What can you say about the function continuity of $$\frac{x^2 - 1}{x - 1}$$ at $x = 1$?
There is an asymptote at $x = 1$, however the limit as $x$ goes to $1$ becomes $2$ because $f(x) = x + 1$ after factoring, also the limit becomes $2$ because we again factor, so in total by definition the function is continuous, however if we draw the graph then there is an asymptote at $x = 1$, so it's discontinuous.
So in then final result what can we say about the continuity of this function?
That is some poor wording on this question.
A possible rewording of the question:
Now: $f$ is continuous at a point $x_0$ iff for every sequence $(x_n)_{n\in\mathbb N}$ with $\lim\limits_{n\to\infty} x_n=x_0$ we also have $\lim\limits_{n\to\infty} f(x_n)=f(x_0)$. For functions $f:\mathbb R\rightarrow\mathbb R$ or $f:(a,b)\rightarrow \mathbb R$ with $-\infty<a<b<\infty$ this can be simplified to $$\lim\limits_{x\uparrow x_0}f(x)=f(x_0)=\lim\limits_{x\downarrow x_0} f(x).$$
Factorising is a good start, you have already done 90% of the work there is to do...can you take it from here?
On a sidenote: drawing the graph is something one can do to get a general idea of the function, but it will not tell you anything about the function being continuous or not. And I don't know how you drew the graph, but there won't be any asymptote at $x=1$.