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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 earn money from it easily. Im sorry to burst this bubblebut Bitcoin is just like any other currency out there.

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

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

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

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

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From our calculations, if 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 computer.

While participating as a faucet user might not earn you a lot of money, owning your own faucet is a whole 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 almost 3 decades now. Depending on the advertisers youre using and the amount of visitors you have you can make up to $1000/month running a faucet.

But, running a faucet takes a reasonable amount of time and energy. Youll need to establish Homepage your own website, manage customers, prevent fraud and 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 can use your BitcoinTalk signature to market a product and get paid for each post you write. The complete list of campaigns can be seen on the forum .

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With a signature campaign You get paid according to your membership degree on BitcoinTalk. Typically, anyone using a status less than complete member wont get paid important site that much, in the end. To become a full member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; such as length, original content, and 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 write and your membership level. This, clearly, does not include the number of articles you need to write in order to earn the mandatory membership amount on BitcoinTalk. .

One of the quickest, easiest but also 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 low and sell it when the cost increases.

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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 overcome the many risks 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 term. .

If you want to be a trader be sure you've got the time and funds to invest in good trading education.

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

Many Bitcoin exchanges, goods and services have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to promote 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 ad campaigns on different websites or even create your own information site and boost your links within the content.

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