Hopium
Etymology
A blend of hope and opium, on the same model as copium and older than it. It was used for years in stock- and crypto-trading forums and in political commentary to mock people “high” on unfounded optimism.
noun · /HOH-pee-um/
Irrational hope clung to against the evidence, as if optimism itself were a drug.
What it names
It names the intoxicating faith that a bad situation will still turn around — the refusal to update on the odds because the hope feels too good to give up.
Example
Every dip, he buys more and calls it conviction — it’s hopium.
Related idea
Where copium soothes a loss that has already landed, hopium looks forward — an intoxicating faith that the loss can still be reversed.
See also