Is it a big risk to disable my keyring password, if I already have to enter a disk encryption password every time I boot? [closed]

I originally had to enter my login password twice when I booted my PC, once for encryption, once for login. I turned on auto-login, but now I get the keyring popup. If I disable this, is the risk purely physical? If I am the only one with access to my PC, I can still lock it, and when it times out, it still locks. Is there any other risk?

I am using Pop_OS btw.