Not true. It is more important to go to bed at the same time and wake up at the same time everyday. Not everyone needs eight hours. In fact, if I get eight hours sleep I usually feel tired and groggy for the entire day.
Many drugs affect the release, arrest and efficacy of serotonin, including antidepressants, psychedelic hallucinogens, synthetic opiates, dissociatives, drugs for treating migraines, antihistamines, and stimulants such as MDMA.
Serotonin is another neurotransmitter affected by many drugs of abuse, including cocaine, amphetamines, LSD, and alcohol. Serotonin is made by neurons in the Raphe nuclei. These neurons reach and dump serotonin onto almost the entire brain, as well as the spinal cord.