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Top Six Tips When You Start Investing in Cryptocurrency

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The cryptocurrency market has been on fire this year and growing numbers of people are curious about how to start investing. It can be confusing if you don’t understand how it works. However, you can learn what you need to know and start out slowly. Whether you want to buy bitcoin or spread your investments between different cryptocurrencies, it is important to understand how it works. Continue reading to learn six tips when you start investing in cryptos.

1. Use a Crypto Wallet

When you buy crypto on an exchange, you can keep it there. However, crypto is mostly decentralized and uninsured; if someone hacks the exchange and takes your crypto, you won’t be able to recover it. You can use a digital crypto wallet or a hardware device to store your crypto investments. Once you buy Bitcoin or another crypto, send it to the wallet using its unique code.

Remember that if you lose your crypto wallet or you lose your passwords to access it, your crypto will be lost forever. Make sure that you keep it secure just as you would a wallet with paper money

2. Be Aware of Transaction Fees

When you buy, sell, or convert cryptocurrency, you will have transaction fees. The fee is usually a fraction of the amount of crypto you are using in the transaction, and it varies depending on the amount of congestion and the amount you are using. When bitcoin is moved, the transaction is added to the blockchain, where there is a ledger that keeps a record. These charges are a part of investing in crypto so you need to be prepared for them and factor them in.

3. You Will Pay Taxes on Your Gains

If you make money investing in cryptocurrency, you will have to pay taxes on your gains. You have to sell it for a profit to pay taxes and it is your responsibility to make sure that you report it. You need to know how much money you make or lose on your investments.

Trading cryptocurrency is still mostly unregulated, so most exchanges do not keep track of this information the way that banks or traditional brokerage firms do your traditional investments. Make sure that you report your gains to the CRA and keep good records so that you can calculate whether or not you owe income taxes at the end of the year.

4. Be Serious About Cyber Security

It is very important to treat your cryptocurrency accounts just as you would any sensitive financial information. Do not use passwords that are easy to figure out. You should make them unique and complex. If you have the option for two-factor authentication, you definitely want to enable it. If you use more than one exchange, make sure that you have different login information for each one. Throughout the year, change your password two or three times to make sure that they are impossible to figure out.

5. Be Aware That Cryptocurrency Is Not Insured

When you deposit money into a CDIC-insured Canadian bank, your money is safe if the bank fails. You never have to worry about what happens to the bank because you will get your money back. Crypto doesn’t work the same way. If the exchange or platform that you are using has a problem, such as being hacked or going under, you will lose anything that you have on the platform. This is why you should always move your crypto assets to your own personal digital or hardware wallet.

6. Start Out Slowly

When you watch different cryptos increase dramatically in one day, it can be tempting to invest a lot of your money in hopes of riding it up. However, you need to know that it can go back down as quickly as it went up. Crypto is still largely unregulated and quite volatile, and you should start off slowly.

You will want to diversify your holdings by choosing two or three different ones to start. Over time, you can add in other cryptos and increase how much you have invested. Take it slow while you are learning and never invest more than you can afford to lose. You can learn as you go and invest more when you have a better handle on the market.

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

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Cold Wallet Offers 3,632% Gains Ahead! Polygon Show Rally While Dogecoin Remains Uncertain

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The current altcoin market shows three distinct paths, yet only one project appears to be advancing at top speed. Polygon (POL) has been trading tightly between $0.22 and $0.23, with over 3 million daily transactions and ultra-low fees pointing to strong fundamentals for a possible 100% rise. Meanwhile, Dogecoin (DOGE) could revisit $0.18 for liquidity before a potential climb to $0.30, but a drop under $0.15 could shift sentiment fast.

Cold Wallet is positioned as the best new crypto to buy now. Following a $270M acquisition of Plus Wallet, it has integrated more than 2 million active users before launch, backed by a live cashback rewards system. At its Stage 17 presale price of $0.00998, with a confirmed listing at $0.3517, the 3,632% growth potential is clear. While many projects still seek adoption, Cold Wallet is already operating at scale.

Polygon Targets 100% Upside as Network Activity Grows

Polygon (POL) has been building momentum within a symmetrical triangle formation. Trading between $0.22–$0.23 resistance and $0.19–$0.20 support, a breakout above $0.23 with strong volume could trigger a rally toward $0.55.

The network’s on-chain activity remains strong, handling more than 3 million transactions daily with fees under $0.002. This combination of solid technical positioning and active usage makes Polygon a notable candidate for a potential breakout in the near term.

Dogecoin Faces Critical Levels Before Next Move

Dogecoin (DOGE), holding around $0.20, is at a deciding point. Its price structure shows higher highs and a solid demand zone, suggesting potential upward movement. A controlled dip to $0.18 might serve to gather liquidity for a stronger push.

If upward momentum holds, $0.30 could be the next target, supported by steady whale accumulation and neutral sentiment. However, losing $0.15 support could reverse the outlook, making it essential for traders to watch these levels closely before making moves.

