The volcano eruption can be delayed, not stopped, unless you stay near/inside the volcano and do nothing.
I think the OP is about the game could be better designed, not better played.
The point is to provide more choices, like brave the night vs. sleep. That means if you don't sleep, you'll be faced with both danger and some resource being easier to get (e.g. fireflies, mushrooms, stronger Abigail). That's what's called a risk, not something like "if you don't play properly you'll get punishment".