Lydia Biel


With private construction finance you can finance your own property, for example a single-family house or a condominium. The prerequisite is that you use the property yourself and not rent it commercially.

There are three ways you can finance your property:

Equity: You use your cash, such as bank and savings balances, or your securities or shares, provided that they can be sold.

Own work: You are involved in the construction or renovation yourself. In this way you can reduce the total costs and thus also the capital requirements.

Borrowed capital: If you do not have enough equity capital, you can take out a loan from a bank or a private person, for example a relative.

Whenever you take out a mortgage loan from a credit institute or a building society, the contract contains the term , the interest and the registration of a land chargeagreed in the land register. With the land charge, the institute secures a right of access to the property if the borrower can no longer pay his installments or the remaining debt due. The loan interest is usually fixed for five, ten or 15 years, depending on the contract period. In recent years, contracts with fixed interest rates for a period of 20, 25 or 30 years have also been increasingly offered. But there is also construction financing with a variable interest rate, which depends on developments in the money market.

You usually repay the loan monthly in so-called annuity installments (annuity loan). In addition to the interest, the annuity rate also includes a repayment portion. During the whole term, the number of the instalments remains the same. The amount of the debt is lowered by annual repayments, meaning that the interest portion of the monthly payment is continuously decreased. Around the same time, the repayment portion is raised by the saved interest arising from a successive decrease in the amount of the debt.

If the loan amount is not fully repaid after the contractually agreed period, there are two options: Either you redeem the loan and pay back the remaining amount from your own funds, or you need follow-up financing . This means that you conclude a new loan agreement for the entire remaining amount or part of the amount. In addition to annuity loans, there is a fixed loan with a repayment replacement function, in which the loan is replaced by a life insurance or a building society loan agreement. With fixed loans, the monthly installments only consist of an interest component.

When can mortgage lending be useful for me?

The mortgage can help if the acquisition or construction of a house or a condominium plan. In doing so, you are also making a contribution to building up your private wealth or providing for your own retirement .

What are the risks?       

Business risk: In special situations, such as sudden unemployment, you may one day no longer be able to raise the monthly mortgage payments. Then the respective credit institute can initiate a compulsory sale, i.e. compulsorily auction a house or apartment.

Risk of follow-up financing: If you need follow-up financing, a follow-up contract will be concluded at the then applicable market rates.

For you, this can mean an interest rate risk: If, for example, the market interest rate has risen significantly after a loan period of ten or 15 years, the total cost of the remaining financing increases with the monthly loan installment. Instead of, for example, 1.7% effective interest, the interest on the follow-up financing could climb to 6.1% effective interest in the meantime.

Loss of value of the property: If you sell a house or apartment, the proceeds can be lower than the loan amount that is still to be repaid. This case usually occurs in the case of new buildings or properties that have been bought or built overpriced and where the financing amount exceeds the actual value of the property.

Availability of the property: If you sell the financed property but the loan has not yet been fully repaid, a loan with a fixed interest rate can usually only be redeemed against payment of a so-called early repayment penalty. With this claim, the bank offsets its loss of interest, namely the interest that it has lost.

How are the performance, profit and benefits of mortgage lending structured?             

In the loan contract, the customer agrees an interest rate for his mortgage, the so-called nominal interest rate . However, the contract must also state the higher effective interest rate that the customer actually pays. The nominal interest rate is based on the respective market interest rate, i.e. the refinancing rate of the banks, at the time the contract is concluded. It is fixed for the contractually agreed term – usually five, ten or 15 years – so it does not change. Further influenceIn addition to the market interest rate, factors such as the amount of equity capital, duration, amount of financing and collateral have on the loan rate. The interest on the follow-up financing is based on the then applicable market interest rate (see also the topic of risk: risk of follow-up financing ).

When comparing loan offers, you should always pay attention to the effective interest rate, as this indicates your actual burden. The effective interest rate must be mentioned in every offer.

Do you want to invest money, but without long contract terms and capital commitment? Then short-term investments could be of interest to you. However, these forms of investment are primarily aimed at preserving capital or saving certain sums for a somewhat larger purchase. If you are speculating on returns, medium and long term investments are better suited. For this reason, other criteria are often in the foreground for short-term investments, which we present to you here. This gives you an overview of whether and how you want to invest your money for a shorter period of time.

What are short term investments?

“Short-term” generally refers to investments for less than a year. In most cases, however, it is not just a question of financial investments with short terms (e.g. fixed-term deposits, short-term bonds, etc.), but forms of investment that can be liquidated or sold relatively spontaneously (e.g. overnight money, stocks, etc.) .).

Basically, these variants are possible for short-term investments with a high degree of security:

  • Overnight money account
  • Checking account
  • Fixed deposit

If you would like to accept a higher risk in order to possibly achieve returns, the following options are also possible:

  • Shares
  • Open Funds
  • ETFs
  • Day trading

What characteristics should a short-term investment have?

