No, it doesn't boil down to patience.
It either boils down to a ticker being promoted or a legitimate company showing progress towards profitability.
Case in point? Your reference to it going to $.20 in the past. Not that it did from what I see. Did you mean $.02? In any case, it did so based solely on the hype created with the news of the project. Since then, there's been no progress made and the sp reflects that. A failed gamble.
So, the hype made for a successful trade but buying at any price proved to be a bad investment and the only thing that patience got anyone was virtually complete loss of their money.
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!