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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there's some magic way you can earn Bitcoins or make money from it easily. Im sorry to burst this bubblebut Bitcoin is exactly like any other currency out there.

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

Each one the methods Ill go over are things weve really tested ourselves here at 99Bitcoins, which means you can rest assured were talking from experience. Lets get started

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

Some of the more well-known micro earnings websites are Bitcoin faucets sites that you repeatedly go to every few minutes in order to maintain a very small amount of coins. Faucets are in fact a subcategory of PTC sites, PTC meaning Pay to Click. PTC websites will usually have you click on an advertisement or on a button on the website in order to generate money from advertisement sales.

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From our calculations, if 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 faucet person might not earn you a lot 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 site.

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

But, running a faucet requires a reasonable amount of time and energy. Youll need to redirected here set up your own site, 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 each post you write. The whole list of campaigns can be seen on the forum .

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone with a standing less than complete member wont get paid that much, if at all. 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 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 write in order to earn the required membership amount on BitcoinTalk. .

One of the fastest, easiest but riskiest ways that you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its price is low and sell it when the cost increases.

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However, trading Bitcoin successfully is not a matter of luck or guesswork. Experienced traders spend a substantial amount of time learning how to trade and the way to overcome the many risks involved with 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 term. .

If you want to be a trader make certain that you've got sufficient time and funds to invest in great trading education.

One of the most overlooked ways to earn money with Bitcoin is by promoting through various affiliate programs. Affiliates are people who market a certain business for free 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 service or product.

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