Idk what software you're using, but most VM software has an easy way to take a snapshot of the VM state. If you're about to download something risky, take a quick VM snapshot, so if it ends up being some kind of malware, you can just roll the VM back to its earlier state without issue, takes like 2 minutes.
If you're worried about malware spreading through your network, you need to isolate your devices. The most common way to do this is with VLANs, but I don't know what your home network looks like, and if you just have a typical home setup with your ISP's modem/router and all your devices plugged into it or on the default wireless network, you won't be able to do that.
You could also use something like UFW on Linux to only allow internet traffic and block any traffic inbound or outbound to your LAN network, isolating your PC from all other devices on your LAN. This isn't great, because if your host is compromised, then your host-based firewall could also be compromised and the malware could then get out to the rest of your network.
You could invert this and have all your other devices on LAN set to block all traffic from your specific PC, which would be more secure, but also a pain to configure, plus it assumes all the other devices are able to be configured in that way on your LAN.
There are a bunch of other solutions, but it depends on your setup, your technical skill level, and your threat profile. If you're just torrenting cracked games and random software, that's somewhat risky, but not really that crazy if you are running it in a VM with rollback snapshots.