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Yes, shared hosting is also best but as the name suggests the resources are shared among the users, resulting in less security as compared to the dedicated hosting.
The main advantage of dedicated hosting is your website is highly secured with processes like firewall and antiviruses due to which your functions will work better.
Dedicated hosting is more expensive than VPS and shared hosting. You should not choose dedicated hosting if your website does not get a lot of traffic. But yes, dedicated hosting is the safest one.
If you are a new user, then I would suggest you go with shared hosting. You can have the experience and then if your business grows you can opt for VPS and then dedicated.
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