Bitcoin (BTC) has once again proved its resilience, surging to a new all-time high of over $72,000 in 2024, silencing critics who had previously proclaimed it "dead." The cryptocurrency's recent price rally has attracted the masses, but it is important to remember that BTC is much more than its dollar representation, featuring numerous fundamentals that make it an attractive investment opportunity. However, investors should always calculate the risks and be prepared for potential losses. As the upcoming BTC halving event approaches, creating a scarcity effect and potentially increasing the value of each BTC, it is essential for investors to remain cautious and not become overly obsessed with the digital asset.