Hand catching the H480 is safe enough if one takes due diligence when doing it. Obviously a little more difficult if the gear is stuck up but still do-able. I too, though, would not advocate the exclusive practice of always hand catching. IMHO hand catching should only be done if circumstances dictate the necessity: If the landing gear is stuck up; if the ground surrounding you is rough, etc.
Method if gear is down: descend so the aircraft is above head height so you can reach near to the top of one of the legs WITHOUT STRETCHING. Approach the aircraft rather than bring the aircraft to you; ensure a stable hover; Grab it near the the top of one of the legs while you have a finger poised over the red button (a neck strap is a must have for this); once you have a firm grip of the aircraft kill the motors.
Method if gear is up: Same as above but difficult to catch it at the leg. Can catch it at the gimbal but be careful since it would be very easy to break the gimbal away from the aircraft. Best way is to kill the motors at exactly the same time as you grab it allowing the aircraft to settle into your hand. Hand catching when the gear is up should be a last resort though, and only done if you've tried everything to bring the gear down. It is possible to land on the ground if you a skillful in doing very soft landings. Yes, you run the risk of breaking a couple of props and the gimbal rails but any damage can be minimal, if any at all, if you are very skilled at soft landings....but it takes A LOT of skill...a very steady soft touch on that left stick.