I doubt if people are/is actually loosing hope in Bitcoin because of it current movement because I know people who are craving to just know how Bitcoin works so that they can start investing. The people that can actually loose hope are those people that engage themselves in gambling and trading Bitcoin and hasn't make good profit which is not the best way to go about Bitcoin investment. Anyone that understands how Bitcoin works and knowing that the best way is to invest for long period can/will never loose hope.
How does bitcoin work properly.
I think one of them is to keep buying and holding it.
There is no other way than the mistakes made by investors because they panic.
How people perceive losing hope in Bitcoin.
No one has lost hope in bitcoin, even John McAffe who has left predicted that the price of bitcoin will reach $1 million dollars, he did not lose hope, but unfortunately he has died so his hopes will be seen by many others in the future.
Don't be too desperate, if you make a mistake in your first investment, then you can fix it, my advice is to forget your past and focus on investing in bitcoin the right way.