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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable, Cryptocurrencies have higher returns or gains, easier transactions due to online shopping. The effect of demonetisation and devaluation is negligible. But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
I believe that cryptocurrencies, as far as trading is concerned, are a much more profitable sector than the traditional one. As far as scams are concerned, I believe that the percentage is the same for the two sectors.