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For some strange reason, people tend to think that because Bitcoin is a new form of currency, there is some magical 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 on the market.

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

All the approaches Ill go over are things weve actually tested ourselves here 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 really earn Bitcoin is via micro earnings. This means that youll basically be doing little jobs and earning fractions of a coin for your period you spend.

Some of the more well-known micro earnings websites are Bitcoin faucets sites which you repeatedly go to every few minutes in order to maintain a tiny amount of coins. Faucets are in fact a subcategory of PTC websites, PTC meaning Pay to Click. PTC websites will often have you click on an ad 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 power 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. Today, you can construct a cryptocurrency faucet relatively easily 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 requires a reasonable amount of time and effort. Youll need to set up 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,  began running signature campaigns. Simply put, you could use your BitcoinTalk signature to advertise a product and get paid for every 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 page your membership degree on BitcoinTalk. Typically, anyone using 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 posts; such as 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 write and your membership level. This, clearly, does not include the number of posts you need to write in order to earn the required membership level 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 buy Bitcoin when its cost is reduced and sell it when the cost rises.

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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 Resources how to exchange and how to conquer the many risks involved with trading. Successful traders know they may lose money in the brief term but they look at it as an investment in their own education, since they are aiming for the long term. .

If you want to become a dealer be sure you have sufficient time and funds to 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 promote a certain business for free but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods and providers have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to promote that service or product.

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Of course there are many ways that you can market your affiliate link you can share it on Facebook, run ad campaigns on different websites or even set up your own information website and boost your links within your content.