  • High liquidity
  • Low volatility and high security
  • Return
  • Infographic on the most important properties of short-term investments: high liquidity, high security, low volatility, yield

What options are there for short-term investments?

There are many opportunities for short-term investments and each form of investment has its own advantages and disadvantages. Nevertheless, two categories can be distinguished: short-term investments with high security and speculative short-term investments with less security, but the prospect of a return. Park money with security, but with no return: current account, overnight money, savings book, fixed deposit

Investing money without a return sounds strange at first – but in times of low interest rates, this is a sad reality for many “classics” of financial investments.

But why invest money without a return?

In order to achieve short-term savings goals, returns play a subordinate role. Basically, it is enough if you put the money aside and keep it safe. For this reason, investment forms such as overnight money accounts, which are secured by deposit protection up to at least USD 100,000, are a sensible option for these goals. Because even if there is no interest, the other way round you cannot lose any money.

TIP: A savings book and a fixed-term deposit account offer similar conditions to a daily money account or a current account when the interest rate is continuously low . If security plays the main role for you in your investment, you can also simply park your money in your current account.


Exchange-traded securities such as stocks , ETFs and open funds are very liquid and are therefore also suitable for short-term investments. On top of that, even good returns are possible. However, the risk of loss with these forms of investment is problematic. Especially when you need your money very spontaneously and at short notice. You then run the risk of having to sell your securities at a currently unfavorable price.

TIP: If you know in advance when you will need the money again, you can plan a slightly larger window of time for the sale and thus possibly reduce the risk of a bad price on the day of sale. A certain residual risk remains, however, because, unlike a medium to long-term investment, you cannot sit out persistent price lows and also do not benefit from possible dividends. Bonds represent a special form in this category . Bonds are quasi loans for companies or states, with investors acting as lenders. These papers have a fixed term, upon the expiry of which repayment for the debtor is due. However, you have the option of selling this paper before it expires – but then you have to expect current price fluctuations. In addition, default of the final repayment is possible in principle.

Short-term investments for professionals: day trading

In day trading , there is speculation on price changes within a day. Since real securities purchases are hardly worthwhile for this extremely short investment period, derivatives such as warrants, leverage certificates or CFDs are usually traded. Day trading, however, is extremely risky and should only be practiced by very experienced investors. One reason for this is, for example, that price developments within a day are influenced by special factors that laypeople are unlikely to be aware of. Therefore, the risk of a total loss with these papers is extremely high. Professional day trading is not possible without intensive and time-consuming market analyzes.

There are many reasons for jointly acquiring real estate. This often results in fractional ownership. This is even common practice in marital partnerships. However, in view of the sharp rise in real estate prices and alternative life models, people are now also opting for joint real estate investments that are legally less closely related. Whether as friends or family, one thing always has to be regulated when purchasing real estate together: ownership of the property.

Why invest in real estate together?

Those who live and live together often need to share their own four walls. In addition to creating a good framework for being together, it is always about provision, security and planning for the future. In many cases, both partners bring equity and their labor into the project or enter into financial obligations as part of the construction financing .

But it is not just married people who are investing in real estate together today. Unmarried couples, families who are friends or people who are otherwise little connected to each other now often decide to buy real estate together. This can have many advantages. For example, the acquisition or construction costs per capita are lower than when buying a property separately. An important argument in times of sharp increases in real estate prices in metropolitan areas. In addition, there are also lower costs in ongoing management. Those who invest together can also share the care and maintenance work. This can be a great advantage for larger properties and properties.

Ultimately, real estate is better utilized through joint acquisition. For example, families or friends can afford a holiday home that could not be financed on their own.

Clear regulations among those involved are essential, especially in a community that is not as close and permanent from the outset as it is with married couples. A central point is the ownership structure.

Fractional ownership by married couples

In the case of joint acquisitions of real estate by married couples, it is usually assumed that they own a fraction of the property, with both spouses usually becoming half co-owners of the property. Deviating regulations are possible and will then be noted accordingly in the land register. An exception with joint ownership is – as already mentioned – the marital community of property. It must be explicitly agreed.

It occurs because only one partner, since the property was mutually purchased after the marriage, is registered as the owner in the land registry. In legal terms, only the person registered in the land register is then the owner. If it comes to a divorce, the unregistered spouse does not go away empty-handed, at least not with the common marital community of gains. In the case of a property dispute, the property acquired during the marriage is regarded as common and, in the case of profit sharing, is divided equally. The real estate assets are taken into account accordingly.

What about the fractional ownership disposition?

