I am new in the bitcoin world, and I saw this publicity on instagram about cloud mining, it claimed that I could earn bitcoins with any investment, even without having a hardware. I did a little research but didn't understand much, it seems too good to be true.
Yes, its too good to be true. There are plenty of people here who have been a victim of this of "PONZI SCHEME" you will just be wasting your money if you choose to invest on cloud mining as it is considered as not profitable and probably just a SCAM that any time could blow.