How To Fund Bitcoin Wallet - An Overview

For some strange reason, people tend to think that because Bitcoin is a new form of currency, there's some magic way you can earn Bitcoins or even make money from it easily. Im sorry to burst the bubblebut Bitcoin is just like any other currency on the market.

While cryptocurrencies in general might hold a few new possibilities for generating income that the fundamentals are the same youll need to invest cash, or money in order to generate money.

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

One of the most affordable, easiest but also 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 for your period you spend.

A number of the more well-known micro earnings sites 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 sites, 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 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 PC.

While participating as a faucet user might 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 easily and earn money from selling ads on your site.

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 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 establish your own site, 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. In other words, 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 itself.

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone with a status less than complete member wont get paid that much, in the end. To become a complete member, youll need at least 120 articles under your belt. There are also limitations on posts; such as length, original content, and much more. .

Sometimes, theres also a minimum post requirement per 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 articles you need to write in order to earn the required membership level on BitcoinTalk. .

One of the fastest, easiest but also riskiest ways you can make money with Bitcoin is view website by trading it on an exchange. Basically youre trying to get Bitcoin when its price is low 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 exchange and how to overcome the many risks involved in trading. Successful traders know they might get rid of money in the short term but they consider it as an investment in their education, since they're aiming for the long run. .

If you want to become a trader be sure you've got the time and capital to invest in good trading education.

One of the most overlooked methods 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 services 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 sites or even set up your own information site and boost your links within your content.