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I know more than a few students who have the same workflow - regularly pulling allnighters, or just being caffeine-fueled stress machines. (It's not usually brilliant work, though...) I can't imagine keeping that crunch going for years though! But if it works, and if it pays off, why not? The panic has been motivating me as well. But unlike you, I need that pressure only to get me going. If I don't feel legitimate pressure I have a hard time starting my day productively. Once I get in a flow, I can just continue working until I get tired.