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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there is some magical way you can earn Bitcoins or earn money from it readily. Im sorry to burst this bubblebut Bitcoin is just like any other currency on the market.

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

All the methods Ill go over are things weve actually tested ourselves here at 99Bitcoins, which means 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 through micro earnings. This means that youll basically be doing small tasks and earning fractions of a coin for your period you spend.

Some of the well-known micro earnings websites are Bitcoin taps websites that you repeatedly go to every few minutes in order to maintain a very small amount of coins. Faucets are in fact a subcategory of all PTC websites, PTC meaning Pay . PTC sites will usually have you click on an advertisement or on a button on the site 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 power for running your computer.

While participating as a tap person might 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 website.

At 99Bitcoins we have been running our own faucet for just about 3 decades now. Depending on the advertisers youre using and the amount of traffic you have you can make around $1000/month running a tap.

However, running a faucet requires a reasonable amount of time and energy. Youll need to establish your own site, 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 can 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 degree on BitcoinTalk. Usually, anyone with a status less than full member wont get paid that much, in the end. To be a complete member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; such as length, original content, and 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 articles you need to compose in order to earn the mandatory membership level on BitcoinTalk. .

One of the quickest, easiest but riskiest ways that you can earn money with Bitcoin is by trading it on an exchange. Basically youre trying to buy Bitcoin when its price is low and sell it when the price rises.

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

If you want to be a dealer make sure you've got the time and funds to invest in great trading education.

One of the most overlooked ways to earn money with Bitcoin is by promoting various affiliate programs. Affiliates are people who market 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 promote that product or service.

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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 official site promote your links within your content.