Copium is a slang term used to describe a coping mechanism for those experiencing disappointment or loss, particularly in markets like cryptocurrencies. When traders or investors face setbacks, they may cling to unrealistic hopes or beliefs about a coin’s future performance. This behavior can be seen as an emotional response to avoid facing harsh realities.In online communities, especially social media and forums, people often joke about copium when discussing price drops or project failures. Phrases like “just take some copium” suggest that someone should try to stay hopeful, even when the situation appears bleak. While using copium can provide temporary comfort, it may also lead to poor decision-making if individuals refuse to acknowledge risk or adapt their strategies. Balancing optimism with a realistic assessment of market conditions is crucial for long-term success in investing.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the