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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 make money from it easily. Im sorry to burst this bubblebut Bitcoin is exactly like any other currency on the market.

While cryptocurrencies in general may 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.

All of the methods Ill go over are things weve actually tested ourselves here at 99Bitcoins, so that you can rest assured were talking out of experience. Lets get started

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

A number of the more well-known micro earnings sites are Bitcoin faucets sites that you repeatedly visit every couple of minutes in order to claim a very small amount of coins. Faucets are actually a subcategory of all PTC sites, PTC meaning Pay . PTC websites will often have you click on an advertisement or on a button on the site in order to make money from ad sales.

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From our calculations, should 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 computer.

While participating as a faucet person may not earn you a great deal 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 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 traffic you have you can make around $1000/month running a tap.

But, running a faucet takes a reasonable amount of time and effort. Youll need to set up your own website, 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, click here for more info you could use your BitcoinTalk signature to advertise a product and get paid for each post you write. The whole list 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 with a standing less than full member wont get paid that much, if at all. To be a complete member, youll need at least 120 posts under your belt. There are also limitations on articles; 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 how much you write and your membership level. This, clearly, does not include the number of articles you need to compose in order to earn the mandatory membership level on BitcoinTalk. .

One of the quickest, easiest but also riskiest ways you can earn 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 increases.

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But, trading Bitcoin successfully is not a matter of luck or guesswork. Profitable traders spend a substantial amount of time learning how to trade and the way to overcome the many dangers involved in trading. Successful traders know they might lose money in the brief term but they consider it as an investment in their education, since they are aiming for the long term. .

If you want to be a dealer make certain that you have sufficient time and funds to invest in good read this post here trading education.

One of the most overlooked methods to make money with Bitcoin is by promoting various affiliate programs. he has a good point Affiliates are individuals who market a certain business free of charge but receive 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 promote that product or service.

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