I'm a newbie. I don't know anything.
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That said, I think common sense dictates that frequent water changes are fine, so long as the water change does not drastically (and rapidly) change the tank environment.
Over 24 hours, the tank environment has plenty of time to adjust to the introduction of new water. That is, I doubt a second water change 24 hours later would have any relationship with the prior water change. The water changes probably aren't cumulative in this situation.
On the other hand, if you change 20% of the water and then change 20% every 10 minutes after that... well, that might not be such a great idea. The water changes are cumulative, and the environment changes rapidly.
- mb