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For some strange reason, people tend to think that since Bitcoin is a new form of currency, there is some magic way you can earn Bitcoins or even earn money from it readily. Im sorry to burst the bubblebut Bitcoin is just like any other currency out there.

Even though cryptocurrencies in general may hold some new possibilities for generating income the basics are the same youll need to invest time, or money in order to make money.

All of the approaches Ill go over are things weve actually tested ourselves at 99Bitcoins, which means you can rest assured were talking from 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 the period you spend.

Some of the well-known micro earnings websites are Bitcoin faucets sites that you repeatedly visit every couple of minutes in order to claim a tiny amount of coins. Faucets are in fact a subcategory of PTC websites, PTC meaning Pay to Click. PTC websites will usually have you click on an advertisement or on a button on the site in order to generate money from advertisement 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 tap person may not earn you a great deal of money, owning your own faucet is a whole different story. Today, you can construct a cryptocurrency faucet relatively readily and earn money from selling ads on your site.

At 99Bitcoins we've 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 around $1000/month running a faucet.

However, running a faucet takes a reasonable amount of time and effort. Youll need to establish your own site, manage customers, 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 whole collection of campaigns can be seen on the discussion itself.

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone with a standing less than complete member wont get paid that much, in the end. To be a complete member, youll need at least 120 articles 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, of course, does not include the number of posts you need to write in order to earn the mandatory membership amount on BitcoinTalk. .

One of the fastest, 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 cost is reduced and sell it when the cost increases.

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However, trading Bitcoin successfully is not a matter of luck or guesswork. our website Experienced traders spend a substantial amount of time learning how to trade and how to conquer the many dangers involved with trading. Successful traders know they might get rid of money in the brief term but they look at it as an investment in their education, since they're aiming for the long run. resource .

If you want to become a trader make certain that you have sufficient time and funds to invest in good trading education.

One of the most overlooked ways to make money with Bitcoin is by promoting through various affiliate programs. Affiliates are people who market a certain business for free but get 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 product or service.

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Naturally there are many ways you can promote your affiliate link you can share it on Facebook, run ad campaigns on different websites or even create your own information website and promote your links within your content.