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

Even though cryptocurrencies in general may hold a few new possibilities for generating income that the basics 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 really earn Bitcoin is through micro earnings. This means that youll essentially be doing small tasks and earning fractions of a coin for the time you spend.

Some of the more well-known micro earnings websites are Bitcoin taps websites which you repeatedly visit every couple of minutes in order to maintain a tiny amount of coins. Faucets are in fact a subcategory of PTC sites, PTC meaning Pay . PTC sites will often have you click on an advertisement or on a button on the site in order to make money from ad sales.

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From our calculations, should 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 electricity for running your PC.

While participating as a faucet user might not earn you a lot of money, owning your own faucet is an entire different story. Today, you can construct a cryptocurrency faucet relatively easily and earn money from selling ads on your website.

At 99Bitcoins we've been running our own faucet for just about 3 decades now. Depending on the advertisers youre using and the amount of visitors that you have you can make up to $1000/month running a tap.

However, running a faucet requires a reasonable amount of time and energy. Youll need to 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. Simply put, you can use your BitcoinTalk signature to advertise a product and get paid for every 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 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 articles; 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 how much you compose and your membership level. This, clearly, does not include the number of articles you need to write in order to earn the required membership level on BitcoinTalk. .

One of the quickest, easiest but riskiest ways you can make 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 see this website 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 conquer the many dangers involved in trading. Successful traders know they might lose money in the short term but they look at it as an investment in their own education, since they're aiming for the long run. .

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 earn money with Bitcoin is by promoting various affiliate programs. Affiliates are people 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 promote that product or service.

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