By patience the OP meant that you should always think of the conclusion before initiating any trade, you should do proper research and then do a trade. You should never be influenced by what others say, do your own TA and see what the market looks like as the market always speaks through charts and they are the best way to make money. I have seen many people who just jump right in when the price is rising thinking they will buy high and sell a little higher, but they surely get REKT. Also not always buying in a dump period is not good as then also you can be the one holding a pile of worthless coins.