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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 earn money from it readily. Im sorry to burst this bubble, but Bitcoin is exactly like any other currency on the market.

Even though cryptocurrencies in general might hold some new possibilities for generating income that the basics are the same youll need to invest cash, or money in order to generate money.

Each one of the approaches Ill go over are things weve really 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 actually earn Bitcoin is via micro earnings. This means that youll basically be doing small tasks and earning fractions of a coin for your period you spend.

Some of the 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 sites will often have you click on an advertisement or on a button on the site in order to generate money from ad sales.

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From our calculations, if 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 power for running your PC.

While participating as a faucet user might not earn you a lot 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 website.

At 99Bitcoins we have 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 faucet.

However, running a faucet requires a reasonable amount of time and effort. Youll need to establish your own website, manage users, Learn More Here 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 could use your BitcoinTalk signature to market a product and get paid for every post you write. The complete collection of campaigns can be seen on the forum itself.

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With a signature campaign You get paid according to your membership YOURURL.com degree on BitcoinTalk. Usually, anyone using a standing less than full member wont get paid that much, in the end. To become a full member, youll need at least 120 posts under your belt. There are also limitations on articles; such as length, original content, and much 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 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 required membership amount on BitcoinTalk. .

One of the quickest, easiest but riskiest ways you can earn money with Bitcoin is by trading it on an exchange. Basically youre trying to buy 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. Profitable traders spend a substantial amount of time learning how to trade and how to conquer the many risks involved in trading. Successful traders know they may get rid of money in the short term but they look at it as an investment in their education, since they are aiming for the long run. .

If you want to be a dealer make certain that you've got the 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 individuals who promote a certain business free of charge but receive a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods 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 discuss it on Facebook, run ad campaigns on different sites or even set up your own information website and promote your links within your content.