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

[jeraldskie11]

Naturally, both. To do things efficiently, knowledge is insufficient. Because I tried it when I was in school taking a small engine course. The lesson is not difficult to grasp, but when I apply it in practice, it is really tough. Then I observe my classmate, who already has an experienced, and he does it well. As a result, I believe that knowledge must be combined with experience in order to execute tasks in an efficient and effective manner. Even experience is insufficient because there are some things you believe are accurate but are incorrect.

Similarly, it is the case when investing in cryptocurrency, particularly in trading. You can't go all in if you only have knowledge; you need experience as well. That is why, if you are new and have no expertise, it is recommended that you utilize only a small portion of your money so that you do not deplete all of your finances if it does not work.

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[Haunebu]

Your title makes zero sense op. An experienced investor obviously would have gained a lot of knowledge related to crypto trading. Theoretical knowledge vs practical knowledge makes way more sense here.

An investor with more practical knowledge is more reliable when compared to an investor with more theoretical knowledge for obvious reasons. This logic applies to literally everything.

Honestly, luck is way more important in crypto trading, mining etc.

[Wildwest]

As you explained both of them are indeed very much needed because besides we have high knowledge but without a little experience then everything can feel difficult if we do, and currently there are very many people who are rich in experience but the knowledge he has is very little but with a big push from experience everything is easy to do because there is already a little knowledge that ups and downs so that it can be a lesson, So from there we will get new knowledge, then both are very important.

[Sanitough]

Experience is always the best teacher. That doesn't mean that knowledge is not require or neccessary. Someone who has experience is far better than knowledge because experience is series of hard work and multiple mistakes. Experience is practically achieved and knowledge is mostly theorical.
In bitcoin investment, i d' rather go to someone with much experience because he has made a mistake before and learnt from them.
Experience is the combination of theoritical and practical learning, so both are required.

Knowledge is theory, but without knowledge, you cannot start, you cannot trade or invest. It can be said that knowledge is an extremely important foundation for any newbie, and experienced people are very knowledgeable. To be successful in any field, we need both and we must combine them flexibly to achieve the desired results. To be honest, I have never seen a successful investor or make a lot of money saying they have no knowledge, or no experience. Both are necessary and sufficient conditions for a person to be successful.

One with high experience has probably earned a lot of knowledge in the first place. So both of them, knowledge and experience are of high necessity particular if you aim for its best outcome. Though there could be highly knowledgeable individuals but with less experience, but you won’t hear highly experienced but are less knowledgeable. However, since we are talking about bitcoin learning, I would say both should be present, acquisition of knowledge first that would lead to more productive experiences.

[ringgo96]

for me both are very important for running a business or our investment for the future, because I find many people who are successful now they already have great experience in running their business so that every problem they handle can always be resolved properly, of course this have also learned a number of things that are related to their business, especially in the world of crypto we will not easily benefit from investing if we do not have knowledge and experience since getting to know crypto, everyone has ever tasted bitter and sweet even though now everyone is enjoying satisfying results.

[serjent05]

Your title makes zero sense op. An experienced investor obviously would have gained a lot of knowledge related to crypto trading. Theoretical knowledge vs practical knowledge makes way more sense here.

An investor with more practical knowledge is more reliable when compared to an investor with more theoretical knowledge for obvious reasons. This logic applies to literally everything.

Good catch there, it should be the comparison of theoretical knowledge and practical knowledge and I agree that the person with practical knowledge is way more capable and reliable than the one who relies on theories since practical experience weighs more and make a person more efficient in doing things.

Honestly, luck is way more important in crypto trading, mining etc.

Luck is just a variable factor that can be outperformed by knowledge and planning.

[Yamifoud]

As you explained both of them are indeed very much needed because besides we have high knowledge but without a little experience then everything can feel difficult if we do, and currently there are very many people who are rich in experience but the knowledge he has is very little but with a big push from experience everything is easy to do because there is already a little knowledge that ups and downs so that it can be a lesson, So from there we will get new knowledge, then both are very important.

Indeed, those who come into trading will already have some basic knowledge about it but it was not enough to become a good trader. But should not be a big deal because we are doing this, In actual trading we gain experience and more knowledge as well. They are both important in the sense that it is a must otherwise, we just go nowhere.

This is what it looks like;
knowledge + experience = success
So those who come in trading should not be thinking it works so easily as it takes time to develop all of these things until we gain success.

