It all depends on the story.
If you think that Netflix destroyed the episodic media consumption model when it started releasing full seasons of the shows on day one, then you're wrong. Those who are interested in amine have been binge-watching shows even before Netflix was even conceived. And the dilemma between watching something in one or two sittings or episodically persisted for decades.
There are some shows that leave you with one cliffhanger after another and you just cannot stop watching them until you reach the finish line. Those who watched the original runs of Death Note or Code Geass know how suspense can kill with the weekly release of the series. But some shows that have an episodic nature don't have to be binged. Some of the shows even win from being consumed in small portions.
Binge-watching helps you keep the whole picture in mind and not miss some minor details that may be relevant in the later episodes, which is good for the shows that have overarching plots. But you can get tired from the show itself faster.
Some series' are too overwhelming to be binged, with a lot of stuff happening simultaneously that you just can't properly process if after one episode you're instantly devouring another. This happens with shows like Osomatsu-san, Monogatari Series, or The Melancholy of Haruhi Suzumiya, which rely on being bizarre first and think about the overarching plot second.
Story-driven series are the ones that win from binging. Character-driven ones, however, are more enjoyable in an episodic manner. Gintama is a perfect example of both: the general story is character-driven, relying on hilarity and interaction between characters, and there are times when watching more than a few episodes in one sitting feels like it would inflict serious brain damage. But when the plot thickens and it gets to the long, serious arcs, it suddenly becomes hard to stop watching it without finishing the arc.
Because in these arcs, it relies on the general structure of the plot-driven shows: cliffhangers, raised drama, additional epic fights, and so on. It hooks you, and practically forces you to binge it.
And it also comes down to personal preferences. Some prefer to enjoy the shows in little bites; others like to devour them as fast as possible. Just know that the pacing and perception of some shows can significantly differ based on the method of consumption.