As i seen there is lots of altcoin being dumped for low value because of bitcoin fork happening on oct 25 (still not confirmed) so everyone selling altcoins and converting to bitcoin and keeping it in private key holding wallet hope of getting Bitcoingold (Not confirmed by any source ) . So people may be fooled in the name of bitcoingold free coin so proper strtegist right time to buy some good altcoins.
Yes you could do that, because at least the most reliable altcoins, like ethereum, dash, zcash, maybe neo, will probably rise again after the fork I guess people will just sell their bgold, and then invest on those alts again because they are at a low price. I think it's probably to soon to do it now though, because we are still a couple of weeks away from the first fork, so the alts will probably drop even further, so maybe there is not point in buying them now. You should be careful in buyin ethereum though, because bgold is actually trying to compete with them I guess, although I don't think they will be able to do it.