[Myleschetty]

I can't tell which is more significant because, in most circumstances, both knowledge and experience are equally important. Knowledge is a theoretical or academic understanding of a subject, whereas experience is the practical application of such knowledge.
Knowledge and experience are mutually beneficial, and one can't prosper without the other.

[carlfebz2]

As you explained both of them are indeed very much needed because besides we have high knowledge but without a little experience then everything can feel difficult if we do, and currently there are very many people who are rich in experience but the knowledge he has is very little but with a big push from experience everything is easy to do because there is already a little knowledge that ups and downs so that it can be a lesson, So from there we will get new knowledge, then both are very important.

Indeed, those who come into trading will already have some basic knowledge about it but it was not enough to become a good trader. But should not be a big deal because we are doing this, In actual trading we gain experience and more knowledge as well. They are both important in the sense that it is a must otherwise, we just go nowhere.

This is what it looks like;
knowledge + experience = success
So those who come in trading should not be thinking it works so easily as it takes time to develop all of these things until we gain success.

Both are indeed correlated on which on the time that you would really be engaging into trading then you would definitely be having be able to acquire that knowledge and experience which you would be able to gain
up overtime and on the long duration or times that you've been doing on the same thing then it is really that giving you out that edge or advantage compared into those people who had just recently stepped in
into this market. Of course it wont really be just talking about on short period of time if we do speak about acquiring learning and experience.

You would really be experiencing lots of errors and mistakes along the way which i could say that this is really that a part of learning process. You cant really just that be too that confident
when it comes to certain approach because dealing up with this market isnt something simple as it sounds or looks because profiting or sustaining on this unpredictable
market does really also depend on how well you do handle up yourself on making sustainable.

[n0ne]

Knowledge and experience are equally important. With the knowledge you'll be able to acquire experience, but to be knowledgeable through experience it takes little more time. Based on this knowledge gets little priority against the experience. This is on the common aspect and it suits everywhere.

When it comes to bitcoin learning, rather than the knowledge and the experience it is the self realisation on the need for an innovation. If your mind is ready to accept it, then only it is possible to enjoy the goodness and turn to be more knowledged one. We should experiment the knowledge we've got, only then we'll be able to understand how good is the experience.

[ilovealtcoins]

...

Honestly, luck is way more important in crypto trading, mining etc.

Perhaps many people will disagree on this, but I find it absolutely true. Sometimes you have all the knowledge and experience, but you won't make any money if you are not lucky enough. But that said, we don't need knowledge or experience, because it will help us limit losses and avoid pitfalls in the market.

[BTCBroker2016]

Your title makes zero sense op. An experienced investor obviously would have gained a lot of knowledge related to crypto trading. Theoretical knowledge vs practical knowledge makes way more sense here.

An investor with more practical knowledge is more reliable when compared to an investor with more theoretical knowledge for obvious reasons. This logic applies to literally everything.

Honestly, luck is way more important in crypto trading, mining etc.

It's lucky sometimes but when you have strategy it works much better

[lizarder]

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.

You will never gain experience if you don't invest right away, but investing is not recommended when you have no knowledge of it and it's best to learn how to invest first. If asked what is more important to learn first between experience and knowledge, then the answer is clearly knowledge because when you start to find out about the basic things needed in investing, then you will definitely get knowledge when conditions are bearish or bullish.

When you try to combine knowledge and experience, then try to use a small investment first because usually we need adjustments and at least avoid the risk of loss when you first start. Once experience and knowledge have been acquired, you can decide to invest whatever amount you are prepared to do.

[Woodie]

Why do i get the feeling this question almost feels like one of those questions of which one came first the chicken or the egg  

Anyway, as far as I know and believe, you need experience to acquire knowledge and not the other way round...a reason why people  at a work place doing the same job for several years will be paid more money than the newbies,  because the value  is in the experience which has broadened the knowledge base inturn. It only gets bad after all the years and expected knowledge someone shows no knowledge or expertise in the field then their is a problem and in such a scenario knowledge > experience.

[Bitcoinislife09]

In order to learn anything, we need the proper knowledge. In any situation, it is so important. And applying that knowledge in different situation and making wins and losses we gain experience.
So in that process, can you only depend on one thing? It is important to gain knowledge to be able to get the best results in any situation. But can you be successful with only knowledge and not without having enough experience?

Let me give you an example. So someone has browsed through the internet. He has gained a lot of knowledge on bitcoin.
And there's this other person who have been on the platform for a long time. He has gained experience based on his own work.

