I think its more of a question of will the gpu minable coins be around, appreciate and commit to forking?
All you have to do is read any of the threads on this topic in this forum to see the number of coins/projects adjusting/forking to counter ASICs. I'm a fan of RVN and they have a great paper out on their plan/roadmap - forking Oct 1. But there are many other coins doing the same thing or will do the same thing when ASICs start showing up.
You need cheap electricity to survive the lean years and not have expectations of crazy profits like in 2017 early 2018.
It helps to have cheap electric, but I pay a very average $.10 (or a little less) here in the US - and my mining is very profitable. As long as you know your costs, you can plan accordingly to make a profit.
Also sometimes I hedge my profits short btc to provide a cushion against down tuns.
Good for you - selling or pre-selling hedges or Market neutral hedging can be good way to lock in profit - or a good way to miss out on a move. Just depends on what strategy you use.