Topic: Which one is important? Knowledge or Experience? Or both in Bitcoin Learning! - page 3. (Read 836 times)

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.

The two are never the same because knowledge is one thing and experience is another.  Knowledge can be acquired by anyone at any time but experience is not very easy to acquire and no one can acquire experience in a short period of time but knowledge can be acquired in a short period of time. I repeat that knowledge makes man know the way but experience makes man walk in the known way. so knowledge and experience can never be similar

Both are important, but to gain experience, we need prior knowledge, knowledge is the foundation of everything. We cannot start practice without knowledge, and when we have knowledge without experience, we will have difficulty. To make money with crypto, it is necessary to use both knowledge and experience fluently.

Experience is an example of past work that has been done by someone based on the knowledge they gained at that time so that it has become an experience for him at this time. So in general knowledge is still the main thing that must be considered important to carry out any activity even though experience can help someone more in carrying out the work he is currently doing.

knowledge without experience is still incomplete for me knowledge without experience cannot be relied on it's best to jump into the world of crypto both must be in themselves to be able to take a stand in difficult times, for example when coin prices fall most people panic their knowledge is good but without there is experience, he will release the coin, it's a careless attitude and a loss.

Knowledge is nothing if you doesn't know how to execute and apply it in the real thing. Knowledge is important but experience is a must too that's why most job hiring are looking for experienced people. Fresh graduates have their on job training before graduating for them to have experience plus knowledge package when they graduate they could apply already for a job. I think it's the same thing in Bitcoin, if you have both knowledge and experience then it would be easy for you to invest and trade in Bitcoin without hassle. If you acquire these two you will be powerful.

I did, however, believe that all the doctors worked in their different hospitals work with experience behind the work and not just knowledge. In my opinion, knowledge cannot be applied without experience if one can merely possess knowledge and lacks practical experience in the subject matter.Bitcoin knowledge must be applied when reading the instructions for how bitcoin works, following the newest bitcoin news, and participating in other activities such as the Bitcoin forum.
After acquiring all of the necessary information of bitcoin, one can get experience by applying that knowledge and benefiting from it. So both play an important role in our daily lives, not just in cryptocurrency. So, in order to be a successful bitcoin investor, it is critical for someone to get the appropriate expertise before engaging in the industry.

Actually both are essential in Bitcoin learning because if you have proper knowledge about crypto and have little experience you may not get good results. Again without knowledge only experience can handle many things but that will not be fulfilled. So I will also go for experience but must have a actual knowledge too. Because Knowledge is Power not Experience. This will be implemented in every sector of learning.

I agreed with you that knowledge and experience are crucial.I think that occasionally when you learn something from a variety of sources, you can also put it into practice. In fact, many people nowadays who enter the crytpo industry do so through knowledge, and they do it better because many of the books and videos are putting together by the great experience authors, and if someone read and get the information well from the books and videos someone can also easy put it in practice too. But if I'm being completely honest with myself, experience is always preferable to knowledge you gain through reading or watching videos.

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.

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).

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.

-   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.

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.

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.

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.

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.

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.

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.

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!

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.