I bought a large lump sum of IBIT in a registered account because I wanted Bitcoin exposure with tax advantages. I now realize there are trade-offs: I don’t hold the underlying asset directly, there are management fees, and I ended up buying near a market peak. With the subsequent drawdown, roughly 25%–30% of my portfolio is now exposed to Bitcoin through an ETF. This would likely drift closer to ~15%–20% in a deeper correction unless I continue adding. To manage this, I started DCAing into ETFs in January (~$2k/month). My original plan was: Continue DCA until the next Bitcoin halving (expected ~April 2028) or until BTC returns to ~$100k Hold through the post-halving cycle and potentially sell ~16–18 months after the halving (around late 2029) (reversed DCA) After BTC reaches $100k, redirect new contributions ($2k/month) into diversified equity ETFs (e.g., S&P 500 or similar) Buying back by DCAing the amount i sold during next bear market. Now I’m questioning the structure of this approach.…