Topic: Which one is important? Knowledge or Experience? Or both in Bitcoin Learning! - page 7. (Read 836 times)

The few post here already summarized everything op said.
In bitcoin investments people needs to have experience(which comprises of knowledge because through knowledge you gain experience), then it will lead you to all your investment journey probably with knowledge is what gives birth to experience. Although is vise versa, sometimes you need experience to have the knowledge while sometimes you need knowledge to be able to handle things and after you might finished handling it then you derived experiences from your post work or investment, that is why i said is vise versa.

If you're trying to learn about something, I don't think you can have experience at all at that specific thing. Experience comes after the learning process. When you started learning about Bitcoin (not cryptocurrencies in general) you didn't have any experience with Bitcoin. So, first you read, you talk about, you see news, etc. When you feel comfortable you start nessing with things like installing a wallet, learning about it's options etc. Then you install some other app and you learn a bit more, etc, etc. When you start messing with things is when you start getting the experience!

It's kinda confusing because somehow it's just the same for me.

The guy with a lot of experience started as a person who only has knowledge, and the experience comes after. So I don't know what's the debate here, doesn't make any sense at least for me because the one that only has knowledge will also have experience right after and they are just both the same to me. We started as a newbie and will end up a pro in the end if we are going to make something as a career.

No. Someone will not achieve success if these two things are not owned.
Knowledge and experience are two important things in all aspects.

So the conclusion in my opinion is that it will not be enough if you only have knowledge because actually knowledge and experience are interrelated.
Knowledge is the first and experience is the second.
From knowledge will give birth to experience that will make a job of perfect value.

Just like what Upgrade00 said experience is lack the practical whereas knowledge is more or less theoretical. But both actually do work in line that it is quite hard to differentiate both. With experience one has almost entirely all the information regarding the particular thing but knowledge is limited to just what is stated in a book being read.

If we look at the talk around how bitcoin increasing after every halving we could see that it is from past experience. Even books read are from experienced authors of that. Both goes in addy because the one who has experienced and seeks more knowledge about a thing gets to a higher level than one who sticks to just one of the two

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.

You spoken well mate so in addendum I will also like to say, whenever you are employing person or they are seeking employment in an office they usually asked for a working experience, meaning both are essential you can't do without any of this. That why when you go to any higher institution graduated with a good grade during seeking for employment you would be asked to show your work experience or if that company is that considerate they will train you to their satisfactions before finally allows you to work with them at point you are gaining experience.
So, finally you can not work without experience and Knowledge despite any place you plan to source it from, the two must come together.

An experienced user is one who has acquired knowledge and put that to practice, that's a safer bet than someone who has only read through without putting any of it to practice yet.

Learning about sending multiple Bitcoin transactions together, generating a private key, etc is good, but actually putting it to practice without any errors or correcting your errors along the way shows that you've truly applied the knowledge.
Applied knowledge over passive knowledge.

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.