Will Conda affect existing Python installation?

I’m on Ubuntu 20.04.5 with system provided Python 3.8.10. I also installed Python 3.10.4 and use both with venv and pip for development with VS Code. Unfortunately, there are some packages not available at all or in newer versions with pip. I would like to install Conda in my home directory, but I had issues with Conda installation a while ago, which bricked other applications relying on Python, e.g. ROS and Ignition.

Is it safe to install it? Any specific precautions I should follow?