Cold Wallet’s $270M Plus Wallet Acquisition Changes the Game

The $270 million acquisition of Plus Wallet gives Cold Wallet a pre-launch advantage that few achieve. Instantly bringing in over 2 million active users, it bypasses the post-launch adoption struggle that most projects face. This integration connects Plus Wallet’s infrastructure directly to Cold Wallet’s cashback system, refunding gas, swap, and bridge fees in CWT.

This translates into immediate usability from the start. The deal also imports Plus Wallet’s streamlined design, appealing to users frustrated with outdated interfaces from platforms like MetaMask and Trust Wallet.

Cold Wallet is not entering the market as an unknown but as a fully functional, revenue-ready platform. With Stage 17 presale pricing at $0.00998 and a confirmed listing of $0.3517, early participants could see a 3,632% return. With each presale stage selling out and over $5.9 million already raised, the remaining window to secure this price is narrowing quickly.

Final Call

Polygon’s potential breakout hinges on clearing $0.23 with conviction, while Dogecoin’s setup depends on holding above $0.15. Both carry opportunity, but also uncertainty. Cold Wallet, by contrast, enters with a strong structural advantage, backed by a $270M acquisition, 2 million active users, integrated in-app swaps, and live USDT referral rewards.

At $0.00998 in Stage 17, against a confirmed $0.3517 listing price, the 3,632% gap is compelling, though it narrows with each crypto presale stage sold. Where Polygon’s upside is driven by technicals and Dogecoin’s by speculation, Cold Wallet’s is fueled by an already proven and scalable framework. In markets like this, early recognition often determines the biggest gains.

Explore Cold Wallet Now:

Presale: https://purchase.coldwallet.com/

Website: https://coldwallet.com/

X: https://x.com/coldwalletapp

Telegram: https://t.me/ColdWalletAppOfficial

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The Global Launch Model: Here’s How BlockDAG Is Rewriting the Layer-1 Playbook with $371M Raised

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In the blockchain world, most Layer-1 launches follow a familiar path, raise capital, release a whitepaper, launch a testnet, and wait for adoption after mainnet goes live. BlockDAG is taking a different route. With $371 million already secured, over 200,000 holders, and more than 2.5 million active miners on the X1 app, this hybrid Layer-1 is entering the market as though it has already been operating for years. By blending mass adoption methods, strategic partnerships, and practical use cases before launch, BlockDAG is shaping a new global standard for blockchain rollouts.

Building Utility & Adoption Before Mainnet Launch

Rather than waiting for mainnet to begin user acquisition, BlockDAG has been expanding its ecosystem in advance. Its X1 mobile mining app has attracted millions of users, giving them a role in BDAG’s network before any mainnet blocks are processed. 

At the same time, over 19,200 X-Series miners have been distributed worldwide, creating a robust Proof-of-Work backbone that will secure the network from its first day. On the development side, more than 4,500 builders are creating over 300 decentralized applications, ensuring that BlockDAG’s launch will come with a ready marketplace of tools and services.

These efforts are supported by partnerships designed to generate real activity, not just publicity. Collaborations with Inter Milan, UFC champion Alex Pereira, and professional teams like the Seattle Seawolves and Seattle Orcas connect the brand to millions of fans. 

These deals extend beyond brand exposure, offering tokenized collectibles, fan reward systems, and interactive experiences that make BDAG part of the events themselves. Additional partnerships in gaming, streaming, and NFT spaces further embed BDAG into digital communities where adoption often starts.

A Multi-Channel Strategy for User Growth

BlockDAG’s adoption model pairs accessibility with scalability. The X1 app makes it possible for anyone to mine BDAG from their phone at minimal energy cost, while X-Series hardware miners deliver higher performance for those seeking greater returns. This two-level mining system ensures that casual participants and dedicated miners can both engage with the network.

EVM compatibility also allows Ethereum-based projects to migrate easily, enabling developers to deploy applications quickly and reducing friction for businesses and creators wanting to build on BDAG. With $371M already raised in presale funding and a $600M target on the horizon, BlockDAG is positioned with one of the largest pre-launch treasuries among recent Layer-1 projects. Batch 29’s current price of $0.0276 remains below the intended $0.05 listing price, giving presale participants potential upside both at launch and over the long term.

Ensuring Global Distribution for Decentralization

One of BlockDAG’s central launch priorities is achieving geographical decentralization. By distributing hardware miners worldwide and onboarding users through the X1 app, the project minimizes the risks associated with regional concentration. This approach enhances censorship resistance and increases resilience against local regulatory challenges or infrastructure issues.

Many new Layer-1s face the “empty chain” issue after launch, minimal users, few apps, and limited liquidity. BlockDAG’s strategy aims to prevent this, ensuring that the core ecosystem, miners, users, developers, and applications, is fully active before the first mainnet transaction. This foundation should help generate immediate transaction volumes, staking engagement, and application usage once the network is live.

