Can you lose money on Kraken?

So, I've been hearing a lot about Kraken as a cryptocurrency exchange platform. But, I'm a bit hesitant to dive in because I'm worried about the possibility of losing money. Can you really lose money on Kraken? I mean, is there a risk involved in trading cryptocurrencies on this platform? How does it compare to other exchanges? And what steps can I take to minimize my potential losses? I'm looking for a bit of guidance before I make any decisions.