Partial ownership can be transferred to third parties independently of the shares of the other owners. Giving away or bequeathing a co-ownership share is therefore easily possible. Theoretically, the sale of just the share is also conceivable. In practice, however, this often fails due to a lack of buying interest. Because which buyer wants to buy only a third or a quarter of the property? Acquiring a stake can, however, make sense in the case of holiday properties or investment properties.

Forcing the sale – the division auction

There is a possibility, as a co-owner, to force the sale of the property as a whole against the will of the other owners: the so-called division auction, a special variant of the foreclosure auction. A division auction can occur if co-owners disagree about the use of the property and at least one co-owner opposes the sale. The most common case occurs with married couples in divorce proceedings who fail to reach an understanding about the property they share. The division auction is usually the most unfavorable variant of the sale. The procedure takes about a year to complete and involves some costs. The auction proceeds are usually well below the price that would be achievable on free sale on the market. As a rule, all co-owners of the community of fractions lose – unless a co-owner takes the opportunity to bid for the entire property at a “preferential price”.

Preferential promotion of building society savers

Home savers in particular are encouraged with the home construction bonus. If you have already signed a building society loan agreement, you can hope for government support. Exceptions are, however, savings contracts that are dependent on capital-building services from your employer or that are otherwise subsidized by the state.


You do not necessarily have to make provisions in the form of a savings contract. For example, if you have acquired shares in construction or housing cooperatives or housing and settlement companies, these can be subsidized as expenses.

You calculate the taxable income by subtracting all expenses to be deducted from your gross income. This includes:

  • Advertising expenses
  • Operating and special expenses
  • Pension expenses
  • Applicable allowances

GOOD TO KNOW: The income limits refer to the taxable income. It does not mean gross income, but neither does it mean net income. If you have several children, for example, the taxable income can quickly be significantly lower. You can be entitled to apply for the housing subsidy even if your gross income is higher than the income limits mentioned above.

When does the housing premium payment take place?

The housing bonus is paid out annually. However, it is not paid directly to your account. The company or organization with which you have concluded a savings contract or otherwise incur expenses for your building provisions will review your application. If you qualify for the home construction bonus, the payment is earmarked for the next tax year.

GOOD TO KNOW: For the actual payout, it is important that your home construction premium is used as “residential building” provision.

When is the home construction premium used for residential purposes?

It’s a mandatory to use building society savings contracts for residential purposes and thus also house building premiums. If you do not want to lose or repay your home construction premium, it must be used for residential purposes. In this context, it would be useful to build a house, buy a flat, renovate or modernize it.

Preference for building society savers under 25 years of age

There is a rule of 25 age but it varies from country to country;in some states if you are under 25, you can look forward to preferential funding. There are not as strict regulations for its use as for older beneficiaries. If you have built up your home loan and savings contract over 7 years and have received an annual home construction premium, you can use the premium freely after this period has expired.

A residential use is then no longer mandatory. This advantageous regulation only applies to a home loan and savings contract and the related funding. If you claim funding for a building society loan agreement more than once, it is intended to be used for residential purposes. Older home loan and savings contracts before 2009 are subject to different regulations. If you signed a home loan and savings contract before 2009, the same rules apply to you as to those under 25. In this case, no residential use is generally necessary.

In addition, you would not lose your home building premium with these home loan and savings contracts if you terminated the contract early.


  • A retrospective application for a housing subsidy is possible: You can also apply for the housing subsidy retrospectively. However, only savings payments that are a maximum of two years in the past are funded.
  • There is a blocking period for funding home loan and savings contracts: even if the payment is made annually, you may only use the home construction premium after your home loan and savings contract has expired, i.e. usually after 7 years. If you use the credit early, you will have to repay the money.

The housing premium should not have any influence on the financing decision .

If you would like to be successful in the stock market, you need a good plan. How to find the investment strategy that suits you.

You have decided to invest part of your assets on the stock exchange. And you’re already faced with the next question. Namely: Which securities should be in the deposit?

There are very different strategies for the selection and none is objectively the right one. Rather, it depends on which philosophy you as an investor are convinced of. Do you believe that large, internationally established corporations will continue to develop profitably, or do you rely on the growth opportunities of smaller companies? Perhaps you are also specifically picking out companies that have just survived a crisis and are now starting over. How much risk should it be and how much time do you want to spend with your investment?

The 8 most important investment strategies:

Active or passive

Do you like to rummage through company figures and deal with regional market trends and industry developments? Then you could enjoy active investing. The aim here is to select promising securities with the aim of beating the market, i.e. being smarter or at least faster than the average of all investors. Studies show that even professional investors rarely succeed in this in the long term. However, now nothing to be said against getting individual collector’s papers into the depot.

In passive investing , the motto is: choose and sit back. Provided you are satisfied with the return that the market is producing, you can also invest directly in an index. Buying the shares individually is not worth it because of the fees. ETFs map a wide variety of indices, are simply structured and inexpensive – diversification included.

