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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 bubble, but Bitcoin is just like any other currency out there.

Even though cryptocurrencies in general might hold some new possibilities for generating income that the fundamentals are the exact 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 here at 99Bitcoins, which means you can rest assured were talking out of experience. Lets get started

One of the cheapest, easiest but also most time consuming tactics to really earn Bitcoin is via micro earnings. This means that youll basically be doing small tasks and earning fractions of a coin to get your time you spend.

Some of the well-known micro earnings sites are Bitcoin taps websites that you repeatedly visit every couple of minutes in order to maintain a tiny amount of coins. Faucets are actually a subcategory of PTC websites, PTC meaning Pay . PTC sites 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 PC.

While participating as a tap person may not earn you a lot of money, owning your own faucet is an entire different story. Now, you can build a cryptocurrency faucet relatively readily and earn money from selling ads on your site.

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

However, running a faucet takes 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. Simply put, you can use your BitcoinTalk signature to advertise a product and get paid for every post you write. The complete collection of campaigns can be seen on the forum itself.

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Having 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, if at all. To become a complete member, youll need at least 120 posts under your belt. There are also limitations on posts; such as length, original content, and more. .

Sometimes, theres also a minimum post requirement each 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 fastest, 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 price 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 the way to overcome the many risks involved with trading. Successful traders know they may get rid of money in the brief term but they consider it as an investment in their own education, since they're aiming for the long run. .

If you want to be a dealer be certain that you have sufficient time and capital to this website invest in good trading education.

One of the most overlooked ways to earn money with Bitcoin is by promoting various affiliate programs. Affiliates are individuals 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 services 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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Of course there are many ways that you can promote your affiliate link you can discuss it on Facebook, run advertising campaigns on different sites or even set up your own information website and promote your links within your content.