Final Thoughts

BlockDAG’s global launch plan is more than a presale milestone; it is a model for reducing the risks of launching a blockchain. By building an audience, preparing infrastructure, and securing utility before mainnet, the project is positioning itself as a complete ecosystem from day one. With millions of participants, thousands of active developers, a distributed mining base, and one of the largest funding rounds in recent years, BlockDAG is entering the market with momentum that few new networks can match. If successful, this strategy could become the template for how future Layer-1 projects approach their path to launch.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu 

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ROM: Golden Age Now Live Worldwide — New Web3 MMORPG Debuts on WEMIX PLAY With Rewards & Events

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The wait is over. <ROM: Golden Age> launches globally today on WEMIX PLAY, ushering in a brand new chapter for both MMORPG fans and Web3 gaming enthusiasts worldwide (excluding Korea, China, and Singapore). With its expansive fantasy world powered by blockchain technology, innovative dual-tokenomics, and seamless cross-platform connectivity, <ROM: Golden Age> is finally here to make its mark on Web3 gaming history.

A Landmark Launch

From today, players around the world can step into the world of <ROM: Golden Age>, a groundbreaking MMORPG that merges classic gameplay with cutting-edge blockchain mechanics powered by the WEMIX (WEMIX) ecosystem. Whether embarking on solo quests, teaming up in squads, or engaging with the play-to-earn economy, players can now start their own epic journey and unlock real digital asset ownership

To ensure a smooth entry, pre-downloads became available on August 11 at 06:00 UTC via Google Play, Apple App Store, and the official website, allowing players to access game files ahead of time and jump in as soon as the servers went live.

Record-Breaking Pre-Registrations

Ahead of today’s launch, <ROM: Golden Age> made headlines by surpassing 5 million global pre-registrations on WEMIX PLAY. This incredible milestone demonstrates not only the international excitement surrounding the title, but also a strong demand for quality Web3 gaming experiences from players everywhere.

Celebrate With Web3 Events & Rewards

To commemorate both the massive launch and the outpouring of community support:

  • Bonus Draw Event: Players who registered early are now part of a special lottery with exciting rewards, including:
    • 1st place: 24,000 PLAY tokens (~USD$74,000)
    • 2nd & 3rd place: 1,000 PLAY tokens each

Pre-registration and ticket issuance have closed as of August 11, 14:59 UTC

Ticket usage remains open until August 14, 10:00 UTC

The draw event will take place on August 14 at 13:00 UTC

  • Staking Rewards: Staking rewards are currently live, giving committed players the opportunity to earn from their participation in the WEMIX (WEMIX) ecosystem from the very start.
  • WEMIX PLAY Fireside Chat: On August 14 12:00 UTC, WEMIX PLAY team will release the Fireside Chat video on WEMIX Youtube Channel (with English subtitles), recapping the launch, discussing the game’s achievements so far, the upcoming launch of Legend of Ymir, and connecting directly with the global community.

What Sets <ROM: Golden Age> Apart?

  • Innovative Dual-Tokenomics within the WEMIX (WEMIX) Ecosystem
    By leveraging both PLAY and CROM tokens on the WEMIX (WEMIX) blockchain, <ROM: Golden Age> delivers true in-game asset ownership, seamlessly bridging traditional MMORPG gameplay with real-world value.
  • Global Infrastructure Powered by WEMIX PLAY
    Launching in over 170 countries, the game features real-time translation, cross-platform play, and blockchain-integrated services to ensure a seamless, borderless experience for the global player base.
  • Community & Events at the Core
    From high-stakes Bonus Draw Events to ongoing community-driven campaigns and AMAs, the <ROM: Golden Age> and WEMIX PLAY teams place players at the heart of every initiative, fostering a thriving and engaged community.

With its strong MMORPG legacy, blockchain-native tokenomics, and deep integration into the WEMIX (WEMIX) ecosystem, <ROM: Golden Age> stands as a flagship addition to the platform – offering a token-powered experience that resonates with both crypto-native gamers and long-time MMORPG fans. 


Join the launch celebrations, take part in community events like the Bonus Draws and ThankYou AMA, and become part of a rapidly growing global gaming movement – starting today. For the latest updates, event details, and community discussions, visit the official WEMIX PLAY platform and join our official Discord channel

#WEMIXPLAY #ROMGoldenAge #WEMIX #CROMToken #CrystalToken #Web3 #P2E #RPGTokenomics3.0 #GameFi #MMORPG 

Relevant Links: 

WEMIX PLAY: https://wemixplay.com/@rom_goldenage

Google Play Store: https://play.google.com/store/apps/details?id=com.redlabgames.romgoldenage

Apple App store : https://apps.apple.com/app/rom-golden-age/id6746411567

Official Discord : http://discord.gg/rom-goldenage

Official Website: https://romgoldenage.com/en

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