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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 even make money from it readily. Im sorry to burst this bubble, but Bitcoin is exactly like any other currency on the market.

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

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

One of the cheapest, easiest but also most time consuming tactics to really earn Bitcoin is via micro earnings. This means that youll essentially be doing small jobs and earning fractions of a coin to get the time you spend.

A number of the well-known micro earnings sites are Bitcoin taps websites that you repeatedly visit every few minutes in order to claim a tiny amount of coins. Faucets are actually a subcategory of all PTC sites, PTC meaning Pay . PTC sites will usually have you click on an ad or on a button on the site in order to make money from advertisement 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 power for running your computer.

While participating as a faucet user may not earn you a great deal of money, owning your own faucet is a whole different story. Today, you can build a cryptocurrency faucet relatively readily and earn money from selling ads on your website.

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 you have you can make around $1000/month running a tap.

However, running a faucet takes a reasonable amount of time and effort. Youll need to set up your own website, manage users, 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 whole collection of campaigns can be seen on the discussion .

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone using a status less than complete member wont get paid that much, if at all. To become a full you could try here member, youll need at least 120 articles under your belt. Additionally, there are limitations on articles; such as length, original content, and much more. .

Sometimes, theres also a minimum post requirement per week. From our experience you can make up to $5 an hour depending no just 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 also riskiest ways you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its cost is low 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 the way to conquer 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 have sufficient this content time and capital to invest in great trading education.

One of the most overlooked methods to make money with Bitcoin is by promoting various affiliate programs. Affiliates are individuals who market a certain business for free but receive 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 share it on Facebook, run advertising campaigns on different sites or even set up your own information website and boost your links within your content.