Every currency has its ups and downs and now that btc has dropped you go and wrute a topic like this....get a hold of yourself man,as the guys before me said,btc has dropped and climbed many times so no it is not dead.
Just as tge guys before me said,dont be a bag holder and just watch the markets,you dont have to invest in anything right away.Just take your time,see how the altcoins behave and then when you see some kind of a "pattern" then you invest