So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place?
I mean cloud mining is a scam but there must be something else we can actually do right?
There is. Invest in ICOs. There are a ton of ICOs out there that yearns for contributors in investors to help develop their token or their coins. Other than that, you can just cash out and buy a an antminer. Farm some more coins. If you're not into mining, then I guess you can invest your money on stocks instead.