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

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

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

One of the most affordable, easiest but most time consuming ways to actually earn Bitcoin is through micro earnings. This means that youll essentially be doing little jobs and earning fractions of a coin for the time you spend.

Some of the more well-known micro earnings websites are Bitcoin taps websites that you repeatedly visit every couple of minutes in order to maintain a very small amount of coins. Faucets are in fact a subcategory of PTC websites, PTC meaning Pay . PTC sites will often have you click on an ad 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 tap user may not earn you a great deal of money, owning your own faucet is an entire 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 years now. Depending on the advertisers youre using and the amount of visitors you have you can make up to $1000/month running a tap.

However, running a faucet requires a reasonable amount of time and effort. Youll need to establish your own site, 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,  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 whole list of campaigns can be seen on the forum .

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone with a status less than complete member wont get paid that much, in the end. To be a complete member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; such as 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 how much you write and your membership level. This, of course, does not include the number of posts you need to write in order to earn the required membership level on BitcoinTalk. .

One of the fastest, easiest but riskiest ways you can make money with Bitcoin is by trading it click for source on an exchange. Basically 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 a substantial amount of time learning how to exchange and the way to overcome the many dangers involved in trading. Successful traders know they may lose money in the brief term but they consider it as an investment in their own education, since they are aiming for the long term. .

If you want to be a dealer make sure you have the time and funds 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 people who market a certain business free of charge but get 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 service or product.

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Naturally there are many ways you can market your affiliate link you can discuss it on Facebook, run ad campaigns on different sites or even set up your own information site and boost your links within your content.

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