Both of these forms of mining have a cost barrier. It just so happens that the cost barrier for cloud mining is lower, but you sacrifice some freedoms so to speak. Additionally mining using your own rig requires time, which some people may not have. Still no reason to completely shut down cloud mining as a whole.
I want to share, learn, and maybe even collaborate. Investors across every form of security, asset, etc utilize strategies to mitigate risk and maximize profit, is thats what Trevon James promotes then he is not alone. And I would definitely agree with that approach. This approach can be applied to cloud mining contracts. In an earlier post someone mentioned cloud mining contract exchanges, something I would like to participate in. This derivative would provide an opportunity for investors to mitigate cloud mining risk, by holding contracts of different length and coin, along with options for when they can be purchased or sold.
These guys promoting Cloud Mining sites just want to get some referrals and make comission profit. At this point I don't think there is any good reason to invest on this kind of site, you say about strategies, but it's like saying about strategies in gambling, at some point your profit will be negative and unrecoverable. If you aren't able to receive back the same amount of coins you invested it doesn't make sense (that is legit cloud mining).
