How long any one can wait for a Website get loaded ?
According to Website Speed performance statistics if website get more than 5 seconds to load then half your visitors will leave the website.
You, me and all Web users like sites which loaded fast. and so does Google also. Website speed consider as ranking factor by Google. Google is determined to focus on ranking sites based on website mobile experience by mobile users, if your visitor leaving you due to your website slow loading time, your bounce rank getting increased which affect your conversaction and google ranking that mean you getting big loss in Business. to get aspected sales, leads conversation it is important your site loaded fast. if you ignoring site performance and than you will go down in Google SERPs by your competitors.