That's probably the most dangerous piece of coco advice ever and it almost killed several of my plants when I first went to straight coco as a medium. You absolutely can overwater coco in any situation where the root system is not well established throughout the container. Seedlings, plants in very early veg starting in larger containers, recent transplants (particularly transplants from very small containers to very large containers, for example 4" pot to 3gal pot without an intermediary transplant) are all at risk for overwatering with coco. With seedlings and transplants especially, the wet-dry-wet cycle is an important step in establishing the root system and should not be ignored.
However -- there ARE issues with coco getting bone dry, so it's a delicate balance. The way I recommend you approach it is to treat it as a soil grow during the seedling and very early veg stage, and then go crazy with the waterings once the root system is established and your environment is dialed in. Keep in mind that you can get away with multiple (i.e. 2-4 or even more) waterings per day with coco, but typically you need to either be feeding without runoff or using smaller containers for mature plants to do that.
Also, if you're running these in a cold environment, remember that the root zone is likely to be between 10-20 degrees cooler than the canopy level, and the root growth will be considerably slower in a cold environment than a warm one. In my experience, coco really does not like the cold, but that's pretty much anything really.