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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 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 fundamentals are the same youll need to invest cash, or money in order to make money.

Each one of the approaches Ill go over are things weve really tested ourselves at 99Bitcoins, so you can rest assured were talking out of experience. Lets get started

One of the most affordable, easiest but also most time consuming tactics to really earn Bitcoin is via micro earnings. This means that youll basically be doing small tasks and earning fractions of a coin for your time 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 websites, PTC meaning Pay . PTC sites will often have you click on an ad or on a button on the website in order to generate 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 tap person might not earn you a great deal of money, owning your own faucet is an entire different story. Today, you can build a cryptocurrency faucet relatively easily 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 visitors 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 set up your own site, manage customers, 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, Â started running signature campaigns. Simply put, 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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Having 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 posts under your belt. There are also limitations on posts; for example length, original content, and more. .

Sometimes, theres also a minimum post requirement each week. From our experience you can make around $5 an hour depending no just 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 amount on BitcoinTalk. .

One of the fastest, easiest but also 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 reduced and sell it when the price rises.

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However, trading Bitcoin successfully is not a matter of luck or guesswork. Profitable traders spend a substantial amount of time learning how to trade and how to overcome the many dangers involved in trading. Successful traders know they may lose money in the short term but they consider it as an investment in their own education, since they're aiming for the long term. .

If you want to be a dealer make certain that you have the time and capital to invest in great 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 for free but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods and providers have an affiliate program in which you can enroll. You then get your own my link unique affiliate link in order to promote that product or service.