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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there is some magic way you can earn Bitcoins or even make money from it readily. Im sorry to burst the bubblebut Bitcoin is just like any other currency on the market.

While cryptocurrencies in general may hold a few new possibilities for generating income the basics are the exact same youll need to invest time, or money in order to generate money.

All of the approaches Ill go over are things weve really tested ourselves here at 99Bitcoins, so that you can rest assured were talking out of experience. Lets get started

One of the cheapest, easiest but also most time consuming ways to really earn Bitcoin is through micro earnings. This means that youll basically be doing little tasks and earning fractions of a coin for your time you spend.

A number of the well-known micro earnings sites are Bitcoin faucets sites that you repeatedly go to every couple of minutes in order to claim a very small amount of coins. Faucets are actually a subcategory of PTC websites, PTC meaning Pay . PTC websites will often have you click on an advertisement or on a button on the site in order to make money from advertisement sales.

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From our calculations, if you operate non stop at clicking buttons youll average anywhere between 5-40 cents an hour. Not sure thats worth your time or even the electricity for running your computer.

While participating as a faucet user might not earn you a great deal of money, owning your own faucet is an entire different story. Today, you can build a cryptocurrency faucet relatively easily and earn money from selling ads on your site.

At 99Bitcoins we have been running our own faucet for just about 3 decades now. Depending on the advertisers youre using and the amount of visitors that you have you can make around $1000/month running a tap.

But, running a faucet takes a reasonable amount of time and energy. Youll need to set up your own website, manage users, prevent fraud and also bring some initial capital to fund the faucet when starting out. Heres our beginners guide to running a faucet.

Somewhere around mid-2014, BitcoinTalk, a leading Bitcoin forum,  started running signature campaigns. Simply put, you could use your BitcoinTalk signature to market a product and get paid for each post you write. The whole list of campaigns can be seen on the forum itself.

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With a signature campaign You get paid according to your membership degree on BitcoinTalk. Typically, hop over to these guys anyone with a standing less than full member wont get paid that much, in the end. To be a complete member, youll need at least 120 posts under your belt. There are also limitations on articles; for example length, original content, and much more. .

Sometimes, theres also a minimum post requirement per week. From our experience you can make up to $5 an hour depending no just how much you compose and your membership level. This, clearly, does not include the number of articles you need to compose in order to earn the mandatory membership level on BitcoinTalk. .

One of the fastest, easiest but also riskiest ways that you can earn money with Bitcoin is by trading it on an exchange. Basically youre trying to get Bitcoin when its cost is low and sell it when the cost rises.

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But, trading Bitcoin successfully is not a matter of luck or guesswork. Profitable traders spend a substantial amount of time learning how to exchange and the way to conquer the many dangers involved in trading. Successful traders know they might get rid of money in the brief term but they look at it as an investment in their own education, since they're aiming for the long run. .

If you want to become a dealer be certain that you have the time and funds to invest in good trading education.

One of the most overlooked methods to earn money with Bitcoin is by promoting through various affiliate programs. Affiliates are individuals who market a certain business for free but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, products and providers have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to market that product or service.

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Naturally there are many ways that you can market your affiliate link you can share it on Facebook, run advertising campaigns on different websites or even create your own information site and boost your links within the content.