Your warning was wrong though. The price went up to over $300, so buying on the IPO would've been the correct decision if you also sold them at the beginning of the year.
It's just a high risk high reward gamble as everything related to crypto
Initially it was 'reported' and estimated at $200 - $250 for the IPO price, but actually started trading at over $400 a share [0], which is the near top where the majority of retail entered and bought in at those prices.
After the first day of trading, it went down to $328.28 a share. [0]
So my warning was correct to not buy on IPO day or even anywhere near those prices.
It's just a high risk high reward gamble as everything related to crypto