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

While cryptocurrencies in general might hold some new possibilities for generating income the basics are the exact same youll need to invest time, or money in order to make money.

All of the approaches Ill go over are things weve really 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 most time consuming ways to really earn Bitcoin is via micro earnings. This means that youll essentially be doing little jobs and earning fractions of a coin to get the time you spend.

Some of the well-known micro earnings websites are Bitcoin faucets sites which you repeatedly go to every few minutes in order to maintain a very small amount of coins. Faucets are actually a subcategory of PTC websites, PTC meaning Pay to Click. PTC websites will usually have you click on an ad 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 faucet person might not earn you a great deal of money, owning your own faucet is an entire different story. Now, you can construct a cryptocurrency faucet relatively readily 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 you have you can make up to $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 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. In other words, you could use your BitcoinTalk signature to advertise a product and get paid for each post you write. The complete list of campaigns can be seen on the forum .

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Having 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 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 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 posts you need to compose in order to earn the required membership amount on BitcoinTalk. .

One of the fastest, easiest have a peek at this site but also riskiest ways that you can make 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 rises.

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

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

One of the most overlooked ways to earn 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 promote that service or product.

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Of course there are many ways 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.