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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there's some magical way you can earn Bitcoins or make money from it readily. Im sorry to burst the bubble, but Bitcoin is just like any other currency out there.

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

All of the approaches Ill go over are things weve really tested ourselves at 99Bitcoins, so you can rest assured were talking from experience. Lets get started

One of the cheapest, easiest but most time consuming ways to really earn Bitcoin is through micro earnings. This means that youll basically be doing small jobs and earning fractions of a coin for your time you spend.

Some of the more well-known micro earnings websites are Bitcoin taps websites that you repeatedly visit every few minutes in order to maintain 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 ad or on a button on the site in order to make 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 electricity for running your computer.

While participating as a tap user might not earn you a great deal of money, owning your own faucet is a whole different story. Now, you can construct a cryptocurrency faucet relatively readily 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 traffic that you have you can make up to $1000/month running a tap.

But, running a faucet requires a reasonable amount of time and effort. Youll need to establish your own website, manage 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 every post you write. The whole collection of campaigns can be seen on the discussion itself.

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Having a signature campaign You get paid according to your membership degree on BitcoinTalk. Typically, anyone using a status less than full member wont get paid that much, if at all. To be a full member, youll need at least 120 articles under your belt. There are also limitations on articles; such as length, original content, and more. .

Sometimes, theres also a minimum post requirement per week. From our experience you can make up to $5 an hour depending no how much you write and your membership level. This, clearly, does not include the number of posts you need to compose in order to earn view publisher site the required membership amount 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 cost is low and sell it when the price rises.

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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 exchange and the way to overcome the many risks involved in trading. Successful traders know they might get rid of money in the short term but they read what he said consider it as an investment in their education, since they are aiming for the long run. .

If you want to become a dealer make sure you have sufficient time official site and capital to invest in great trading education.

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

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Of course there are many ways you can promote your affiliate link you can discuss it on Facebook, run advertising campaigns on different sites or even create your own information site and promote your links within the content.

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