Is it still profitable?

If you want to have some exposure to bitcoin, your best bet might be simply to buy a few long term options and forget about them until closer towards expiration. That way, you can have the same upside potential while keeping the bulk of your assets in equities, which, at least for the short term, are certainly the better bet. However, as a long term hedge against inflation, which is at least two years out, bitcoin options are a legitimate and potentialy incredibly lucrative move. As could be simply holding bitcoin, but then you have to consider the opportunity cost of not being able to put that money to work elsewhere,.