Buy and hold

“Back and forth empties pockets” is one of the most common investment mistakes. There are fees for every purchase and sale. The more often you trade, the less is left of the return. Those who rely on the buy-and-hold strategy forego timing and rely instead on the long-term positive development of the stock markets. In principle, this is also a passive approach, with the difference that investors select individual stocks and not invest in an index.

Dividend strategy

With the dividend strategy, you can achieve regular income from shares regardless of the price development. Investors choose stocks with a high dividend yield. It describes the ratio of the distributed profit to the share price. Important: When making your selection, make sure that the company has regularly paid high dividends in the past.

Value or Growth

Value or growth is a question of your attitude towards risk. With the value-oriented value strategy , investors rely on companies that are fundamentally stable but undervalued on the stock market. It is therefore important to first review company key figures to find out which companies can expect appealing profits based on their market position and which at the same time have hidden price potential slumbering.

Would you prefer to rely on the growth power of young companies? Those who put together their portfolio according to the growth strategy select overvalued stocks. You can recognize this by a comparatively high price-earnings ratio (P / E). The approach is based on the conviction that future earnings growth will follow suit and adapt to stock market valuations. Growth investors speculate on tracking down the next pearls on the stock market after Amazon, Google, Facebook and Co. In addition to a feeling for the market, this strategy requires a high degree of willingness to take risks.

Procyclical or countercyclical

A positive performance in the past indicates that the stock market prices will continue to develop well. Pro-cyclical investors believe in this and choose stocks that have seen prices rise in recent months. Precisely the reverse procedure is anti-cyclical . They specifically pick out companies that have just come through a crisis and hope to benefit from the low entry prices. Constantly investing against the broad market requires great self-confidence.

Which investor does not dream of having their money work for them and having a steadily growing balance? When compound interest kicks in, that dream can come true. However, certain conditions must be met for this. In this article, you will learn what the compound interest effect is, how it works with different types of investments such as ETFs and stocks, and what factors influence it. We will also explain how you can calculate compound interest yourself using a simple formula.

What is the compound interest effect?

Compound interest is interest paid on interest income. With compound interest, it is assumed that the income will be reinvested over a longer period of time together with the initial capital at the same interest rate. The interest earned is not spent, but reinvested or accumulated – the capital to be paid increases. This effect occurs faster and faster over time, so that in the long term the compound interest effect means that the invested capital increases more steeply than with simple interest. In contrast to simple interest, the value of the money invested does not increase linearly with compound interest, but exponentially.

GOOD TO KNOW: Short interest periods such as a monthly or quarterly interest payment increase the compound interest effect. This is because the interest is taken into account more frequently in the current interest.

When does the compound interest effect apply?

In addition to the investment period and the amount of the initial capital, the interest rate also plays a decisive role in how much the compound interest effect unfolds. The above calculation example assumes a comparatively high interest rate of 5%. Because the compound interest effect only unfolds its full effect when the interest rate is high enough. Assuming an interest rate of 1%, the initial capital of 10,000 would rise to just 12,201.90 dollars after 20 years – despite the compound interest effect. In view of the current low interest rates on overnight money accounts and savings books, the compound interest effect on these products is hardly noticeable today.

Which factors influence the compound interest effect?

Using the example calculation above, the two factors that have a significant impact on the compound interest effect can be derived: time and money. If the compound interest effect takes effect, the sooner you start saving and the longer you invest your money, the higher your return will be. The same applies to the amount of capital invested: the more money you invest, the higher the increase in value if you continuously reinvest the interest income at a constant interest rate. However, unforeseen events such as economic crashes or financial scandals can also influence the compound interest effect.

How does the compound interest effect work with ETFs?

You can achieve a kind of compound interest effect with an investment in exchange-traded index funds or ETFs for short. An accumulating fund is ideal here . Because with such a product, the income is automatically reinvested. If you make a profit with your investment, your capital will increase steadily so that you have the opportunity to achieve an even higher return in the long term.

TIP: Use the top price ETFs to find the cheapest index funds for your personal investment strategy.

Like all asset classes, exchange-traded index funds are also subject to market, industry and company-related fluctuations in value. Therefore, there will be no guarantee that you will increase your wealth in the long term with this form of investment – in fact, there is also a considerable risk of loss with this asset class. A constant “interest rate” as it is assumed for compound interest – or in this case a steady return – cannot be guaranteed in view of the unavoidable volatility on the financial markets. In addition, there are fees for investing in ETFs – for example in the form of an ETF savings plan – which reduce the performance, even if these running costs are mostly only between 0.2 and 05.%.

How does the compound interest effect work on stocks?

