When the dust settles there is no room for cloud mining. For cloud mining to makes sense you're dependent on ever increasing prices. And if you think prices will shoot up like that you should probably just buy coins.
Wrong. Both mining and cloud mining are the most effective when prices are stable. This way you can profit even if there's completely no price movement for a year. If the value goes up holding becomes more profitable and if the prices go down both mining and trading become unprofitable. The only thing that can bring you profit in such case is trading (waiting for small bounces and bull traps to sell).
Am I doing something wrong or is my capital just too small?