The state of Ohio has approved Bitcoin for taxes and state services, it is definitely positive because only through these things they are able to go to a more advanced level. The state of Ohio has just taken the initiative to accept Bitcoin then they will get the most benefits with Bitcoin and they will like it later they will accept it as a strategic reserve for their state.
Because Bitcoin is the most important holding for the state, because Ohio should embrace Bitcoin more to eliminate economic shortages for the future.

Ohio Country Bitcoin tax and payment accept

Legacy credit instruments are no longer appropriate in the modern era as they are an old banking system that is currently losing popularity and people are focusing on strategic reserves of coins.
While the duration of strategy credit instruments is high, the duration of legacy credit instruments is low.
Strategy credit instruments have high credit ratings, while legacy credit instruments have low credit ratings.
MSTR credit instruments have low risk and high liquidity, while legacy credit instruments have high risk and low liquidity.
In the current context, people are losing interest in legacy credit instruments in the traditional era and are showing interest in strategic credit instruments as they offer more benefits.

You are the one getting it all wrong here, in bitcoin investment what you should first figure out before making purchases is your discretionary income so what's the need saving for emergency fund when you don't have any discretionary income to get started with, rich folks can make arrangements for their emergency fund and discretionary income at a time it's still not wrong because they have money but for low income earners or no coiner you can started if you don't your emergency fund ready as long as your discretionary income is ready and later get your emergency fund gradually as you are buying bitcoin.

Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?

I think it's a simple principle to understand buy the Dip and hodl, there are people who will still be waiting for BTC price to Dip more before they can buy forgetting that your plans and that bitcoin is not the same, bitcoin price is volatile one can be waiting for it to dip more and it starts increasing so this should be an avenue to BUY more BTC and HODL.

Those who has consistently be buying BTC using the dca strategy can decide to be a little aggressive using their reserve funds the Dip should be an opportunity to grow our portfolio as investors.

I see where you are coming from, but I think it depends on the individual situation. Starting investment early is definitely smart because time in the market matters a lot, but at the same time, not having any emergency fund at all is sha risky..  Life is unpredictable, and if something urgent happens, you might be forced to sell your investment at the wrong time just to cover expenses..  That could easily wipe out the progress you have made.

I believe both can go hand in hand, even if it is small. You don’t need a huge emergency fund before you start investing, but at least having a little cushion can give peace of mind and protect your Bitcoin from being touched when life bring surprises. The rope and cow example makes sense, but if the cow runs away before you get the rope, you are left with nothing. Balance is always the key..

Bitcoin should be bought and held regularly based on how much more profit it will make in the long run. In 2016, 1 Bitcoin could be bought for $400, now it costs $112K+ to buy a Bitcoin. In the last 10 years, the price of Bitcoin has increased by hundreds of times. Now it is not possible to buy a whole Bitcoin with less money than before. But if we calculate the valuation of Bitcoin in the future, then if someone follows DCA for 4 to 10 years with less money and cannot buy the whole 1 Bitcoin, there is no problem. Because after 10 years, the value of every Satoshi he has will be several times higher. So even if he cannot buy a whole Bitcoin or a whole Bitcoin, there is no problem because after a long time, the profit will be many times higher than the investment.

You have given a very good argument. Newbies do not need much in-depth knowledge to invest in Bitcoin. If they have only some basic knowledge, they can make a long-term investment decision in Bitcoin. I think 70% of new investors cannot survive, the main reason for this is the lack of right decisions. The Bitcoin market is always unstable and since there is no legal enforcement, the thing that can be observed among new investors is that waiting for a long time becomes a very difficult thing for them.

I think one thing that new investors must be aware of is that they can accept the instability of the market. You have to continue the investment activities keeping in mind the talent of losing money. In this way, you have to move forward bravely and after a long time you will be able to earn very, very good returns.

Hear me out I want to break down the risks potential rewards and your thoughts
Three years ago (2022) I almost did something crazy take a $50K bank loan and buy Bitcoin

I had doubts back then I thought What if it crashes? What if I can’t pay back the bank
I hesitated I played it safe and now looking back BTC has skyrocketed If I had taken that risk back then I’d be sitting on a huge profit today
The thing is the fear of losing the loan kept me from acting
If I had taken that risk I’d be sitting on a life-changing profit today
The regret? Real

few weeks ago I saw my friend took a loan of 30k to buy a new car and I been thinking how people take risk for material things such Car,Trips,Houses etc even to Gamble
I have the House and do own a Car but don't know that is stopping me to take this risk

I know it’s not the same as three years ago BTC is volatile, interest rates are higher and $50K is still a lot to borrow
But I don't want to make same mistake again

So here’s my question
Would you take a $50K bank loan to invest in Bitcoin today?
Or is this just deja-vu waiting to go wrong?

What are the basics that the newbie needs to learn about bitcoin before getting started?

