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

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

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

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

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

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From our calculations, should you work 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 a whole different story. Now, you can build a cryptocurrency faucet relatively easily and earn money from selling ads on your site.

At 99Bitcoins we've been running our own faucet for almost 3 decades now. Depending on the advertisers youre using and the amount of traffic you have you can make around $1000/month running a faucet.

However, running a faucet takes a reasonable amount of time and effort. Youll need to establish your own website, 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. In other words, you can use your BitcoinTalk signature to advertise a product and get paid for every post you write. The complete collection of campaigns can be seen on the discussion itself.

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Having a signature campaign You get paid according to your membership degree on BitcoinTalk. Usually, anyone using a standing less than complete member wont get paid that much, if at all. To be a full member, youll need at least 120 posts under your belt. Additionally, there are limitations on posts; for example length, original content, and more. .

From time to time, 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 write and your membership level. This, clearly, does not include the number of posts you need to compose in order to earn the required membership amount on BitcoinTalk. .

One of the quickest, easiest but riskiest ways you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its price is reduced and sell it when the price rises.

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But, trading Bitcoin successfully is not a matter of luck or guesswork. Experienced traders spend over at this website a substantial amount of time learning how to exchange and how to overcome the many risks involved with trading. Successful traders know they might lose money in the brief term but they look at it as an investment in their own education, since they are aiming try this out for the long term. .

If you want to become a trader make sure you have the time and capital to invest in great 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 promote that product or service.

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Of course there are many ways you can market your affiliate link you can discuss it over here on Facebook, run ad campaigns on different sites or even create your own information site and boost your links within your content.

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