The value in tournaments is usually that people play too much. VPIP 50% is WAY too much for tournaments. As chips lost are more valuable than chips won, you just can't see every flop.
If it is normal tournament, you will have time in the first levels. Just play tight, and play from position. You don't need to flip.
When the stacks get shallower, you need to gamble a bit. Wait for good hands, and then play them. If you have 12bb stack, and you pot preflop, you have about SPR 1 or less on flop. So it's always nicer to commit yourself with some kind of a hand. KKxx is better than QJT9. As you will have at least that KK on flop.
The beauty of plo tournaments is the threat of gambling. If you have bigger stack than other players, you can really put pressure on them. I mean, if you raise preflop they would put big amount of their stacks in preflop. They can't really just call preflop and fold flop if they don't hit the nuts. So with small stack they are usually forced to 3bet you if they want to play their hand. Now as random hand is about 40% against even aces, they don't have much folding equity against big stack.
Like if you have 50bb stack and villain has 10bb stack. You open 3,5bb, he can't just call. If he has aces, he will shove. You have big stack so you can easily pay the 6,5bb to flip. That forces him to have a real hand to 3bet with. If he has kings, he might be afraid to 3bet them. If he has queens, he might fold them pretty often. If he has anything else, he will fold them too often.
That way you can really hammer the smaller stacks with big stack. Especially in bubble. Most of the players are too weak to gamble against you, they just wait for the aces. So you can steal the blinds over and over again, and when someone finds them aces you gamble with 40-50% equity.
In tournaments, people are bluffing WAY less than in cash games. If someone raises you on river, he usually has the nuts.
To make it short: you don't have to play loose in the beginning. Wait for good hands and good spots. When the blinds go up and your stack goes down, you need to try to double up. With 10bb stack you can't really wait for long.