People still invest in BTC and other cryptocurrencies without really knowing what it's all about, but that may not even matter.
Because it doesn't really matter. As much as people hate FOMO and panic sellers(but mostly panic sellers), both will always exist in any free market, and should be totally expected if you have at least basic knowledge on how markets work.
It seems so easy to get, yet many fail to understand these basic principles. Bitcoin, as an asset, can't be any different from any other asset class we are familiar with.
The biggest difference, la raison d'etre, is all that powers its mechanics: free, open-source, censorship-resistant etc. We said it too many times already.