It is very likely technique.
What works for me is lots if very thin coats, so by thin I mean just wetting the surface, brush out, minimal brushstrokes and no overworking. Waterbase dries very fast, so within an hour in room temp conditions you can get the next coat on when it has tacked.
This works well if you have a large-ish job as you can work your way around, by the time you get back to the start, it is ready for another coat. For small jobs just wrap the brush in cling film between coats, go do the shopping, get paper etc, by the time you are back you put on the next thin coat, so on ad infinitum. Usually a minimum of three coats depending on finish required.
One issue I have found that as you add more coats ie 3+, the finish starts to look increasingly ‘plasticky’ and can give a rather odd look to vintage furniture if you are not careful.
Bear in mind with the old stuff you had to allow 8 to 12 hours, before putting the next coat on, which tended to encourage a ‘one (thick) coat wonder’ mentality! Now you can get multiple coats on in a few hours, but expect to spend more time on the job.