TIP: Whether you want to invest in ETFs or stocks – as a private investor, you should familiarize yourself with the most important basics and strategies of stock market trading as part of a “stock exchange training”. You can do that in our comdirect academy, for example .

No interest is paid on shares, but many companies give their investors a share of the profits they earn with an annual dividend distribution. In order to benefit from a kind of compound interest effect even with stocks, you can reinvest the dividend – manually for individual stocks or by selecting an accumulating fund that automatically re-invests such income for equity funds. Apart from the considerable risk of loss associated with every form of security investment, constant performance is not to be expected, even with stocks or equity funds. On the one hand, the companies set their own profit sharing year after year. The dividend can rise, but also fall – or even fail completely. On the other hand, the return on such a financial investment depends not only on the regularity and amount of the amount to be distributed, but also on the performance of the share. Finally, if the securities are sold for the purpose of realizing profit, flat tax including church tax may be incurred in addition to the fees.

A joint deposit is used to build up assets together. It works in a similar way to the joint account. However, located on a deposit is usually higher than on assets accounts. In order to avoid ambiguity and unnecessary tax burdens, you should therefore pay attention to a few things and possibly also consider a written custody agreement between the partners.

What is a shared depot?

A joint custody account is a securities account with two owners. The most common form of a shared depot is the Oder depot. This means that – unless otherwise contractually stipulated – both owners are equally entitled to make decisions. Both can freely dispose of the securities contained in the custody account without consulting the second holder.

What are the advantages over individual deposits?

Open your custody account: To open a joint custody account with comdirect, simply fill out this application and submit it by post.

Joint depots have the advantage that both owners can step in for the other to make decisions. If two partners manage assets together anyway, a joint custody account is a logical step. However, caution is also advised in joint asset management if the partners do not exceed the tax allowances and at the same time want to be well positioned for inheritance.

How can I convert a single deposit into a joint deposit and vice versa?

The mere conversion of a custody account is a relatively straightforward process that you can easily handle at comdirect via the custody account exchange portal . The process can take about two weeks or up to six weeks if the depot is foreign. However, from a monetary point of view, the transition of securities accounts is more difficult. The transfer of a joint custody account into a single custody account can be counted as a gift to the holders of the single custody account from one holder to another. The transfer of an independent custody account to a joint custody account can, on the other hand, be treated as a half-gift to the new wife. When moving a deposit, you should keep this in mind, as otherwise the gift tax can easily become due.

A written deposit agreement to clarify the ownership situation

In principle, it is assumed with a joint custody account that the value of the custody account belongs to both owners in equal parts. This is how joint deposits are treated from the point of view of the tax office. However, this often becomes problematic when one of the owners dies and third parties are designated as heirs. Then the parties involved often argue about which owner brought which share into the joint deposit and who, accordingly, owns which share.

In order to avoid such disputes and to create tax clarity, the owners can agree on a written deposit agreement. This can be used to determine exactly which portion of the property belongs to whose property. However, this contract is concluded independently of the bank in question and is considered to be private individuals between the depository holders.

Such precautions are not necessary if you always make sure to pay equal parts into the deposit and only allow payments to be made to a joint account. So there is never a gift and the ownership situation remains clear.

The alternative: single custody account with power of attorney

As an alternative to a joint custody account, you can also use powers of attorney for your individual custody account. In the case of a depot power of attorney , ownership remains entirely with the depot holder. The authorized representative is only authorized to manage the depot on behalf of the owner. Under no circumstances is an authorized representative authorized to take possession of values ​​from the depot without consulting the owner. A depot power of attorney is sufficient to jointly manage a depot. However, a power of attorney is not an equal partnership and in the event of inheritance, a power of attorney does not entitle you to a share of the custody assets.


If there is no written deposit agreement, then a deposit belongs equally to the two owners. This does not change in the event of a separation or a divorce, but other allowances apply after a divorce. If a joint custody account is not evenly liquidated, you must therefore pay attention to the exemptions for non-relatives, because these are significantly lower.

Act Like The Stock Market Professionals. Let’s start with day trading;  day trading is the short-term, speculative trading in securities. Day trading is less aimed at beginners, but rather at experienced investors who want to achieve high returns in a short time with a comparatively low capital investment and at the same time are ready to take the equally high risks.

Stock exchange prices fluctuate within one trading day. Day traders try to exploit this volatility of the markets: The trader buys and sells securities within the period between the market opening and closing and speculates that the price on the stock exchange will rise or fall. The aim is to make a profit from short-term price fluctuations. Since price movements within a day can be comparatively small, buying and selling a share directly on the stock exchange would only promise limited profits on the capital employed. For this reason, day traders often speculate with derived securities – so-called derivatives. These replicate the price of an underlying asset, such as a share or an index. The name “to derivate” has its origin here: The securities are so called because they are based on a certain underlying asset.

