of how the technology works in practice, as well as how to navigate the market and make sound investment decisions. This experience can be gained by investing in Bitcoin, trading and using it for transactions.

[usekevin]

Which eye you will choose,if anyone asked to donate one.No one accept anything for this question,because both the eyes are important.The knowledge can be achieved using the experience,every year in the cryptocurrency field.You will learn more from it,experience help us to earn money in some day.The trading experience was important one as compared to the trading knowledge.With the experience,we know the previous curve of the price.So we can plan to buy at certain price and sell at certain price.It only obtain with the trading experience and not with the knowledge itself.Sometimes knowledge fail but experience never fails.

[Davidvictorson]

The guy who has experienced was first a novice who acquired knowledge first and through several trials by errors, practice  and repeated practice. The way we learned about bitcoin was not through experienced, most of us started through a simple Google Search - searching for knowledge. Then we went on YouTube to watch a step-by-step tutorial on how to buy bitcoin on Binance, Luno or whatever crypto exchange app we were first exposed to. We followed the same process for other crypto related concepts. This was applying the knowledge to gain experience. We didn't first, second and third time until it became like second nature to us. Knowledge is important first. Just like a child learns to crawl first before walking, so it is with knowledge and experience.

[AnonBitCoiner]

So in conclusion, if you are new and want to learn something about Bitcoin, ask the guy who has a lot of experience. Then it becomes knowledge to yourself. Then applying that knowledge and going through some trials and errors, you can gain the same experience. It is important to learn them both in my opinion. But you need to follow the path of what to do when. That way, I am sure success is guaranteed.

Actually when a person get knowledge and then he used this knowledge for further success in future then he achieved Experience and I think that in crypto Experienced individuals make mistakes too because there is no any human who are free of fault and mistakes.

A person always first learn but if he has no experience then it is something difficult for getting benefit out of it as performance matters a lot. Like if a person says that he knows each and everything but if he cannot perform well in real life then his knowledge is useless. So knowledge and experience both play an important role for one's profitable future we cannot ignore any of them.

[stomachgrowls]

So in conclusion, if you are new and want to learn something about Bitcoin, ask the guy who has a lot of experience. Then it becomes knowledge to yourself. Then applying that knowledge and going through some trials and errors, you can gain the same experience. It is important to learn them both in my opinion. But you need to follow the path of what to do when. That way, I am sure success is guaranteed.

Actually when a person get knowledge and then he used this knowledge for further success in future then he achieved Experience and I think that in crypto Experienced individuals make mistakes too because there is no any human who are free of fault and mistakes.

A person always first learn but if he has no experience then it is something difficult for getting benefit out of it as performance matters a lot. Like if a person says that he knows each and everything but if he cannot perform well in real life then his knowledge is useless. So knowledge and experience both play an important role for one's profitable future we cannot ignore any of them.

Knowledge is useless if you wont really be putting yourself into actual condition which you are engaging into something which you would make use on what you have known.If you wont
really be making some action then it would really be entirely useless and this would be entirely be different compared to those who are eager to take some action and do make
out some movement basing up on what he would really be planning on doing. Experience is needed and gaining knowledge is inevitable along the way
which is something that one would be able to gain up.

The guy who has experienced was first a novice who acquired knowledge first and through several trials by errors, practice  and repeated practice. The way we learned about bitcoin was not through experienced, most of us started through a simple Google Search - searching for knowledge. Then we went on YouTube to watch a step-by-step tutorial on how to buy bitcoin on Binance, Luno or whatever crypto exchange app we were first exposed to. We followed the same process for other crypto related concepts. This was applying the knowledge to gain experience. We didn't first, second and third time until it became like second nature to us. Knowledge is important first. Just like a child learns to crawl first before walking, so it is with knowledge and experience.

