IM Academy Educates Students on Cryptocurrency, Forex, and E-Commerce Markets. Which Market Makes Sense for You?

Financial markets are more accessible than ever. Niche cryptocurrency markets have entered the mainstream, and the foreign exchange (forex) market, which was once accessible only to brokers and large financial institutions, can be accessed by individuals using personal computers and even mobile apps. In addition, the growing e-commerce market has made it possible for individuals to create their own online retail stores and build independent businesses from home. While each of these markets presents its own unique set of engagement strategies and challenges, they’re connected in their potential. At IM Academy, a leading online financial education platform, students can study each of these markets using online tools designed to foster an understanding of market engagement strategies.

How can you decide whether studying these markets at IM Academy is right for you? Read on to learn more.

Cryptocurrency

Only a few years ago, cryptocurrencies such as bitcoin and ethereum were understood by a relatively small number of enthusiasts and actively exchanged by an even smaller number of individuals with access to digital wallets. This all changed in 2017, when cryptocurrencies began to generate more public discussion and market exchange, with the advent of cryptocurrency exchange platforms such as Coinbase playing a significant role.

According to CryptoMarketCap, an organization that tracks cryptocurrency market engagement, in May 2017, cryptocurrency’s total market capitalization — the total amount engaged in the market — stood at approximately $35 billion. Just five years later, in May 2022, total cryptocurrency market capitalization was listed at roughly $1.8 trillion.

At IM Academy, students and educators study the factors that drive growth in this dynamic market. The Academy’s DCX Academy focuses exclusively on digital currency markets, offering lectures, readings, and access to IM Academy educators through online GoLive discussion sessions. Topics covered in the DCX Academy include the importance of analyzing market activity relative to different timescales, the basics of blockchain technology, and candlestick market patterns on cryptocurrency exchanges.

 Forex

 The forex market involves exchanging some quantity of a national currency for a quantity of another national currency of equivalent value. For example, if the exchange rate is such that the value of one U.S. dollar is equivalent to 100 Japanese yen, a participant in the forex market could exchange $1,000 for ¥100,000, or vice versa. Market participants try to anticipate shifts in the market to discover favorable exchange rates. These shifts could result from anything from international conflict to monetary policy to changes in economic activity, so understanding current events is key.

IM Academy educates students about the nuances of this market through its FRX Academy. Through lectures, readings, and GoLive discussions, IM Academy students study a variety of forex strategies and short-term, intraday, and long-term market ideas. Lessons also cover topics such as price reversal zones, relevant market participants, and candlestick and continuation forex market patterns.

E-Commerce

 As more consumers rely on online shopping for various purchases, the e-commerce market has experienced significant growth. Amid this growth, platforms such as Etsy and Shopify have emerged to offer individuals the resources they need to create and market online retail stores without establishing in-person operations. Individuals use these platforms to offer their crafted products or consumer products acquired wholesale.

IM Academy’s ECX Academy focuses on strategies for empowering individuals to engage in the e-commerce market by creating online businesses. Students who choose to focus on e-commerce at IM Academy learn how to establish online stores and decide which products to offer. This includes lessons on general and niche stores and identifying trending products using social media platforms including Facebook and Instagram. IM Academy educators also provide lessons on social media advertising strategy, online customer service, and utilizing data analytics to make business and marketing decisions.

 IM Academy Focuses on Empowerment

 Founded as IM Mastery Academy by CEO Christopher Terry and CFO Isis Terry in 2013, the Academy was created with the goal of empowering individuals through financial market education. Now, as the cryptocurrency, forex, and e-commerce market have grown to facilitate more individual engagement, IM Academy students have more opportunities than ever to utilize their financial education in the market that is the best fit for them.

Note: IM Academy is an educational forum for analyzing, learning, and discussing general and generic information related to markets and strategies. IM Academy does not provide personalized recommendations or views as to whether an investment approach is suited to the financial needs of a specific individual. Before deciding to participate in the forex or other markets, you should carefully consider your investment objectives, level of experience, and risk. Most importantly, do not invest money you cannot afford to lose. You should take independent financial advice from a professional in connection with, or independent of, research, and verify any information you find on the IM Academy website.

Cryptocurrency-dominated investments may expose you to great risk. Cryptocurrencies are not FDIC-insured, are often not exchangeable for other commodities, are subject to price volatility, and have little to no regulation. Speculating in cryptocurrencies should only be performed by sophisticated investors who are prepared to lose their entire investment.

See more about IM Academy here: https://www.estrategiasdeinversion.com/actualidad/noticias/otras/comunicado-de-im-academy-n-526041