Firstly, despite Bitcoin's distinctiveness and its own complexity compared to other financial forms like fiat currency, gold, etc., its essence remains "money."
Secondly, the price volatility of Bitcoin is highly enticing; it constantly alters our psychology, which is why I refer to Bitcoin as a financial game.
Bitcoin is still money or rather let's just call it an improved version of the fiat. It has its distinct quality, advantages and disadvantages just like the fiat but it advantages outweighs most of its obvious limitations. Volatility isn't a bad nature of Bitcoin but is more of an added quality that makes Bitcoin to be unique. If you're looking at holding Bitcoin as an asset that you're investing into, then volatility is at the core of it's worth but when you're looking at Bitcoin as a core store of value that could make international transaction easier and less stressful, the effect of volatility doesn't become a serious consideration at all.
Be mindful: if it's a game, there are rules to follow, risks involved, and winners and losers. Before you engage, research investment strategies, media influence, key influencers, benefits, risks, etc. Take charge of the game; don't let it control you.
I doubt its as complex as you're portraying it here. Except you're considering trading Bitcoin or you're mixing Bitcoin and altcoin to having same risk, sticking to owning only Bitcoin alone isn't all too complex and you might not necessarily the effect of media influence, and key influencers while holding on to your asset. Even though the big whales and key influencers makes decisions that will affect its price, it's not possible that all of then will suddenly make those kind of decisions and even when some decides to sell off thier holding and leave the scene, other big influence will still join the Bitcoin system.