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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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DOGE Holds Strong & HBAR Targets $0.19 But BlockDAG’s $333M Presale & Seattle Orcas Deal Dominates Crypto Headlines

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Smart traders are always on the lookout for the next crypto about to explode, knowing that getting in early means bigger returns when momentum hits. And today’s update features three coins worth watching.

Dogecoin’s price trend is flashing bullish signals as it holds above key support, with whale accumulation steadily rising. Hedera’s price forecast is following a similar path, with a breakout likely if it can clear the $0.19 resistance level.

Meanwhile, in the presale market, BlockDAG (BDAG) is leading the charge. The project just announced a major sports partnership with the Seattle Orcas, a top franchise in Major League Cricket (MLC). With over $333.5 million already raised, analysts say this collaboration could fast-track BDAG’s global adoption. So, which of these cryptos deserves the top spot in your Q3 portfolio? Let’s find out.

Dogecoin Price Trend Signals Breakout

The Dogecoin (DOGE) price trend is showing signs of a potential breakout, with DOGE holding strong above the key $0.13 support level. This zone has been tested multiple times in 2025 but hasn’t broken, showing solid buying interest. On the chart, DOGE is forming a falling wedge pattern, which adds to the positive outlook. 

Beyond charts, rising whale activity is also contributing to the bullish Dogecoin price trend. Wallets with 1M to 100M DOGE are increasing, while smaller wallets are declining. Large transactions above $100K and $1M are also rising, suggesting that major players expect a price move soon. 

Hedera Price Forecast: Key Test at $0.19 Resistance

Hedera (HBAR) has had a bumpy ride through the first half of 2025. After reaching a high near $0.40 in January, it trended down as global tensions and weak market sentiment took hold. In April, the trend shifted when HBAR broke out of a falling wedge, boosted by a broader crypto rally. It surged nearly 80%, rising from $0.125 to $0.228 by mid-May. However, renewed uncertainty pulled the price back down. 

Still, key support levels have held strong, showing buyers are stepping in. The current Hedera price forecast rests on its ability to break through the $0.19 resistance level. If that happens, analysts expect a move toward $0.23 as the next key target.

BlockDAG Scores Big with Seattle Orcas Partnership

BlockDAG has just taken another big step in its global run, locking in a fresh sports deal, this time with the Seattle Orcas, a major franchise in Major League Cricket (MLC). With cricket pulling in over 2.5 billion fans worldwide, this move plants BlockDAG right in the heart of one of the world’s most-watched sports. 

As the Orcas’ Official Blockchain Partner for 2025, BlockDAG will roll out co-branded content during the season, player-led videos, match recaps, predictions, and behind-the-scenes footage fans don’t usually get to see.

And the timing’s spot on. The Orcas just grabbed two back-to-back wins, first chasing a record 238 runs against MI New York on June 28, then beating the LA Knight Riders the very next day. It’s the kind of shift that puts a team back in playoff talk.

This collab isn’t just about branding, it’s about showing millions of fans how blockchain can actually be part of what they already enjoy. And so far, it’s working. BlockDAG’s presale has crossed $333.5 million, with over 23.7 billion coins sold. BDAG is currently priced at $0.0016 in Batch 29, a special rate running until its GLOBAL LAUNCH release on August 11. 

With the launch price set at $0.05, early buyers are positioned for a 3,025% return right out of the gate. Some analysts are even calling it the next crypto about to explode, with long-term forecasts pointing to a potential $20 price by 2027.

The Next Crypto About to Explode in 2025

The Dogecoin price trend looks bullish, with rising whale accumulation and a falling wedge pattern signalling a potential breakout above $0.13. Similarly, the positive Hedera price forecast depends on its move above $0.19, which could pave the way toward $0.23.

But for those watching for the next crypto about to explode, all signs point to BlockDAG. With the launch price locked at $0.05 and the current entry set at just $0.0016, early buyers stand to gain a 3,025% return once the coin goes live. 

Its new partnership with the Seattle Orcas is expected to drive global adoption, bringing blockchain into the mainstream through cricket’s massive fan base. However, the discounted price is only available until August 11, meaning now is the ideal time to get in before BDAG takes off.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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4 Most Promising Cryptos in 2025 That Could Deliver Biggest Returns: BDAG, HBAR, FIL, & ALGO!

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The hunt for the most promising cryptos in 2025 is getting stronger as upcoming projects aim to solve daily challenges with better speed, safety, and real use. As the crypto market moves ahead, people are looking at coins with solid technology and real-world usage instead of mere hype.

This article reviews four top names gaining focus this year: BlockDAG, known for its hybrid blockchain structure; Hedera (HBAR), offering high-speed enterprise transactions; Filecoin (FIL), which drives decentralized storage; and Algorand (ALGO), known for its fast smart contract system. Each project brings unique value, making them worth noting for those watching the most promising cryptos in 2025.

