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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 earn money from it readily. Im sorry to burst this bubble, but Bitcoin is just like any other currency out there.

While cryptocurrencies in general may hold a few new possibilities for generating income that the basics are the same youll need to invest time, 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 most time consuming ways to actually earn Bitcoin is via micro earnings. This means that youll essentially be doing small tasks and earning fractions of a coin to get your period you spend.

Some of the well-known micro earnings sites are Bitcoin taps websites which you repeatedly visit 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 websites will often have you click on an ad or on a button on the website in order to generate money from advertisement sales.

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From our calculations, if 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 computer.

While participating as a faucet user may 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 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.

But, running a faucet takes a reasonable amount of time and energy. Youll need to establish your own site, 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. In other words, you could use your BitcoinTalk signature to market a product and get paid for every post you write. The whole 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. Usually, anyone with a standing less than complete member wont get paid that much, if at all. To be a complete member, youll need at least 120 articles under your belt. There are also limitations on posts; for example length, original content, and much more. .

Sometimes, look at this site 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, clearly, does not include the number of articles 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 make money with Bitcoin is by trading it on an link exchange. Basically youre trying to buy Bitcoin when its price is reduced and sell it when the cost 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 the way to overcome the many dangers involved with trading. Successful traders know they may lose money in the brief term but they consider it as an investment in their education, since they're aiming for the long term. .

If you want to become a dealer make sure you've got the 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 promote 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 unique affiliate link in order to market internet that service or product.

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Naturally there are many ways you can market your affiliate link you can share it on Facebook, run ad campaigns on different websites or even set up your own information site and promote your links within your content.