The common derivatives for intraday trading at comdirect are:

  • Leverage Certificates
  • Warrants
  • CFDs (high risk, only suitable for experienced traders) *

* Basically, all 3 classes are high risk. For this reason, comdirect customers have to submit what is known as forward business ability.

Financial instruments for day trading: trading with leverage

GOOD TO KNOW: With leverage certificates, warrants or CFDs, Without really needing to buy this basic asset, you will bet on the development of an underlying asset, such as a stock market index or a bond. The capital employed can be “leveraged” with the financial instrument. The leverage determines how much more the value of a derivative rises or falls compared to the base value.

Is day trading right for me?

If you want your capital to be spent in day-to-day business, you should be aware that as a day trader you should have advanced experience in securities trading as well as extensive knowledge of the processes of on-exchange and over-the-counter trading – day trading is not recommended for beginners in the stock market. If you are interested in day trading, in addition to the opportunities, you should also deal with the risks associated with the various options of day trading. Active risk and money management also helps you to avoid negative surprises when day trading as much as possible.


Learn how to take advantage of price fluctuations with day trading. We show you the dangers but also the advantages of this type of trading. Get to know different strategies and check whether day trading is right for you. With day trading, financial products are bought and sold on a trading day (“intraday”) in a very short time window – a trading session ranges from a few minutes to several hours. The advantage of this strategy: The investor can benefit from the short-term price fluctuations in the market to which securities are exposed when trading on the stock exchange. Day trading can make big profits possible, but the risk of loss is particularly high.


Day trading is quite a controversial topic. While short-term trading in stocks makes big profits possible, traders need to be aware that they are pursuing a risky and speculative strategy:

  • The odds of winning come with an increased risk of losing money.
  • If the underlying price develops differently than expected, in the case of a knock-out or useless expiry, there is a chance of complete depletion of the capital invested.
  • When trading with contracts for difference (CFD) total losses are possible; however, private investors are no longer obliged to make additional payments, and losses are limited to the capital employed (account balance).
  • The investor bears the risk of default of the respective issuer.


Day trading places high demands on traders. You need a dependable broker on your side to have some hope of success. In day-trading, three factors are especially important:

Low fees: Costs can reduce the return on investment. This aspect is particularly important in day-to-day business because it often results in a very high number of trades with comparatively low price movements in the individual positions.

Products and services: The broker is your direct interface to the financial markets. As a service broker, comdirect offers a wide range of trading venues, high-quality products and functional, stable tools. If you have any questions or problems, specially trained customer advisors are available 24 hours a day, 7 days a week.

Speed ​​of order execution: The quality of the trading systems is an important success factor in day trading. Short delays in placing and executing an order can have a significant impact on performance. First-class trading systems and convenient trading services such as session TAN or individual order templates make day trading at comdirect fast and efficient.

The Bitcoin price is stabilizing. Will a sustainable altcoin rally succeed now? What is the situation with Cardano?

Bitcoin rate current

Bitcoin was able to stabilize again in the night from Wednesday to Thursday. Currently, the largest and best-known currency is trading above the psychological 30,000 mark at $31,287, almost neutral compared to the previous day. Also for Cardano (ADA), the sixth most important currency by market capitalization can stabilize again at 0.33 dollars. Will a sustainable trend reversal succeed or will investors have to continue to deal with the downside risks?

Would you like to trade the Bitcoin price yourself? Decide whether you want to position yourself long or short and open your own CFD trading account or practice trading with our CFD demo account.

Bitcoin Price Chart

Bitcoin Price Chart

Source: IG Trading Platform
Bitcoin stabilizes – Cardano also gets a tailwind
The Bitcoin price is holding steady above the $30,000 mark on Thursday morning. After the price losses of the previous day, numerous short-term speculators have obviously used the setback to re-enter the market. However, there should be no talk of more than an attempt at stability. Until today, the price has not left its downward spiral that began on January 9. Further losses cannot be ruled out.

Cryptocurrencies remain battered overall

Investors are thinking twice right now about how to evaluate the recent rally in light of the uncertain mixed situation. Moreover, with the coronavirus variants and the challenging vaccination logistics, the uncertainty factors in the global stock markets are not abating. This circumstance could not least ensure that investors as a whole cash out in the environment of correcting stock markets, which could not least also affect cryptocurrencies.

The disputes between Brussels and the manufacturers of the vaccines are causing displeasure. A sluggish vaccination marathon in the euro zone is hitting the stock market, especially since further setbacks cannot be ruled out. Investors are in for a rip-roaring test at the end of the month.

