Asking if bitcoin is dead at this moment sounds funny, I don't know what's your definition when referring to a dead asset but when something is referred as dead it has no live anymore. For example when an altcoin is dead it's finished, no good quality like experiencing a rise so calling bitcoin dead is not appropriate because bitcoin has the ability to bounce back like we've seen different situation like this.
Should those who didn't buy all along dare to jump in or would you recommend going for ALTs as the rising of Bitcoin often drag along the altcoins. Let me hear your thoughts?
Not all altcoins will benefit during the bullmarket likewise some investors will not be a partaker of this benefit, this is your choice and decision to make but it's best you focus more on real informations about bitcoin, investors who still accumulate bitcoin now are not fools but accumulating bitcoin now is not too late, although it looks like a late accumulation but with the long term plan an investor will benefit even with the volatility nature.