A light image loads faster, posts better and comes out sharper after the networks have had their way with it. Compressing intelligently is not degrading: it is removing what was never needed.
A page or a listing that loads slowly loses visitors. And on social networks, an image that is too heavy gets recompressed without mercy on publish: it comes out mushy. Compressing it yourself, properly, keeps you in control of the result.
The right habit: resize first to the size actually needed (no point sending 6000 px for a 1080 display), then compress. The biggest weight saving often comes from the resize, not from compression alone.
Pick the right format: WebP is lighter than JPG at equal quality for most visuals; PNG stays useful for images with a transparent background. Converting to the right format sometimes does more than compressing.
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WebP is generally lighter at equivalent quality and well supported today. Keep PNG for transparency, JPG for maximum compatibility.
Until you start seeing artifacts, then step back one notch. Your eye is the best judge: compare before and after at full size.
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