LP token Imperment loss

Hi, I read up about this once I started farming, but I am still quite confused what impact could be in a very volatile market. I actually got out of some of my LP tokens because of the risk of loss seems high. Wondering what your thoughts are on this topic.
Thanks

I saw this video about the topic very well explained.

https://www.youtube.com/watch?v=8XJ1MSTEuU0&t=3s&ab_channel=Finematics

Great video, thanks for sharing!