Mistake passing up on-cycle?

Incoming IB An at a BB. Will be at a top bank/group. Decided I will pass on on-cycle recruiting. I don’t feel like a career within the buy side aligns with my life plan. Long-term, plan to go back to my home city, which doesn’t have many buy side firms. Also a career on the buy side seems very unstable, with unassured comp and spots being limited. Seems like most take the same 2+2 route. Would it be a mistake passing up on-cycle?

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