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

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

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

One of the cheapest, easiest but also most time consuming ways 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 period you spend.

Some of the well-known micro earnings sites are Bitcoin taps websites which you repeatedly go to every few minutes in order to claim a tiny amount of coins. Faucets are actually a subcategory of all PTC websites, PTC meaning Pay to Click. PTC sites will often have you click on an advertisement or on a button on the website in order to generate money from ad sales.

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From our calculations, should 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 electricity for running your PC.

While participating as a tap person might not earn you a great deal 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 that you have you can make up to $1000/month running a tap.

However, running find more info a faucet requires a reasonable amount of time and energy. Youll need to set up 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,  started running signature campaigns. In other words, you could 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 discussion .

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone with a standing less than complete 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 on posts; for example 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 how much you compose and your membership level. This, clearly, does not include the number of posts you need to compose in order to earn the required membership level on BitcoinTalk. .

One of the fastest, easiest but riskiest ways that you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to get Bitcoin when its cost is reduced 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 how to overcome the many risks involved with trading. Successful traders know they may lose money in the more information brief term but they consider it as an investment in their own education, since they're aiming for the long term. .

If you want to become a dealer make certain that you've got sufficient time and capital to invest in great 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 free of charge but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, products and services have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to market 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 boost your links within your content.