Everyone aims for profit and nothing else, right? So, how efficiently making use of the peaks like sudden rise or gradual rise would be the matter of question here. Every individual will prefer to get quicker profits in my opinion as they do believe in more active trading until they gain experiences on dangers of booking at small profits.
Only when you learn about the power of long term holding then you will come to the practice of aiming for gradual rise and then might go for booking profits only at trend reversal.
I have to say it is clear to me that we could not have any type of profit for a very long period of time if we keep on trading at the hyped periods all the time and not any other time. Reality is that long term holding is great, DCA your way into lowering purchasing price and keep waiting is awesome, only because it also includes the down times as well, which means you get to buy cheap and making profit that way is easier.
I would say if you keep on focusing at the potential profits at every time there is an increase, then you are going to jump the bandwagon for hyped periods and make a loss, but when you do long term then you do not get excited about one part, you will try your best in every single period.