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Author: Admin | 2025-04-28
But, unfortunately, this enthusiasm can lead to tribalism and extreme behavior toward one another. We can see this in proponents of crypto traders’ responses to no-coiners like Warren Buffett, etc.Some say no-coiners suffer from ressentiment. Ressentiment is an unresolvable sense of failure projected on an external source. By giving the unresolved feeling of loss to an external target, the ego absolves itself of culpability. It’s not the no-coiner’s fault crypto hasn’t made them rich. It’s dumb luck that some people got rich off of a fad that will pass, and when the trend dies, the no-coiner will stand above the fallen crypto trader in victory and finally be able to process their unresolved loss.Wait a minute! In all the excitement, I forget to lead into another term from FOMO and FOBO: FUD, of course.What is FUD?FUD is fear, uncertainty, and doubt. Let’s use it in a sentence. Crypto nerds advise HODL despite the FUD of Weakhands. Did you understand that? Congrats! There’s not much else to say here. FUD is pretty simple. Heck, even HODlers feel FUD on occasion. With that said, let’s talk about hopium.What is Hopium?You should always back up your belief in a cryptocurrency from research and analysis; otherwise, you might become a hopium addict. Hopium is an irrational hope or unwarranted optimism about something. For example, if one thinks that the SEC will accept cryptocurrency with open and loving arms, they suffer from hopium. The term hopium is a relative of the term copium, which is what someone does when they cannot accept the truth and instead continue believing a lie. Speaking of hopium, some investors can’t let go of a dream they have of their favorite new coin that’s going to be the next Bitcoin. However, it turns out that they suffered from hopium and
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