After weeks of experimenting I got it right. Here is your fail-proof guide for Instant Pot Rice. Instant Pot white rice, Instant Pot brown rice, instant pot wild rice, and many more, basically an encyclopedia about cooking rice in an instant pot.
Add all ingredients into the Instant Pot. You can double, triple or quadruple all ingredients in same amounts.
Make sure sealing ring is placed properly in lid, add lid, turn shut and turn knob to sealing position.
Cook on high pressure for amount of minutes instructed in the blog post above depending on type of rice.
Natural Pressure Release until pin drops (max. 18 minutes).
Remove all rice from pot immediately to stop from cooking. If needing to keep warm, leave rice in pot after natural pressure release without opening the lid so avoid steam being released and drying out the rice.