Bitcoin, Cardano and Co under pressure in the run-up to the U.S. Fed

The slide in crypto prices had accelerated further on Wednesday in the run-up to the US Fed meeting. The rising US dollar in particular triggered potential for pressure. Investors were noticeably nervous in the run-up to the upcoming Fed meeting. A few hours before the meeting, fears grew that the U.S. Federal Reserve could scale back its bond purchases and communicate a premature turnaround in interest rates, but this was ultimately not the case. Because the U.S. Federal Reserve Fed had provided on Wednesday evening for no surprises. As expected, it left its interest rate level unchanged, with Jerome Powell nipping speculation about a reduction in securities purchases in the bud. However, further support failed to materialize.

Bitcoin is seen by many investors as a hedge against monetary and fiscal policy risks. However, should the economic stimuli be throttled, this is likely to be to the detriment of Bitcoin and Co. not least.

Bitcoin and Cardano: Here’s what could happen next
The cryptocurrency Cardano (ADA) remains in the clutches of the Bitcoin price to date. This dependence is not surprising in that bitcoin is also known as the guiding currency.

On the upside, this means that ADA should conquer the 40 cent mark as soon as possible to open up further upside potential. The upward trend that existed since November of last year is still in tact. Further follow-up purchases could take place soon. On the downside, setbacks to 20 cents are conceivable in the course of a larger sell-off, which also represents the trend high from the end of 2020. While the bitcoin rally is faltering, the altcoin bull market could soon pick up speed again.

For the Bitcoin price, the mental mark of $30,000 remains the measure of all things. This should be able to be maintained on a weekly closing price basis to trigger follow-up purchases.

How to trade cryptocurrencies yourself with IG Bank
Do you want to trade cryptocurrencies yourself? Open a live or demo account with IG Bank and buy (long) or sell (short) bitcoin using derivatives like CFDs in a few simple steps:

  • Create an IG Bank trading account or log in to your existing account.
  • Type “bitcoin” in the search bar and select that.
  • Select your position size.
  • Click on buy or sell order ticket.
  • Confirm the order.

Dogecoin forecast 2021 | 2025 | 2030 – DOGE price forecast. Dogecoin was first introduced on December 6, 2013. Since then, it has seen a remarkable rise. It was designed by Jackson Palmer and Billy Markus, based on the Shiba Inu meme.

Although the cryptocurrency was not taken seriously at its launch, Dogecoin has become a major asset, with a market capitalization of $283 million as of October 2019 and a 29th place ranking in terms of its market capitalization.

In addition, Dogecoin enjoys some practical applications and is sometimes used to tip the internet to reward helpful contributions.

After reaching its historic high of over $0.0185 back in January 2018, Dogecoin began to experience a downward trend that lasted until January 2019.

Nevertheless, Dogecoin remains a cryptocurrency with high appeal and does not seem to disappear in the near future. With that in mind, let’s take a look at the current state of the price trend and look ahead to the potentially positive future.

Important highs and lows

Throughout its history, Dogecoin has reached several significant highs and lows, some of which will be considered in this analysis.

The most important ones are listed in the table below:

Highs Lows

Januar 2016 – $0.00051 7. Mai 2015 – $0.000068
Juni 2017 – $0,00410 15. September 2017-$0,00065
Januar 2018 – $0,01972 6. Februar 2019, $0,00174

Dogecoin Forecast 2021

DOGE, like the rest of the market, is tied at the hip to Bitcoin’s price action. If Bitcoin starts another bull run, DOGE can hope for one as well. It is when the altcoins take the lead and have a field day with the bulls, often doubling or tripling Bitcoin’s price within days.

With the outbreak of the pandemic, the world was put into hibernation for a few months, and It negatively affected cryptocurrencies and sent Bitcoin downhill, as we saw as much as 40% daily losses. However, the situation quickly stabilized, and Bitcoin, as the standard-bearer brought the crypto market back to life. We have been in a major bull run since the summer, and if we listen to the analyses of social media and journalists’ desks, we are far from its local peak.

What does this mean for the Dogecoin price in 2021?

As long as bitcoin takes the lead and moves up, there is little room for DOGE to shine. However, it will increase its USD-denominated value thanks to the general rise in crypto prices. Nonetheless, the ratio of DOGE to BTC is likely to decline, possibly to an all-time low. This means that it is best to keep your funds in Bitcoin until it reaches its temporary peak, opening the doors for altcoins. Dogecoinwill be among the top candidates for big gains, as money usually flows from Bitcoin gains to blue chip altcoins and big cap coins before flowing into the lesser known and smaller projects.
Dogecoin forecast 2025 – How high will Dogecoin be 5 years from now?

According to various online prediction websites, the price of 1 Dogecoin(DOGE) will be around $4.52 in 5 years, just before we see the year 2025.

It would actually surprise me immensely if DOGE in its current shape and form would be live and in full swing in 2025.
Dogecoin Price Forecast 2024

To predict the price at the end of 2024, it is not possible to use RSI or moving averages.

