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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there's some magical way you can earn Bitcoins or 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 may hold some new possibilities for generating income the basics are the exact same youll need to invest time, or money in order to generate money.

Each one the approaches Ill go over are things weve actually tested ourselves here 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 ways to really earn Bitcoin is through micro earnings. This means that youll basically be doing small jobs and earning fractions of a coin for the time you spend.

Some of the more 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 websites, 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 ad 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 tap person may not earn you a lot 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 website.

At 99Bitcoins we've been running our own faucet for just about 3 years now. Depending on the advertisers Web Site youre using and the amount of visitors you have you can make up to $1000/month running a faucet.

But, running a faucet requires a reasonable amount of time and energy. Youll need to set up your own website, manage users, 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 could use your BitcoinTalk signature to market a product and get paid for each post you write. The complete collection 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. Usually, anyone using a status less than full member wont get paid that much, in the end. To become a complete member, youll need at least 120 articles under your belt. Additionally, there are limitations site here on posts; such as length, original content, and more. .

From time to time, theres also a minimum post requirement each week. From our experience you can make up to $5 an hour depending no just how much you compose and your membership level. This, of course, does not include the number of posts you need to write in order to earn the mandatory membership level on BitcoinTalk. .

One of the fastest, easiest but riskiest ways you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to get Bitcoin when its cost is low and sell it when the cost increases.

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However, trading Bitcoin successfully is not a matter of luck or guesswork. Experienced traders spend a substantial amount of time learning how to exchange and Look At This how to conquer the many risks involved with trading. Successful traders know they may lose money in the brief term but they look at it as an investment in their education, since they're aiming for the long run. .

If you want to be a trader be certain that 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 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 promote that product or service.

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Naturally 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 promote your links within the content.