I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
It depends on investments. You should take into account the prices of altcoins during the time you bought them and their costs now. If you see that the returns can be great, and you need money urgently, you can sell alts. I am going to hold crypto longer.
If we just keep holding without any specific value to reach then we might not get any profits or the profits we are supposed to get for that atleast have some target value from your purchase price then later sell half or some part of the holdings for cash and just hold the remaining longer.