Yes and no. If you boost anything, then you have the chance to cause clipping. If you cut anything, you will be fine.
I say chance to cause clipping because if you used a 0dB tone for setting the gain, there is a good chance the music you're listening to isn't recorded at 0dB but rather lower. This means you could boost some and not cause any clipping but if you're listening to a lot of rap, boosting the bass will probably push things over the edge.