This is because the date is just under five years from now, and our two market cycles (April 2015, November 2018) only lasted about a year and a half. So if we were to use them to predict the price, we would have to make a prediction based on a price predicted in the future.

Therefore, we will use the average rate of increase explained in the first section.

Using an average rate of increase of 1.63% per day, we find a price of $0.072 on December 31, 2024.

The prices projected using both methods are shown in full in the table below:

Average Rate of Increase RSI & Moving Averages.

December 2019 $0.0055 $0.00297
December 2020 $0.0191 $0.0201 $0.0201
December 2024 $0.072

We believe that the RSI & Moving Averages price forecast will prove to be more accurate. This is especially true for the price forecast at the end of 2019.

On the other hand, both price forecasts for the end of 2020 are quite similar.

The price forecast for 2024 is made using the average rate of increase.
Dogecoin Forecast 2030

Again, shady and less reputable online sites predict a Dogecoin price for 2030 and tell us that DOGE could reach $17.0576. Just a reminder – 2030 is still 10 years away – do you really think any algo or human can predict that much into the future?

I thought so.

  • bitcoinBitcoin (BTC) $ 20,176.00 2.85%
  • ethereumEthereum (ETH) $ 1,071.43 4.12%
  • tetherTether (USDT) $ 1.00 0.43%
  • usd-coinUSD Coin (USDC) $ 1.00 0.11%
  • bnbBNB (BNB) $ 216.39 1.54%
  • binance-usdBinance USD (BUSD) $ 1.01 0.86%
  • cardanoCardano (ADA) $ 0.469417 2.52%
  • xrpXRP (XRP) $ 0.324580 0.95%
  • solanaSolana (SOL) $ 34.62 4.61%
  • polkadotPolkadot (DOT) $ 7.57 2.72%
  • dogecoinDogecoin (DOGE) $ 0.062632 3.89%
  • daiDai (DAI) $ 1.00 0.35%
  • tronTRON (TRX) $ 0.063617 1.86%
  • shiba-inuShiba Inu (SHIB) $ 0.000010 8.08%
  • leo-tokenLEO Token (LEO) $ 5.75 3.77%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 20,150.00 3.24%
  • avalanche-2Avalanche (AVAX) $ 16.45 2.66%
  • staked-etherLido Staked Ether (STETH) $ 1,011.64 4.56%
  • matic-networkPolygon (MATIC) $ 0.456300 7.87%
  • litecoinLitecoin (LTC) $ 51.98 1.71%
  • ftx-tokenFTX (FTT) $ 25.57 5.88%
  • chainlinkChainlink (LINK) $ 6.60 3.25%
  • crypto-com-chainCronos (CRO) $ 0.115672 0.12%
  • okbOKB (OKB) $ 11.32 2.84%
  • stellarStellar (XLM) $ 0.114500 0.97%
  • nearNEAR Protocol (NEAR) $ 3.33 4.86%
  • uniswapUniswap (UNI) $ 5.10 7.28%
  • algorandAlgorand (ALGO) $ 0.322072 0.92%
  • bitcoin-cashBitcoin Cash (BCH) $ 114.73 3.37%
  • cosmosCosmos Hub (ATOM) $ 7.30 6.93%
  • ethereum-classicEthereum Classic (ETC) $ 15.35 4.46%
  • moneroMonero (XMR) $ 114.25 3.96%
  • chain-2Chain (XCN) $ 0.089205 1.11%
  • theta-fuelTheta Fuel (TFUEL) $ 0.050960 2.39%
  • vechainVeChain (VET) $ 0.023178 2.07%
  • flowFlow (FLOW) $ 1.49 0.43%
  • hedera-hashgraphHedera (HBAR) $ 0.072159 2.32%
  • fraxFrax (FRAX) $ 0.998203 0.25%
  • internet-computerInternet Computer (ICP) $ 5.56 2.67%
  • elrond-erd-2Elrond (EGLD) $ 59.24 0.65%
  • decentralandDecentraland (MANA) $ 0.851270 0.89%
  • filecoinFilecoin (FIL) $ 5.63 8.45%
  • apecoinApeCoin (APE) $ 4.12 5.17%
  • theta-tokenTheta Network (THETA) $ 1.24 2.49%
  • the-sandboxThe Sandbox (SAND) $ 0.963163 5.68%
  • tezosTezos (XTZ) $ 1.36 4.78%
  • true-usdTrueUSD (TUSD) $ 1.00 0.15%
  • bitcoin-svBitcoin SV (BSV) $ 62.41 0.11%
  • axie-infinityAxie Infinity (AXS) $ 14.10 5.26%
  • heliumHelium (HNT) $ 10.18 0.98%