All of us starts on being a noob on when the time we do continuously doing a certain thing basing on what we are trying to do, despite of the errors and mistakes
that you are experience, you would be able to gain up that experience until you are aware on what are the things that you should  do in next time since you are already
getting that kind of awareness or on thing that must avoid. Rinse and repeat until you do get it done well and this what makes you knowledgeable.

[Litzki1990]

Now you want to learn the best. To whom do you go first? One with knowledge or one with experience?
Me personally, I will choose the one with experience. Because knowledge can be gathered from many sources. But the true meaning of best learning method is found in the one with experience. Because he may know something that the internet won't know. It is the same as reading a book and memorizing it. But you can't be an expert unless you have tried in yourself.

Knowledge and experience are both essential. If you don't have any knowledge or idea about a subject then how can you gain experience in that subject. Before experience we have to take concept and gain knowledge about it then we can have experience about it.  

Even if you are going to interview for any job these days, they will give more preference to an experienced person. If everyone gives more priority to experience then what is the way for those who want to gain experience.  

Suppose you go for a job interview in a hospital with highest degree in medical education and the interview board asks you to tell about your experience then what will you answer them because you have no experience of working before you have acquired various knowledge just to get medical education And if you have an idea about different things then you are not eligible for the job.  

It is not the case that everyone should be given a chance to gain experience. Knowledge, ideas, knowing about something, and education should be valued, not just experience.

[SatoPrincess]

Now you want to learn the best. To whom do you go first? One with knowledge or one with experience?

I will go for the person with experience because I will learn a lot more from a veteran, his mistakes and successes will help me understand how things work and how to solve problems in those situations. Experience is a something that can’t be taught in a classroom, that’s why in certain industries, candidates who did internships and have experience in that role are considered high value than those that have zero experience but have the certifications. IMO experience trumps certifications or knowledge every time!

[The Cryptovator]

To become an experienced cryptocurrency user, it is essential to have knowledge and learn about the subject. Simply having information is not enough, as practical application is also necessary to gain experience. Therefore, seeking advice from experienced users is more valuable than solely relying on knowledgeable individuals. By learning and implementing what you have learned in real-world scenarios, you can gain the experience required to succeed in the cryptocurrency market. In conclusion, experience is crucial to achieve success in the crypto industry.

[Finestream]

Now you want to learn the best. To whom do you go first? One with knowledge or one with experience?

Knowledge comes from mere reading of books while experience comes from encounters with real life issue. Knowledge is theory while experience is practical. Little wonder they say experience, not knowledge, is the best teacher. It used to annoy me during job huntings and years of experience was asked as part of the criteria for employment until I realized the place of experience in job placements. Now I know it has to be experience over knowledge. A man with experience is better on a job than the one with knowledge. I choose experience over knowledge.

You were right there. However, if we can have both knowledge and experience, that’s a perfect package. You can never go wrong if you trust a person who has high knowledge and high experience because surely, you will learn the best from him. Knowledge alone may not work, just like experience without knowledge may not work either. That’s how important knowledge and experience are, the two should always be complementing each other.

[freedomgo]

Knowledge has just the same importance with experience, that’s why there should be both knowledge and experience if we want to learn the best with bitcoin and crypto market. Knowledge should be gained first, and when you are knowledgeable enough, everything you have in your knowledge should be put into practical application. That is where true learning takes place, one who can successfully use it in his experience.

[Supreemo]

For me knowledge and experience are both important. They should work together as a team, without knowledge it will be a lot harder to try any investment. I am pretty sure none of you would take a risk in investing if you did not even research on the road map of a particular coin on how will your investment grow to be able to take a profit later on. We should know the factors of the coin we are trying to invest cause without knowledge we might loose our investments. With experience it can teach us how to face risk and how to overcome losses.

both are very important in life because if you have enough knowledge you will know the facts, information and also you can acquaired skills and experience through education while in experience is you can gain it through practical exposure. if you have this two you will know how to balance in making decisions even if it's risky but the more you fail the more knowledge and experience you will gain.

