I am not an expert of things guitar and bass, so this is my personal opinion.
If you want to start with something - get this thing + analog drive/distortion pedal. You will be able to experiment with 5 simultaneous effects, including Pedal modulations, plus 3 band EQ, Tuner, Looper and Drum-machine/Metronome.
Instead of getting separate pedals for each function - this saves money and floorspace. The thing is very portable, runs on batteries as well as Mains adaptor and USB - use USB power cells with it too. Great for Jams.
The sound quality is fine enough for my ears. One can always by a high end pedal for specific function if needed.
TLDR: I like it, Im happy, would recommend.