In crypto, Hopium combines the words “hope” and “Opium”, which is a medicine. “Hopium” used among online communities is an internet slang term used to mock blind hope or optimism. Hopium can sometimes describe a fictitious drug one takes when one needs hope.
What is Hopium?
In crypto, Hopium identifies an investor who holds false, unfounded hopes in his investments. For example, Hopium describes an investor who believes that a dead coin still has potential and will be successful. Term suggests that the investor is blinded by denial. It also carries a negative connotation as it is used to mock individuals with unrealistic hopes. Sometimes the term is used to describe themselves sarcastically.
The term hopium is also associated with “Copium” used in a situation where an investor cannot “handle” the harsh realities. Although both terms share similarities in their usage, they are not related as they are used in different contexts.
Hopium is used to describe unfounded hope, while Copium refers to coping mechanisms used to deal with a negative situation.
