I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?
I don't want to discourage you but investing in bitcoin mining nowadays are hard enough because of the halving. And you need to save at least a year or even more months in able to make mining profitable. But examplens gave you a good suggestion that you can still mine but not with bitcoin, try with other alt coins or you can just buy bitcoins and wait for the price increase, that's effortless and no cost in monitoring + no electricity consumption.