The idiom "fish or cut bait" means to make a decision and take action, or to stop procrastinating and choose between two options. It is often used to encourage someone to stop being indecisive and either commit to a course of action or abandon it altogether.
The origin of this phrase is related to fishing. When fishing, you have to decide whether to keep fishing or cut the bait and move on to another spot. If you keep fishing without catching anything, you are wasting your time and resources. Similarly, in life, if you are not making progress or achieving your goals, it's time to make a decision and take action.
For example, if someone is considering whether to continue with a job they don't enjoy or quit and pursue their passion, someone might say "It's time to fish or cut bait. You need to decide whether to stay in your job or take the risk and pursue your passion."
In summary, "fish or cut bait" is a slang phrase that means to make a decision and take action, or to stop procrastinating and choose between two options.
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