Please understand, I think your advice is good whenever it is possible. We should all try to get a good night of sleep, whenever we can. But sometimes it is not possible, and this thread is about those situations.
I assume you are intelligent enough to know that sometimes sleep is impossible. If I doubted your intelligence, then I might list the many situations where you advice does not apply. I will offer just one anecdote from my experience: in 2003 myself and my business partner were going to meet with investors on a Wednesday, to ask for $250,000. We were out of money, so we had to impress the investors, or we were doomed. I started getting ready for the demo on Monday, and I kept running into bugs, more and more bugs, endless bugs. I ended up working for 20 hours, then getting 2 hours of sleep, then working for 20 more hours, so that we could give a demo on that Wednesday that was bug free.
Sometimes sleep is not an option. That is what this thread is about.