I knew going in that if I were to get her, it will take time and patience. So none of this should come as a surprise to me. She had a boyfriend and even if she were to break up, I would have to wait a while, to avoid being her rebound.
Maybe from that line ("stop wasting time on her") means that the road ahead of me is a dead end. But she literally just broke up with her boyfriend for less than two weeks when she told me that. We can't expect her to jump into a relationship with me.
Thanks for all the responses. I do appreciate the fact that everyone wants me to get her over quicker so that I can move on quicker. Like I said, my brain understands what you are saying, but my heart is telling me the opposite.
Giving up on her is the easy way out. None of the successes in my life have come easy, so I still believe.