See this text by the ResearchGate team and several discussions for the pros and cons of preprints:

https://www.researchgate.net/blog/preprints-share-3-reasons

https://www.researchgate.net/post/The_importance_and_perception_of_pre-print_servers_eg_Rxiv_in_different_disciplines/1

https://www.researchgate.net/post/benefits_and_usage_of_preprintsorg_for_authors/1

https://www.researchgate.net/post/Is-it-always-advisable-to-upload-a-Preprint/1

https://www.researchgate.net/post/What-are-the-disadvantages-of-preprints-upload/1

https://www.researchgate.net/post/When_is_the_appropriate_moment_to_upload_a_preprint/1

https://www.researchgate.net/post/Is_Preprint_of_research_articles_safe/1

Gilmar Ribeiro Jr

Preprinting your manuscript can be a powerful way to share your research early, receive feedback from the scholarly community, and establish precedence, especially in fast-moving fields. It also increases the visibility of your work, which can be useful for early-career researchers building their academic profile. Platforms like arXiv, bioRxiv, and SSRN are widely used and accepted in many disciplines.

However, there are caveats. Some journals may have restrictions or preferences against prior dissemination through preprints, especially in certain fields like medicine or education. Additionally, once a preprint is public, revisions based on peer review won't retroactively change that version unless you carefully manage updated versions.

In short, if your target journal permits it and you’re confident in the quality of your draft, preprinting can be a strategic move. Just ensure you clearly label it as a preprint and monitor journal policies.