That's a tough game to play, especially if there is a large rake. Do you know what the rake is there?
If the pots get big and people play crazy, I may tighten up a bit and just wait for big hands, or else you will slowly get milked dry. When you do get a big hand it should pay off nicely and you won't be just handing that money right back.
If you do play this way though, be sure to jump in every once in a while, or else everyone will know what you have when you do get in there (unless they are truly bad players and only worried about their holdings and not yours).
So, quick advice, tighten up, be patient, and you will get paid off eventually.