at this point I'm ready to say that bitcoin is just very risky which is why the price is so low and may go lower.  Then again it could soar tomorrow and leave everyone chasing it.  The point is that unless you have a really good education in this already and have lots of energy to put into it for trading exchanges, hardware, researching cloud/hyip/ponzi then you're better off to treat this as entertainment and only risk what you're ready to lose.

Basically it's all good.  I've been riding a cloudmine for about 2 months and it's been up for about 6 (bitmininglcoudservices) but it's been accused of being a ponzi so i'm just hoping it lasts long enough for me to roi... who knows lol

I currently have invested in cloudminr myself, on target for ROI for about 12-14 weeks (varies), but i always advise new people to think of it as a gamble, only invest what you can afford to lose.

hmm legit cloudmining i know just cex.io
but the fee and rate price its killing people slowly.

in my view, mining in general is dead unless you have a mass amount of cash plus willing to off set maintenance cost.

if you look at cloud mining sites, most turn out to be a ponzi eg: pbmining that fooled people in the 1 year doing promotions etc.

The best way to gain bitcoin, would be seeing a normal fiat business to buy more bitcoin at an exchange when prices are right.

When will people ever learn

Cloud mining was good but i lost so much in pbmining

Yes i learned it the hard way. though i had got enough ROI , didn't lost my investment but not good profit

you are not giving your money away as you earn back your roi at the end and earn a few cents. thats just unprofitable

I believe a gentleman admitted losing nearly three quarters of a million dollars to GAW's "cloud mining". Now, obviously, we know GAW was a scan from the outset, but at the time it was the same debate. Should one invest in cloud mining?

Maybe he did invest in cloud mining when he didn't know what he's doing = newbie. Well who knows?
Mining is profitable if you have the most advanced hardware and the cheapest electricity in your house. If not, you're still lucky because you don't have to turn on the stove if you want to fry some eggs.