What Does Copium Mean?
The term “Copium” merges the words “Cope” and “Opium”, a drug. Used among online communities, “Copium” is an internet slang term which an individual who is in denial and unable to cope with reality.
The word “Copium” can sometimes describe a fictional drug one would take when coping with something.
What Does Copium in Crypto Mean?
In crypto, “Copium” describes an investor who is in denial and unable to accept hard facts. For example, if an investor has lost all his money in an investment, he might say “in need of copium”.
The term “Copium” is also related to “Hopium”, which is used to mock unfounded and unrealistic hope or optimism. While both terms share similarities in their usage, they are not related as they are used in different contexts.
In essence, “Hopium” is used to describe unfounded hope. While “Copium” refers to the coping mechanisms used to deal with an unfavorable situation.
Connotation
The term carries a negative connotation as it is used to describe an individual who is delusional or in denial.
Example
Here are some ways “Copium” can be used:
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It’s ok, I am not down that much…. just have to sell my house #Copium
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Another day another Copium
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Copium to the max
Many will get the alpha, only few will act.
— Crypto Wealth Embassy🔶 (@CWEmbassy) July 9, 2023
Then the few rejoice and the many drink copium 🫡
Hwee Yan has been involved in the cryptocurrency space since 2021. Currently pursuing a degree in Linguistics and Multilingual studies at Nanyang Technological University, she is a writer who is mainly interested in NFTs, crypto trends and memecoins. Follow the author on Twitter @cryptohy8