It depends on your climate. Twinkles, like many oncidiums, prefer to be in moist condition.
All of mine came in moss and bark chips in too small a pot. I didn't like super tight small pot and the media was getting mushy.
Now I gorw them in a mix of coconut husk chips, charcoal, perlite, small hydroton balls, and some other minor elements. The main goal is free draining loose (lots of air) mix with good water retention.
Oncidiums grow lots of roots and super tight pot is not ideal for them.
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