Your friend just know about Bitcoin and said he just invested into cloud mining.

[secone]

I have a friend like that, but it happened already one year ago. when it was cloud mining very crowded. I previously was the victim of cloud mining and stop investing there. when I just tell my friend about cloud mining that is less good. but he ignored my advice and finally he was regret. indeed sometimes the experience is that can prove it, so people believe.

[btccashacc]

I always advise my friends not to invest their money into cloudmining site, but most of them already know the risks of losing their money but they're still invest their money out there , they told me that they were very happy earn  bitcoin on cloudming since they're literally earning bitcoin while sleeping. They dont even stop when they got scam. They will find another cloudming to join with it. I can't do much, just advising.

[jak3]

i don't actully care about someone losse money or not i will tell the truth to my friend that most cloudmining services are scam and if possible then he can withdrawl his money and after it i will leave all the matter to him i did my duty by telling the truth

[coin_detective]

I would tell him about the current situation of scam cloud mining sites. It all depends on what site he uses. I would warn him not to invest any more money until he gets a good return and withdraw of his already 'invested' money.

[sabbirshm]

most cloud mining is ponzi/scam so your friend should aware of it. I leave cloud mining for this because they are none but scammer. I think your friend did wrong cause cloud mining is wrong platform for investment. j will like to suggest him  for  trading because with some skills ans experience your friend can make good profit.

[socks435]

Well for i will let them know that its scam.. i will show them all my knowledge about bitcoin so that they know that im one of the old users of bitcoin..
Just like my friends past few days he is always looking for cloud mining to invest and experience of scam.. so he said to me that bitcoin is useless but the truth he didnt know that investment site are all scam. even cloud mining site..

[BillyBobZorton]

I remember a lot of people telling me how i was an idiot not to invest in hashocean, and I was telling them than sooner or later it would collapse, they didn't listen.

[Junko]

I would just ask my friend if they know it's a scam.

If he says, "Yes," then that let's me know that he knows what he's getting into and leave it at that.

If he says, "No," then I would explain what I know about them and let him still make the decision for himself if he wants to continue with it or not.

[deisik]

Let's one of your friend say he/she (for simple reference, I will just use 'he' throughout the thread) just know about Bitcoin. And he purchased some Bitcoin and invested some of it to cloud mining site. What will you say to him? Would it be nice for you to tell him to stop? Or let him learn online scam the hard way?

It might already be too late. But what's the point of your question, why would you want to hear our opinion? There can be only one answer, namely, you should warn our/your "friend" immediately and ask him to withdraw what is left or possible to withdraw. There's no point in learning it "the hard way"...

Just in case, no one learns not to eat shit this way

[chaser15]

Let's one of your friend say he/she (for simple reference, I will just use 'he' throughout the thread) just know about Bitcoin. And he purchased some Bitcoin and invested some of it to cloud mining site. What will you say to him? Would it be nice for you to tell him to stop? Or let him learn online scam the hard way?

Well Im not that bad type of person but if he's already invested then I will just say only one thing and that is to explain it simply about ponzis.

And I will just let him to experience what should be the output if my friend will continue to invest in cloudmining as sometimes putting them in the actual situation will make them realize what is right and wrong.

[jamids]

Of course I would warn him that cloud mining sites are scam and if possible that he can withdraw his investment immediately then he should do it. I will share to him my experience of investing in a cloud mining site and then later on it disappear together with my coins. If he will still insist on investing even though I already warned him and do my best of convincing him not to invest in sites like that then I will let him because may be he wanted to learn it the hard way.

[crairezx20]

If he invested here already we can not get it unless if the cloud mining is giving a first withdraw they can still recover it but i will tell them the truth that cloud mining is scam they are just the same as investment site they will run after few days or weeks.

[isen]

Let's one of your friend say he/she (for simple reference, I will just use 'he' throughout the thread) just know about Bitcoin. And he purchased some Bitcoin and invested some of it to cloud mining site. What will you say to him? Would it be nice for you to tell him to stop? Or let him learn online scam the hard way?

What's done is done,after the "investment" his money are already lost and he won't be able to recover them.
The only thing i can do is to warn him about online scams and teach him how to recognize a shady business from a legit one,the best suggestion you can give to newbies who are interested in investing their money online is to stay away from any site that promises high returns and always ask his friends' opinion before making any move.

[Ilsk]

Let's one of your friend say he/she (for simple reference, I will just use 'he' throughout the thread) just know about Bitcoin. And he purchased some Bitcoin and invested some of it to cloud mining site. What will you say to him? Would it be nice for you to tell him to stop? Or let him learn online scam the hard way?

I would make fun of him to make him understand he's doing something stupid

[deisik]

Let's one of your friend say he/she (for simple reference, I will just use 'he' throughout the thread) just know about Bitcoin. And he purchased some Bitcoin and invested some of it to cloud mining site. What will you say to him? Would it be nice for you to tell him to stop? Or let him learn online scam the hard way?

I would make fun of him to make him understand he's doing something stupid

Stupid is as stupid does, and that would be an equal exercise in stupidity, though not as forgiving. I don't think you would be quite happy being ridiculed for having lost a decent amount of money (no matter what's the reason, ignorance or not)...

Surely not something to laugh at (remember, karma is a bitch)

[eternalgloom]

I would just ask my friend if they know it's a scam.

If he says, "Yes," then that let's me know that he knows what he's getting into and leave it at that.

If he says, "No," then I would explain what I know about them and let him still make the decision for himself if he wants to continue with it or not.

Not all cloudmining services are a scam, I would not say that Genesis-mining is a scam.
Now, if it will make a profit, that's another question.

I've personally made a profit through Genesis-mining by getting paid in Dash and selling it when the price was pretty high a couple of months ago.

[airsounds]

I have a friend like that, but it happened already one year ago. when it was cloud mining very crowded. I previously was the victim of cloud mining and stop investing there. when I just tell my friend about cloud mining that is less good. but he ignored my advice and finally he was regret. indeed sometimes the experience is that can prove it, so people believe.

i see a lot of people investing in it too and it is just a waste of time and money because they will all turn to a scam and give no returns in my opinion

[shinratensei_]

Let's one of your friend say he/she (for simple reference, I will just use 'he' throughout the thread) just know about Bitcoin. And he purchased some Bitcoin and invested some of it to cloud mining site. What will you say to him? Would it be nice for you to tell him to stop? Or let him learn online scam the hard way?

Too difficult for giving advice for them because they already believe if the cloud mining is profitable because I ever trying finding one of my friends is just putting all of their money into cloud mining site and their head is very harsh to get my advice.

[ttargett]

I have a friend like that, but it happened already one year ago. when it was cloud mining very crowded. I previously was the victim of cloud mining and stop investing there. when I just tell my friend about cloud mining that is less good. but he ignored my advice and finally he was regret. indeed sometimes the experience is that can prove it, so people believe.

i avoid cloud mining websites at all costs, i used to try it though they scammed me on a lot of money as i did not know they were just hyips before

[Shiroslullaby]

Hopefully anyone that just found out about Bitcoin will do some research before spending too much money on an investment. 
If anyone I knew went into cloud mining, hopefully they spent it on one of the sites that aren't a scam. 
Unfortunately, probably 99.9% of cloud mining is a scam.