If you've been investing in crypto for less than two years and your portfolio is in the red today then don't worry you haven't done anything wrong and you are not alone.

Title sorta says it all really, there's going to be a lot of people in this sub reddit that have started serious investing in crypto within the last two years and yet despite the good advice to DCA, research decent projects, avoid the rug pulls etc they are probably looking at either very little gains or just losses.

BTC really has been quite a poor investment in the last year, hitting about 18% return year on year on Coinbase today and still dropping. Also, its volatility will have meant that most DCA payments would have been at a loss at the moment with most months in the last year being far higher price point than today (basically all of Feb, March, April, May, Aug, Sep, Oct, Nov, and Dec all being red months now).

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However, it's not as bad as it first looks. I've been estimating a £30k ish bottom to this market drop for a month based on reasons and I still stand by it. I estimated that the bottom would be reached at about 10th January although Kazakhstan having 'issues' and turning off the internet meaning no miners and no hash rate for BTC has moved that market forward quicker than anyone could have predicted.

As always don't invest what you can't afford to loose but providing Kazakhstan sorts itself out within a week I do believe that the price will start rising again afterwards and continue rising so I would advise you not to panic sell or worry yourself ill just yet.

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Edit: I've been informed that America is also going through some financial issues right now so while I stand by the fact that Kazakhstan is a crypto issue I stand corrected that it is probably not the major contributor.