being induced - is it that bad?? your experience?

Janine • Janine, 24, pregnant with baby #3
I may be getting induced and I'm really nervous, This is my third baby, I had 2 natural deliveries no pain relief & waterbirths. They are wanting to induce me this time around and I have no idea what to expect, are things more likely to go wrong? Will I be bed bound? Can I still have a waterbirth?