Patience only works well if you use your patience properly.
If you open a bad trading position, but hesitate or don't want to cut loss and close your bad position, but in fact you want to patiently wait and hope that the market will move and change your bad position to a good one, with profit, it's very terrible. You can lose big money or your position can be liquidated if you use leverage.
In investment, have patience does not always help you getting profit. It is only helpful if you already chose a good cryptocurrency to invest, for example and in my recommendation, it's Bitcoin. If you invest in a shit coin, but patiently hold it, you will get loss, or big loss.
I think that is not what people talk about when they talk about patience most of the time, they mean long term holding, for example like bitcoin holding. Trading isn't something you need to be patient about but something that you need to check the data and if the analysis shows that you are doing the right thing by holding then you could hold some more but if it looks like you should get out then you shouldn't be holding at all.
Trading is usually a lot quicker and that is why it doesn't require patience as much as long term holding does. Same logic would apply to long term holding too, you could buy some shitcoin and be patient that it will go up but it could crash to zero, in that case you should have gone out quickly before it dropped, hence even at long term holding it means that you need to be holding something that will bring you profit and only then it would make sense to be patient and hold long term.