[Agbe]

Knowledge can be of several types such as knowledge from books, knowledge from various online sources, knowledge from friends etc. Knowledge gives a person courage to succeed in that thing. but experience builds a person's confidence in that thing. when someone wants to learn about Bitcoin and he takes the help of someone who has knowledge about Bitcoin then he can learn as much as he can.  If he takes help from an experienced person he can learn more than that.  So I personally think experience is more important than knowledge in trading

Both of them has to be very important and they're both needed for someone to become successful when investing in Bitcoin. Before investing, we have to make ourselves to have knowledge on what we're investing in.

Investing without a knowledge of what we're investing in is just gambling since we're only trying our luck and waiting on the outcome. We have to do our personal research before we invest in Bitcoin and when that is down we get knowledge.

The experience plays its part when we're now involved in the market, by this time we'll need to learn from others experience which prevents us from making mistakes or learn from our very own mistakes and take decision that'll make us successful.

The two concepts have some similarities. At I was even confused but when I calm down and think of it, then I took the side of experience, one has to experience the thing before you can have knowledge of it. That is why they is a popular saying that experience is the best knowledge" (teacher). Many people have the experience of bitcoin but they do not have the knowledge of it and that is why people here learning more to know. But they hears at one occasion or the other.

[tokentitan]

In my opinion, both knowledge and experience are important when it comes to learning about Bitcoin.
Having knowledge about Bitcoin is important as it provides a foundational understanding of how the technology works, its benefits, and potential risks. Knowledge can be acquired through various sources such as reading books, attending courses, watching videos, and participating in online communities like this forum. However I would suggest while learning from YouTube go ahead with caution Correct me if I am wrong
However, gaining experience is equally important as it provides practical knowledge of how to apply that knowledge in real-world situations. Experience can be gained through hands-on experience, trial and error, and learning from mistakes. Experienced individuals have a deep understanding of the intricacies of Bitcoin and can provide valuable insights that cannot be found in books or online resources.
So, to answer the question of who to learn from, it really depends on the specific situation and what you want to learn. If you want to gain foundational knowledge about Bitcoin, then learning from various sources like books, courses, and online communities can be a good start. But if you want to gain practical knowledge and insights on how to apply that knowledge in real-world situations, then learning from experienced individuals can be very valuable. I think we all are here to benefit from Crypto in that case first gain knowledge then test that in real situations that is gain experience. That’s how I went forward.
So in my opinion both knowledge and experience are important when it comes to learning about Bitcoin, and it's important to have a balance of both in order to gain a deep understanding of the technology and how to use it effectively.

[Mr. Magkaisa]

-   I'm like you, not that I'm copying your answer, it's different because you approach someone who already has experience in
the bitcoin industry.

Because no matter how much knowledge a person has, if he has no experience on how to make money in the field of bitcoin businessm, someone with experience can still beat him. Because through experience it teaches knowledge about bitcoin or cryptocurrency actually.

[tokentitan]

Knowledge is the base,mate. But without experience it is worthless.
I had done many courses on cryptocurrency but when I tested it I started losing heavily. It was only after I gained experience everything started to materialise.

[LogitechMouse]

You will gain knowledge thru experiencing. You will not learn if you didn't tried.

Look at those businessmen out there. They became successful because they learned (knowledge), and they applied it when they are starting their business (experience). Yes they've experienced failures, but they managed to come back, and look where they are now. They learned, and applied that learnings so that they will become successful.

In order for you to learn Bitcoin, you need to study, research, and learn, but at the same time, you need to apply it as well.

Now you want to learn the best. To whom do you go first? One with knowledge or one with experience?

The one with experience. That's a no brainer for me.

The one with lots of experience will be the one who will share many things as for the one who has knowledge only, but isn't using it for his/her own good. Whether it is Bitcoin, or anything, a person with experience always wins. A person with lots of experience have lots of knowledge as well that's for sure, but a person with only knowledge, but no experience at all, is just useless (for me).