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It means that I am only wise, because I understand that I know very little things.

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Q: What does this mean The only true wisdom is in knowing you know nothing?
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The only true wisdom consists in knowing that you know nothing. What does this Socrates quote mean?

Firstly it's not a quote from Socrates. Socrates left no writings of his own, thus our awareness of his teachings comes primarily from a few ancient authors. What it means is that to be wise you first have to understand that you know nothing and only in learning do you understand more. Even if you think you know everything actually there is still more ro be learned.

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