Therefore, I believe delaying investing in Bitcoin until we have discretionary funds is a bad idea. Time is ticking and can't be undone. Rather than training our mentality first, it's better to just start investing. I emphasize again that this mentality will naturally develop once we start investing, and a naturally formed mentality is better. Because, the real test lies in real-world situations.

Michael Saylor Bitcoin deposit campaign is gradually setting the tone for the market. His "BTC on sale" rhetoric is reinforcing trust and keeping buyers' spirits high, especially during significant dips.

Source
Social channels are treating his every move as a kind of alpha leak. However, some are warning about the risks of having such a large amount of Bitcoin in a corporate wallet. As the microstrategy stack grows, the systemic risk also increases because some people say that if a company has such a large amount of Bitcoin in its hands, their financial situation or decisions can directly affect the entire crypto market.This is risky for the entire ecosystem. For example: if they announce that they are buying more Bitcoin, the market will suddenly become bullish. If they signal another sell-off, the market will panic.

It's safe to say that when you're considering investing in anything, especially something as risky as Bitcoin, it's crucial to learn a deep understanding of it. This not only builds confidence in your investment, but also helps you expand your knowledge and increase your profits.

Many people especially beginners sometimes buy Bitcoin without thorough knowledge simply following trends especially now that Bitcoin is at a high price. However they won't be prepared for the high price fluctuations that can lead to panic. However if you have knowledge and have thoroughly studied Bitcoin when fluctuations occur they won't panic because they know that price fluctuations are perfectly normal and can even present opportunities to buy at a discount and hold for the long term. In short investing in Bitcoin requires not only knowledge but also mindset to ensure long term investment.

DCA means Dollar Cost Averaging. it is an investment strategy. where you do not have to invest a large sum at once. you can buy bitcoin with a fixed amount weekly or monthly. for example if you want to buy $120k worth of bitcoin but you do not have enough money. you can following DCA method. you can buy $10k of btc each month for 12 months, and after a year, your target will be reached. the advantage is that when the price drops, you buy more btc, and when the price rises you buy less. at the end of the year, you get an average price.
 
 For example:
 
- month 1: btc price $100 → invest $100 → get 1 btc
 
- month 2: btc price $50 → invest $100 → get 2 btc
 
- month 3: btc price $200 → invest $100 → get 0.5 btc
 
total spent: $300 total coins: 3.5 btc average price per btc: $300 ÷ 3.5 = $85.71
 
advantages: you don’t have to worry about market ups and downs. long-term investing can increase profit. mental stress is less. beginners can invest easily.

disadvantages: if the market only rises, buying all at once could be better. if investing short-term, DCA may give less profit. DCA is a method of gradually investing in bitcoin over time to reduce losses and get a good average price.

Your points are not bad but from my perspective, as a new investor who truly wants to invest and hold for a longer period of time, then what is needed is a basic knowledge of which wallet is best, how to buy and how best to hold what is already acquired while trying to learn other important things in crypto.
It is not nice that we have the money at hand and instead of buying, we want to becomes guru in knowledge before acquiring and you already know what that means that, you will definitely miss out all the ride bitcoin had to offer those period while watching and trying to gather all the knowledge.
It is very much possible to accumulate and hold while we’re trying to learn and by so doing, we are using one single stone to kill two bird, those are the kind of privileges bitcoin and cryptocurrency offers.

The idea of borrowing to invest in Bitcoin just sounds like placing yourself in double risk, because not only are you relying on the uncertainty of the market, you are also dragging in a liability that must be serviced whether profit comes or not..  People forget that Bitcoin does not move at our command, it does not care if you borrowed or not, it will do what it does and if it decides to dip for months, the lender would not care that you’re still HODLing,  they’ll want their money back. That pressure alone can make someone panic sell at the worst possible time, losing both the Bitcoin and still being stuck with the repayment stress..

Another thing is, Bitcoin in its real sense is not even designed for quick money rescue missions, it’s more of a long term preservation tool. When you look at people who succeeded big in Bitcoin, it is mostly those that bought with money they could forget about for a while, not money they needed back next month. Borrowing for such an investment is like planting a tree today and hoping to chop it for firewood tomorrow, it just doesn’t work that way. Even if luck shines and it pumps right after you borrow, that gamble is not sustainable as a strategy, because the same market that went up in your favor can just as easily dump next time..

In my opinion, the smarter way is to always use disposable income, the kind of money you would not cry over if the market takes its time. That way, you give yourself peace of mind and also allow Bitcoin to do its natural growth over the years without forcing your hand. The truth is, investing should never put you in a corner where you are sleepless thinking of how to balance a loan. It is better to miss a move than to force it with debt, because another opportunity will always come. Bitcoin  always have opportunities, but your financial peace of mind should not be gambled away just because of fear of missing out…