Keep at it! You will probably be totally sold on it by the 3rd or 4th cycle.
I do like my cup more now that I've given it a number of cycles. I still struggle with placement though. I like not using pads or tampons more than I dislike the awkwardness of inserting a cup though.
Have you try to fold it a different way? The first time i used it, I did the same as you and hated it. The second time, I tried a different folding and love it since
I haven't tried different folds. The Diva Cup only recommends one fold, so I didn't mess with other fold options. I did, however, cut off the entire stem. It has made it much more comfortable.
I'd love to hear what you've got to say. Please leave a comment and I'll do my best to reply to them all.