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For some strange reason, people tend to think that because Bitcoin is a new form of currency, there's some magical way you can earn Bitcoins or even earn money from it readily. Im sorry to burst this bubble, but Bitcoin is just like any other currency on the market.

Even though cryptocurrencies in general might hold some new possibilities for generating income that the basics 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 actually tested ourselves at 99Bitcoins, so that you can rest assured were talking from experience. Lets get started

One of the most affordable, easiest but 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 your period you spend.

Some of the more well-known micro earnings sites are Bitcoin faucets sites 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 all PTC sites, PTC meaning Pay to Click. PTC websites will often have you click on an ad or on a button on the site in order to make money from advertisement 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 PC.

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 readily 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 around $1000/month running a faucet.

But, running a faucet requires a reasonable amount of time and energy. 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. Simply put, you could 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 discussion itself.

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone with a standing less than complete member wont get paid that much, in the end. 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. .

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

One of the quickest, easiest but riskiest ways that you can make 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 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 trade and the way to conquer the many risks involved with trading. Successful traders know they might get rid of money in the short term but they look at it as an investment in their own education, since they're aiming for the long run. .

If you want to become a dealer be certain that you've got 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, products and providers have an affiliate program in which you can enroll. You then get visit the site your own unique affiliate link in order to market that product or service.

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Of course there are many ways that you can promote your affiliate link you can share it on Facebook, run advertising campaigns on different sites or even set up your own information website and boost your links within your content.

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