All steels are a trade-off between wear resistance, toughness, corrosion resistance, and cost.
IMO, the difference is that wear resistance benefits all users - with all other factors held constant, the more, the better. In other words, I don't think there's such a thing as a knife being "too" wear resistant for someone. I'm ignoring ease of sharpening in that assessment - see the final paragraph.
The other factors are something where you can have "too much" for your needs. For example, I find that steels like 3V won't rust in the environments in which I use them, so anything that's more corrosion resistant than that doesn't really benefit me. Same with toughness - I'm not chopping through hardwoods with embedded nails, so I don't need the toughness of 1055.
In other words, find the steel (with the corresponding heat treat and geometry) that delivers enough toughness and corrosion resistance for your needs, and that you can afford. Beyond that, go for the most wear resistance you can get.
I'm ignoring ease of sharpening in that, unless you need to be able to field sharpen a knife on a piece of granite, or find diamond stones prohibitively expensive, all steels should be sharpenable by all users (with practice and patience). Spending more time per sharpening, but doing it much less often, is IMO an easy trade-off to make - I can't really thing of a use case (other than field sharpening) where that trade-off wouldn't make sense.