1) You are a new grad. Contrary to what some people may say, you are on equal footing with every other new grad. Portfolios and your academic track record are only mildly interesting. Internships give a minor head start to some people, but from the perspective of someone who has been around for a few decades, that isn't a huge difference -- none of you have substantial professional experience. So your recent struggles do not need to be a factor when looking for work. Focus on your future, not your past.
2) More generally, at any stage of life, to get some momentum rolling after struggles -- start small. Do some tiny projects just to get warmed back up to being productive. Give yourself some successes to build from. Once you done a few tiny things, start building bigger things. You'll feel better about everything else once your most recent projects are successes.
Albeit what I'm a bit fearful is the state of IT market here. I don't want to exactly say which I am in, but according to my peers stories here in Poland most companies are stopping recruiting juniors by now at all.
EDIT: And when I think about that too... I still have this lingering thought it might be too late for me, that I'm at a point where it's certain for me I'll never be able to achieve much.
1) You are a new grad. Contrary to what some people may say, you are on equal footing with every other new grad. Portfolios and your academic track record are only mildly interesting. Internships give a minor head start to some people, but from the perspective of someone who has been around for a few decades, that isn't a huge difference -- none of you have substantial professional experience. So your recent struggles do not need to be a factor when looking for work. Focus on your future, not your past.
2) More generally, at any stage of life, to get some momentum rolling after struggles -- start small. Do some tiny projects just to get warmed back up to being productive. Give yourself some successes to build from. Once you done a few tiny things, start building bigger things. You'll feel better about everything else once your most recent projects are successes.