Mining Bitcoin today is a rather risky business, unless you're already heavily invested in it. My advice would be to seek out the other markets, there are a lot of smaller crypto currencies where you can make profit. But it require you to pay close attention to the market. If you can manage to get into an IPO at an early stage, be with it for a brief time, then you can make some money. But the key is to not get greedy. Take the time, trade smart and when your profit is up, invest with higher risks. Then move up - try to time ETH/LTC markets and buy in/sell out at the right peaks. And slowly invest in BTC. In time it's likely that BTC will raise up again, and you will have a good profit.