No one know how it’ll go so I’d personally be reluctant to offer any suggestion.
Instead here’s a list of recent IPOs - I’d suggest go take a look at their charts to see if you identify any patterns. The below is a mix of the highest profiled IPOs (top half) and some lesser knowns (bottom) so you have a decent spread to look at;
LMND
RKT
BIGC
CVAC
XPEV
RXT
LI
NCNO
API
NNOX
VRM
EBON
BEKE
DCT
If your intention is to buy and hold for years then a little depreciation shouldn’t matter.