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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there is some magic way you can earn Bitcoins or even earn money from it easily. Im sorry to burst this bubble, but Bitcoin is exactly like any other currency out there.

Even though cryptocurrencies in general may hold a few new possibilities for generating income that the fundamentals are the same youll need to invest cash, or money in order to make money.

Each one of the approaches Ill go over are things weve actually tested ourselves at 99Bitcoins, which means you can rest assured were talking from experience. Lets get started

One of the cheapest, easiest but most time consuming tactics to actually earn Bitcoin is via micro earnings. This means that youll essentially be doing small tasks and earning fractions of a coin for your time you spend.

Some of the well-known micro earnings websites are Bitcoin taps websites which you repeatedly go to every few minutes in order to maintain a very small amount of coins. Faucets are in fact a subcategory of PTC sites, PTC meaning Pay . PTC websites will often have you click on an ad or on a button on the website in order to make money from ad 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 power 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. Now, you can construct a cryptocurrency faucet relatively readily and earn money from selling ads on your site.

At 99Bitcoins we've 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 up to $1000/month running a faucet.

But, running a faucet takes a reasonable amount of time and effort. Youll need to establish your own site, manage customers, 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,  began running signature campaigns. Simply put, you can use your BitcoinTalk signature to advertise a product and get paid for every post you write. The whole list of campaigns can be seen on the forum .

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

Sometimes, theres also a minimum post requirement per week. From our experience you can make around check over here $5 an hour depending no just how much you write and your membership level. This, of course, does not include the number of posts you need to compose in order to earn the required membership amount on BitcoinTalk. .

One of the fastest, easiest but also riskiest ways you can make money with Bitcoin is by trading it on an exchange. Basically youre trying to buy Bitcoin when its cost is reduced and sell it when the cost increases.

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But, trading Bitcoin successfully is not a matter of luck or guesswork. Experienced traders spend a substantial amount of time learning how to exchange and how to overcome the many risks involved in trading. Successful traders know they may get rid of money in the brief term but they consider it as an investment in their education, since they are aiming for the long term. .

If you want to be a dealer be certain that you've got the time and capital 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 promote a certain business free of charge but receive a commission if they manage to bring in paying customers.

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

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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 set up your own information site and promote your links within your content.