Risk is not the same as movement

A price that jumps is not automatically a danger, and a price that sits still is not automatically safe. Risk is the chance you cannot meet a future need because you misunderstood the distribution of outcomes.

Volatility is weather. Solvency is climate. If you will not need the money for a decade, daily movement is information, not injury. If you need it on Tuesday, even a “safe” asset can be risky if it cannot be sold without loss.

Write down the date you will need the funds. That date, not the headline, decides the risk you can actually hold.