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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there is some magic way you can earn Bitcoins or make money from it easily. Im sorry to burst this bubble, but 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 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 here at 99Bitcoins, which means 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 jobs and earning fractions of a coin for your time you spend.

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

While participating as a faucet person may not earn you a lot of money, owning your own faucet is an entire different story. Today, you can build a cryptocurrency faucet relatively readily and earn money from selling ads on your site.

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

However, running a faucet takes a reasonable amount of time and effort. Youll need to establish 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,  started running signature campaigns. Simply put, you could 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 forum itself.

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With a signature campaign You get paid according to your membership degree on BitcoinTalk. Typically, anyone using a status less than full member wont get paid that much, in the end. To become a full member, youll need at least 120 posts under your belt. Additionally, there are limitations on posts; for example length, original content, and much more. .

Sometimes, theres also a minimum post requirement per week. From our experience you can make around $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 fastest, easiest but riskiest ways that you can earn money with Bitcoin is by trading it on an exchange. Basically youre trying to get Bitcoin when its price is reduced and sell it when the price increases.

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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 conquer the many dangers 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 education, since they are aiming for the long run. .

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

One of the most overlooked methods to earn money with Bitcoin is by promoting through various affiliate programs. Affiliates are individuals who promote a certain business free of charge but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, products and providers 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 ad campaigns on different sites or even set up your own information website and promote your links within your content.

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