Question about UE5

Now I see, thank you a lot my friend

Is it worth learning UE4 for UE5 or is UE5 going to be something completely new?

It’s worth starting now! You will be able to convert your progress in UE4 to an UE5 project when it’s available. I would even say it will be more rewarding if you already have a clue of what’s going on when UE5 arrives instead of starting then =)

So wait you’re telling me I can take my UE4 project and convert it to the UE5, are you positive? I am asking because I want to make sure I don’t waste time putting in work on UE4 also I am working on 4.24 which does not support the next gen console but does that matter?

Yes. You will be able to convert your project: Frequently Asked Questions - Unreal Engine

This shouldn’t be an issue per se. It doesn’t matter if you convert your project now to 4.25 and then to 5.x or stay on 4.24 and then move to 5.x