Living or dying?

Are we living or dying? Is there a fundamental difference between the two?

As every second passes by, we are getting old and losing every second of our "timed" life. So, in that sense, we are actually dying and not living. Living is being alive. In that sense, we are living and not dying.

Additionally, there's a catch over here. Both living and dying are seen as actions with having the suffix "ing" in the words signifying action. So, I think there's fundamentally no difference in figurative terms when I say "I'm living" or "I'm dying."

This reminds me of the words which I heard in a song compilation by Arctic Empire. The words were taken from Alan Watts - The Dream of Life

If you awaken from this illusion and you understand that black implies white, self implies other, life implies death, (or shall I say death implies life?), you can feel yourself - not as a stranger in the world - not as something here on probation, not as something that has arrived by fluke - but you can begin to feel you own existence as absolutely fundamental.