I jumped into mining with a purchase of a $15 AntMiner USB chip. I'm not and never had any belief I'd make much of a profit on it, it was mostly for learning. But I'm wondering if it's even possible to make any profit.
In the short term no in the long term probably also a no but you never know what price Bitcoin will appreciate to
If you can get free electricity say at school or at a university then yes it is profitable
But you can use a mining calculator such as this one
https://tradeblock.com/mining/
In other words, no it is not profitable to mine bitcoin.
If you think that the price will increase then you should simply buy bitcoin on an exchange