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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there's some magical way you can earn Bitcoins or earn money from it easily. Im sorry to burst the bubblebut Bitcoin is exactly 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 generate money.

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

One of the most affordable, easiest but most time consuming tactics to actually earn Bitcoin is through micro earnings. This means that youll basically be doing little jobs and earning fractions of a coin for the period you spend.

A number of the well-known micro earnings websites are Bitcoin taps websites that you repeatedly go to every couple of minutes in order to maintain a very small amount of coins. Faucets are in fact a subcategory of all PTC websites, PTC meaning Pay to Click. PTC sites will often have you click on an ad or on a button on the site in order to make money from ad sales.

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From our calculations, should 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 power for running your computer.

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

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 traffic that 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 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,  began running signature campaigns. In other words, you could use your BitcoinTalk signature to market a product and get paid for every official source post you write. The whole collection of campaigns can be seen on the forum .

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With a signature campaign You get paid according to your membership level 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 posts under your belt. Additionally, there are limitations on posts; such as length, original content, and much more. .

Sometimes, theres also a minimum post requirement each week. From our experience you can make around $5 an hour depending no how much you write 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 fastest, easiest but also riskiest ways that you can make money with Bitcoin is by trading other it on an exchange. Fundamentally youre trying to get Bitcoin when its price is reduced and sell it when the cost 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 overcome the many risks involved with trading. Successful traders know they might 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 trader be sure you've got 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 market a certain business for free 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 look at this site link in order to market that service or product.

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Of course there are many ways that you can market your affiliate link you can share it on Facebook, run advertising campaigns on different websites or even create your own information site and boost your links within the content.