But then you don’t have the advantage of avoiding capital gains, which is how I am planning to beat the next bear market. If it works out, I will be able to retire on this alone and never touch my bitcoin stack. Not financial advice. 

 You're also hoping those ETFs don't get 6102'ed before you retire. 

 It’s a risk, but they would still have to exchange it for fiat value. I don’t think that’s going to happen in the time frame I’m working with.