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

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

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

One of the cheapest, easiest but also most time consuming tactics to actually earn Bitcoin is through micro earnings. This means that youll basically be doing small jobs and earning fractions of a coin for the period you spend.

Some of the well-known micro earnings websites 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 all PTC sites, PTC meaning Pay . PTC sites will often have you click on an ad or on a button on the site in order to generate money from ad 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 power for running your PC.

While participating as a faucet person 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 years now. Depending on the advertisers youre using and the amount of traffic that you have you can make around $1000/month running a faucet.

However, running a faucet takes a reasonable amount of time and energy. 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. Simply put, you can use your BitcoinTalk signature to advertise a product and get paid for each post you write. The complete 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 level on BitcoinTalk. Typically, anyone with a status less than full member wont get paid that much, if at all. To become a full member, youll need at least 120 posts under your belt. Additionally, there are limitations on articles; for example length, original content, and more. .

Sometimes, theres also a minimum post requirement per week. From our experience you can make around $5 an hour depending no how much you my sources write and your membership level. This, clearly, does not include the number of articles 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. Basically youre trying to buy Bitcoin when its price is reduced and sell it when the cost rises.

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

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

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

Many Bitcoin exchanges, goods 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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Of course there are many ways you can promote your affiliate link you can share it on Facebook, run ad their explanation campaigns on different sites or even create your own information website and promote your links within the content.