1. BlockDAG: Leading Future Blockchain Networks

BlockDAG’s presale success is grabbing intense attention across the crypto world. The project has raised a staggering $332 million so far, proving its dominance as one of the best cryptos to buy in 2025. With over 23.6 billion coins sold across 29 batches, its presale momentum remains unstoppable. Currently, BDAG coins are available at just $0.0016 until August 11th, giving buyers a rare chance to lock in holdings before the next price surge. 

Behind this hype is BlockDAG (BDAG) Network’s powerful hybrid technology. Its Directed Acyclic Graph (DAG) structure, combined with Proof-of-Work consensus, unlocks massive scalability and high security. Unlike traditional chains that process transactions sequentially, BlockDAG’s DAG model allows multiple transactions to be processed simultaneously. 

Adding massive hype is BlockDAG’s newly launched Summer Raffle for a limited time. Users can earn multiple tickets with each deposit to win life-changing prizes. 

Bronze tickets start at $100 a chance to win up to $250,000 USDT. Silver tickets require a $200 deposit and a prize of up to $500,000 USDT. Gold tickets, priced at $400, give the highest winning odds and the chance to win the $2 million USDT grand prize. The more you buy, the more entries you get, making this summer’s raffle unmissable for anyone aiming to boost both their holdings and their luck.

2. Hedera (HBAR): Enterprise-Ready Speed and Security

Among the most promising cryptos in 2025 is Hedera (HBAR), gaining support for its strong and fast network built with Hashgraph technology. It offers quick transaction completion, fitting well for businesses with large operations.

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Hedera’s energy-saving and scalable build appeals to companies looking for long-term growth. Many place HBAR on the list of most promising cryptos in 2025 due to its council of trusted firms and rising developer interest. Its updates to the consensus service and token use are expanding its real-world reach.

3. Filecoin (FIL): Powering Decentralised Storage

Filecoin (FIL) earns its place among the most promising cryptos in 2025 due to its role in storing data across decentralized networks. It allows users to rent out extra digital space, creating a shared storage market.

With data needs rising daily, Filecoin’s system offers a safe and efficient option for future data use. Many see FIL as part of the most promising cryptos in 2025 as its technology gains real use in cloud storage beyond centralized systems.

4. Algorand (ALGO): Smart Contract Speed with Scale

Another project among the most promising cryptos in 2025 is Algorand (ALGO). It supports fast and scalable smart contracts with low fees through its Pure Proof of Stake design.

ALGO remains attractive to developers building apps needing high speed. Its focus on safety, ease of use, and constant upgrades has secured its place among the most promising cryptos in 2025. Recent protocol changes and new ecosystem partnerships are also driving its growth.

Final Words!

In the competitive crypto space of 2025, every project brings its own special strengths to note. Hedera stands out for its high-speed service suited for businesses, Filecoin maintains its lead in decentralised data storage, and Algorand stays firm with its advanced smart contract features.

However, BlockDAG holds a special spot among the most promising cryptos in 2025. Its hybrid technology, strong presale results, and practical apps show it as a project with real use potential. As the year progresses, these four remain the most promising cryptos in 2025, but BlockDAG’s growing network and vision make it the one to follow closely.

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OFZA Appoints Amir Tabch as CEO to Lead Next Phase of Regulated Growth 

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OFZA, the UAE-born, regulator-aligned cryptocurrency exchange, has appointed Amir Tabch as Chief Executive Officer to lead OFZA through its next stage of growth and market activation.

This leadership milestone reflects OFZA’s deepening commitment to building the most trusted crypto exchange in the region—one that’s designed from day one to align with regulations, empower users, and scale without shortcuts. 

A seasoned executive with over 20 years of experience across large regulated financial institutions, digital-led startups, and crypto-native platforms, Tabch brings the kind of strategic leadership that matches OFZA’s mission: to make digital asset trading safe, simple, and accessible for everyone.

A person in a white shirt and tie

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OFZA isn’t here to be the biggest. We’re here to be the most trusted,” said Tabch. “That means regulatory-first principles, real operational substance, and a platform that puts both retail and institutional users first.”

Fully licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), OFZA is authorized to provide Broker-Dealer Services, Exchange Services, Management and Investment Services, and Advisory Services. The platform is built with local governance, regulatory clarity, and security-first architecture designed for long-term credibility. 

The firm’s mission is to empower and educate individuals and businesses to take control of their financial future by simplifying crypto trading and removing barriers to entry. OFZA combines a secure, regulated infrastructure with an intuitive user experience and practical tools, making digital asset trading safe, simple, and accessible. 

With Tabch at the helm, OFZA is not just announcing a new CEO—it’s signaling the rise of a new kind of crypto exchange: born regulated, built for trust, and ready to scale responsibly. 

About OFZA

Headquartered in Dubai, OFZA is a full-service, VARA-regulated Virtual Asset Service Provider (VASP) that allows traders to buy, sell, and trade a wide range of digital assets. By providing a cohesive platform of innovative technology, robust security measures, and a customer-first approach, OFZA is poised to disrupt the trading experience in the Middle East region.

For more information, visit https://ofza.com/en.

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