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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there is some magical way you can earn Bitcoins or even earn money from it easily. Im sorry to burst the bubblebut Bitcoin is exactly like any other currency on the market.

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

All the approaches Ill go over are things weve actually tested ourselves here at 99Bitcoins, which means you can rest assured were talking out of experience. Lets get started

One of the cheapest, easiest but also most time consuming tactics to really earn Bitcoin is via micro earnings. This means that youll basically be doing small jobs and earning fractions of a coin to get the period 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 claim a very small amount of coins. Faucets are actually a subcategory of all PTC websites, PTC meaning Pay to Click. PTC sites will usually have you click on an advertisement or on a button on the website in order to make money from advertisement 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 tap person might not earn you a great deal of money, owning your own faucet is an entire different story. Now, you can construct a cryptocurrency faucet relatively readily and earn money from selling ads on your website.

At 99Bitcoins we've been running our own faucet for almost 3 years now. Depending on the advertisers youre using and the amount of traffic you have you can make around $1000/month running a tap.

However, running a faucet requires a reasonable amount of time and energy. 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. Simply put, you can use your BitcoinTalk signature to market a product and get paid for every post you write. The whole collection of campaigns can be seen on the discussion .

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Having a look what i found signature campaign You get paid according to your membership degree on BitcoinTalk. Usually, anyone using a status less than full member wont get paid that much, if at all. To become a complete member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; for example length, original content, and more. .

Sometimes, theres also a minimum post requirement per week. From our experience you can make around $5 an hour depending no how much you write and your membership level. This, of course, does not include the number of articles you need to compose in order to earn the mandatory membership level on BitcoinTalk. .

One of the fastest, easiest but also riskiest ways that you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to get Bitcoin when its cost is low and sell it when the cost 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 trade and the way to overcome the many dangers involved in trading. Successful traders know they might get rid of money in the short term but they look at it as an investment in their own education, since they are aiming for the long run. .

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

One of the most overlooked methods to earn money with Bitcoin is my website by promoting through 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 market that service or product.

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