I think it is not the right move to buy an asset when the price is falling. You need to wait until and where it stops and some kind of pattern or signal of a trading strategy to buy is formed. And this must be expected; many people do not want or do not have the skills of technical analysis. Therefore, they simply buy on the fall at some “round” levels. While the price continues to fly down.
Why it is not the right way to buy when crypto price is decreasing?
I think we must buy crypto coins when they are declining. What signal do you mean? I don't think we must rely on the signal given by other people. We must do our own analysis to buy potential coins. Don't buy coins because we only trust with the signal given by other people.
This is where some people fail to understand, they always depend on other people's call before they would buy forgetting to do their own research. I have had this experience in the past. I joined a call group and there were lots of Crypto calls which I initially do not follow as I was just closely monitoring and observing. The group was a closed group and therefore nobody could comment or see anybody to chat with. After a while, I decided to try and see.
The first call I tried went south. I noticed something there, immediately I bought the token, few days later the project crashed and there was massive dump. The second experience was the removal of the liquidity which occurred in the Dex and I became curious as to why would they remove liquidity and this made me starting to become conscious about the platform and I stopped following up with their calls and after a while the group was deleted there I knew that group was operated by scammers.
After that experience, I decided not to join any call group but rather I choose to make use of coinmarketcap cap new listings to do my own research so that I will be very much sure of what I am investing in to. Not every call or trade investment you take, learn to do your own personal research before engaging with them so as to avoid having issues.