More dangerous than inadvertently spinning with too little airspeed is the possibility of shock cooling when relying on a forward slip for too much altitude loss. It really does need to be well-controlled.
In general forward slips are safe, but yes you have to make sure you keep the nose down/speed up. There's little in aviation that isn't dangerous if you aren't careful.
But not because “you don’t get the energy back”. (As recursive suggested about a downhill bike ride which is the part i am disagreeing with.) You do get it back, but because you want to land you bleed it away to drag. And once it is bled away you don’t have it anymore.
So we don’t disagree about the practical implications for flying. I’m disagreeing with recursive’s particular statement about downhill cycling and what it implies about the physics of the problem.
Indeed, which is what the airplane would have done on its way down to land. So it's more like riding the brakes on your way down the hill, and now at the bottom when you realize you need to abort the landing, you are at low speed and it's quite an exercise to get back uphill to try again