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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 even earn money from it readily. Im sorry to burst the bubblebut Bitcoin is exactly like any other currency on the market.

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

All the approaches Ill go over are things weve actually tested ourselves here at 99Bitcoins, so you can rest assured were talking out of 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 essentially be doing small tasks and earning fractions of a coin for your time you spend.

A number of the well-known micro earnings sites are Bitcoin faucets sites that you repeatedly go to every few minutes in order to claim a tiny amount of coins. Faucets are actually a subcategory of all PTC websites, PTC meaning Pay . PTC sites will usually have you click on an advertisement or on a button on the site in order to generate 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 electricity for running your PC.

While participating as a tap user may not earn you a great deal 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 decades now. Depending on the advertisers youre using and the amount of visitors see page you have you can make up to $1000/month running a tap.

However, running a faucet takes a reasonable amount of time and energy. Youll need to set up your own website, manage customers, 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,  began running signature campaigns. In other words, you can use your BitcoinTalk signature to market a product and get paid for each post you write. The complete collection of campaigns can be seen on the discussion .

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

From time to time, theres also a minimum post requirement each week. From our experience you can make up to $5 an hour depending no just how much you write and your membership level. This, clearly, does not include the number of posts you need to write in order to earn the mandatory membership level 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 get Bitcoin when its cost is reduced and sell it when the price rises.

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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 dangers involved with 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 term. .

If you want to be a dealer make certain that you've got the time and capital to invest in good trading education.

One of the most overlooked methods to make money with Bitcoin is by promoting through various affiliate programs. Affiliates are people who market a certain business for free but receive 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 promote that service or product.

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