I BUY BITCOINS when i get to hear that the price has stumped or lost over $20 of its gain
This is what I am doing too when the price is going to decrease dramatically but as of now I guess the price is not going to decrease either. So it is better if you are not going to wait any longer for the price of bitcoin to decrease and instead while the price is still low buy earlier today so when the price increases you are going to cover up some profit with it.
Yes and I think current price is reasonable to buy bitcoins as price will rise in future, so if we buy now then we can expect some profits by selling them at higher price in future.
That is right. The bitcoin is quite stable recently. There is no price bubble in it. It is a good time to buy.