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.

One more example that I want to say, which has happened to myself. I work the same thing others do. But when to teach that to a new guy, if they follow the basic learning knowledge. But when I teach them how to work, I showed them some shortcuts and way of doing things in a much faster and easier way.

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.

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

_tjtonmoy

It would be both since both knowledge and experience has a big role on our bitcoin learning I would say that I would probably start with a little bit of knowledge like for example i could go here in the forum to browse and learn about a lot of things on bitcoin and that's will give me enough knowledge on how can I execute things on trading and investment etc. Some of newbies would take a lot of times which is mostly the case, taking a lot of time learning and not starting on their journey, Even though you have enough knowledge the real learning will begin when you already experience it. I mean you could say that you learn how to play basketball by just watching a video, but unless you already experience to play it you cant guarantee than you will have a great performance on it. With that I think experience is more important but Both are needed on bitcoin learning to lost.

[tjtonmoy]

Your title makes zero sense op. An experienced investor obviously would have gained a lot of knowledge related to crypto trading. Theoretical knowledge vs practical knowledge makes way more sense here.

I guess that's why they say that never judge a book by its cover. I have said already in the last part that you need both. The title is just a question which has been explained in the post. Theoretical knowledge is still knowledge, but when you have practical knowledge it can not be called experience. Because you can not gain that kind of experience if you only have practically used it once or twice. So when you use your knowledge in the field, and you learn from it to become expert, that is what called experience.
So I don't know where did I do it wrong. You may wanna read the post again.

[Victorik]

Experience is the best teacher, but it comes with a price. Learning by information, that's learning from the experiences of other may be safer but has its limitations.
When it comes to crypto, you will need to gather enough information, and then put the knowledge into practice.

[dunfida]

In order to learn anything, we need the proper knowledge. In any situation, it is so important. And applying that knowledge in different situation and making wins and losses we gain experience.
So in that process, can you only depend on one thing? It is important to gain knowledge to be able to get the best results in any situation. But can you be successful with only knowledge and not without having enough experience?

Let me give you an example. So someone has browsed through the internet. He has gained a lot of knowledge on bitcoin.
And there's this other person who have been on the platform for a long time. He has gained experience based on his own work.

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.

One more example that I want to say, which has happened to myself. I work the same thing others do. But when to teach that to a new guy, if they follow the basic learning knowledge. But when I teach them how to work, I showed them some shortcuts and way of doing things in a much faster and easier way.

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.

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

_tjtonmoy

It would be both since both knowledge and experience has a big role on our bitcoin learning I would say that I would probably start with a little bit of knowledge like for example i could go here in the forum to browse and learn about a lot of things on bitcoin and that's will give me enough knowledge on how can I execute things on trading and investment etc. Some of newbies would take a lot of times which is mostly the case, taking a lot of time learning and not starting on their journey, Even though you have enough knowledge the real learning will begin when you already experience it. I mean you could say that you learn how to play basketball by just watching a video, but unless you already experience to play it you cant guarantee than you will have a great performance on it. With that I think experience is more important but Both are needed on bitcoin learning to lost.

It would really be having that big role or totally mutual into each other because even if you dont have the knowledge but you do keep on engaging into it then you would really be able to get that knowledge
on which it would really be here starting whether you would really be making yourself that do things which are according into your plans. Bitcoin learning or totally speaking about crypto knowledge isnt something
that you could gained up overnight which it would really be requiring up some ample time before you could really be having a good grasps.

Dont focus on which one is important because you wont really be needing to choose one because even just engaging into a single point because dealing up with other will really be normally be gaining up the both experience and knowledge that you are really that seeking.  Bitcoin learning isnt only limited which this one could be applied in overall crypto space or no matter
or which market you would be tending to touch up.

[Maestro75]

Both are very important in life to record success. But knowledge comes first. There are those who will never experience anything related to their business before they started but they have the knowledge of the business and know how to run it. We can learn from the sad experiences of others to avoid getting hit by the same sad occurrences. We do not have to experience it by ourselves before we learn. This is why I said that knowledge is a step ahead of experience. We can also channel this to bitcoin learning.

[xSkylarx]

The way that people who has a lot of experience on something is they are the best to explain that certain things , imean they have their own definition which means they understand it deep as they have years of experience unlike those who just learn it online or somewhere which they are just on tip of the ice berg and not known the true meaning, though if ever you have a chance to ask both then why not to see what is better point of view among the two