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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there's some magic way you can earn Bitcoins or even make money from it easily. Im sorry to burst the bubblebut Bitcoin is exactly like any other currency out there.

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

All of the approaches Ill go over are things weve really tested ourselves at 99Bitcoins, which means that you can rest assured were talking from 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 tasks and earning fractions of a coin to get the period you spend.

A number of the more well-known micro earnings sites are Bitcoin faucets sites which you repeatedly visit every few minutes in order to claim a very small amount of coins. Faucets are in fact a subcategory of PTC sites, PTC meaning Pay . PTC websites will usually have you click on an advertisement or on a button on the website 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 electricity for running your PC.

While participating as a tap person 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 website.

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 tap.

However, running a faucet takes a reasonable amount of time and effort. Youll need to set up your own website, manage over here 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. In other words, you can use your BitcoinTalk signature to advertise a product and get paid for each 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 full 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 articles; for example length, original content, and more. .

From time to time, 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, of course, does not include the number of posts you need to compose in order to earn the mandatory membership level on BitcoinTalk. .

One of the quickest, easiest but riskiest ways you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to get Bitcoin when its price is reduced and sell it when the cost rises.

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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 conquer the many risks involved with trading. Successful traders know they may lose money in the short term but they look at it as an investment in their education, since they're aiming for the long term. .

If you want to become a trader make certain that you've got the time and funds to invest in great trading education.

One of the most overlooked ways to make 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 your own unique affiliate link in order to market that service or product.

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

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