Profitable? Thank you for the live demonstration on why BTC got messed up. You're not supposed to use cryptos to make profit,︀ you're supposed to use it as a decentralized currency. The fact you looked at Monero︁ or ANY crypto with an eye on how profitable it could be, means cryptocurrencies are︂ not meant for you. If BTC crashes permanently and the govs all but kills it︃ off, just know it was down to the sheeple's greed like this.
That's a lot of depends but most sheep will be in the "definitely" camp, and︆ that's why BTC is in control of the governments now.
And as for the nah,︇ this is patently wrong. There was no regulation when BTC was launched. But today, just︈ buying bitcoin for the sheep means going through KYC and your BTC will be tracked,︉ your profits taxed, your identity on a government watch list, and your coins confiscated for︊ "the greater good" if they deem necessary. This is the government's power grab.
BTC is︋ no longer decentralised as intended, it is compromised. Coins that are used as intended (currency)︌ was the only answer BTC let alone Monero was ever supposed to be.