Lots of good info here. The only things I would add are:
Bass has been compressed on records for years, through a compressor or through the processes of tape, distortion, preamps etc. Live bass is compressed by almost every sound engineer. So 99.9% of every bass you've ever heard recorded or live has been compressed - that's the sound of bass. Your choice about whether you compress, but for me, I want to sound like all those great bass players and tones on records or gigs.
I can relate to those who say they struggle with losing dynamics on a gig to the point where they play too hard and get nothing back. That was me too until I got a Cali 76 Compact Bass compressor with a blend knob (or dry/compressed. This is parallel compression which has been used for many years in studios. It gives you back most of your dynamic range, with the smoothing and attack shaping of the compressor on top.
Bass has been compressed on records for years, through a compressor or through the processes of tape, distortion, preamps etc. Live bass is compressed by almost every sound engineer. So 99.9% of every bass you've ever heard recorded or live has been compressed - that's the sound of bass. Your choice about whether you compress, but for me, I want to sound like all those great bass players and tones on records or gigs.
I can relate to those who say they struggle with losing dynamics on a gig to the point where they play too hard and get nothing back. That was me too until I got a Cali 76 Compact Bass compressor with a blend knob (or dry/compressed. This is parallel compression which has been used for many years in studios. It gives you back most of your dynamic range, with the smoothing and attack shaping of the compressor on top.