A virtue is a trait or quality deemed to be morally excellent and thus is valued as a foundation of principle and good moral being. Patience can make us better people. When we say patience is a virtue we are exposing our moral values and expressing the importance of patience. So to answer the question, patience is not a virtue until it truly becomes a virtue and knowing how diverse the spectrum of individualism is.
Patience is very important in life because there are so many things that take time to develop for us to experience in a positive way. Of course we want everything right here right now, but that is not always the way it works. It takes time to build anything of any significance in life. Patience is important in life because if we try to make something happen, we put a lot of stress on ourselves. Life is not about living in the future or in the past. Life is about accepting the present moment. Patience is probably the biggest lesson for man to learn because with infinite patience, we are infinitely merciful and accepting and forgiving.