If you are using a distro that has repositories, as most of them do, using the package manager (apt-get or yum, for example) is the best way. The repos are curated and the package will run; plus, the package manager will resolve any dependencies.
On my Mint or Mageia boxes, the only time I compile from sources is if the package is not in the repos. It is, however, nice to know how to compile from sources and resolve dependencies on your own. If you've never done it, you should do it at least once.