$$\sqrt{e^{2\pi i}} = \sqrt{1} = 1 $$
However,
$$(e^{2\pi i})^\frac {1}{2} = e^{\pi i} = -1$$
By substituting $e$ for $\lim_{x\to 0} (1 + 1/x)^x$, it proves that the result in the first equation is accurate. Hence, I would like to know what is wrong with the second equation.
That depends upon the meaning of $\sqrt{\ }$: