When it comes to volatile markets like the cryptocurrency market, it's all about patience because if you are impatient, you will lose both money and opportunities. You lose money when you close your trades at the wrong time, and you lose opportunities if you take positions quickly because sometimes you need to wait for the market to give you better opportunities to get more profit, impatience can make you lose such opportunities.
I've seen a lot of people buying Bitcoin when the price is high and even when the market is giving signals that it is going to have a correction, but they don't wait because they are impatient and they think they will miss profits if it goes up from there. This can also be because of a lack of knowledge and understanding of the market.
Hence, you are right that without patience, one can hardly gain success in anything they do, be it trading or something else.
Buying when the price is high is unfortunately something way too many people do because of FOMO, they do not realize that when they are late they are late and there is nothing that you can do about it.
I personally feel that we should probably stay away from it as much as possible and because of that we could make a lot of money when the price actually goes down. I do not know why they do not do that and why they try to avoid this type of deal, but the reality is that we have to buy when it's low and not when it is high. There are so many people who do not see this growing, we need to make sure that it is going to be careful and we are going to be getting a greater result if we could just keep on holding as much as possible.