All private and public IP addresses can be either static or dynamic. IP addresses that you configure manually and fix them to the network of your device are called static IP addresses. Static IP addresses cannot change automatically.
The dynamic IP address configures automatically and assign an IP to your network when you set up the router with internet. This distribution of IP addresses is managed by Dynamic Host Configuration Protocol (DHCP). DHCP can be your internet router that assigns an IP address to your network in your home or business environment.
Takeaway: an IP address identifies your computer or connected device on the internet, and it can be used to narrow down your physical location. Keep this in mind – it’ll make things easier to understand in the sections following this one.