There is always a risk of loosing an asset, that includes hijacking. However to reduce forgeting of renewal there is the recipe I have once read here on HN: Re

There is always a risk of loosing an asset, that includes hijacking. However to reduce forgeting of renewal there is the recipe I have once read here on HN: Renew your doman for 10 years now, and then every next year do 1 year renewal. If you forget it then you still have 9 years of buffer.