It obviously doesn't involve any data loss and hence a comparatively safe option. Minor glitches with your iOS can be fixed by forcefully restarting the iPhone and get it out of the iOS errors. When a bulb is reset, it will be reset to factory this means it will forget the hub to which it was associated. Do not reset Element bulbs that are working as intended. Clear Windows Store Cache with WSReset.exe Run CMD as administrator.
To reset the cache for Microsoft Store you can use Windows Settings or use the built-in command-line tool cames WSReset.exe.