..
Its true, i think even if too much expensive when you mine you will also earn profit. But now you focus first for the price and wait the best time to mine. Because of its price is just recovering yet, So in the next years maybe it can recover and many people will mine bitcoin again.
Mining is totally different from buying/investing where you dont wait for the price to recover before you can decide to mine because in mining you can mine anytime and its not the price that you should be concerned the most but it should be the electric cost , mining hardware/software , and other stuffs related to mining . also , its not about the price that op is refering to that can recover but its the state of mining .