If that startegy works for you then you should use it, but you just have to be aware that you are putting yourself at a disatvantage to the rest of the field that does rebuy.
I try to stay as far away as I can from rebuy tournys because if Im in one I take the Daniel Negreanu approach and move in with very loose cards because it doesnt make sense to me why you would because you can just rebuy your chips if you loose.
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