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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there is some magic way you can earn Bitcoins or even make money from it readily. Im sorry to burst the 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.

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

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

Some of the well-known micro earnings sites are Bitcoin faucets sites which you repeatedly go to every few minutes in order to maintain a tiny amount of coins. Faucets are in fact a subcategory of all PTC websites, PTC meaning Pay to Click. PTC websites will usually have you click on an ad or on a button on the website in order to make money from ad 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 faucet person might not earn you a great deal of money, owning your own faucet is a whole different story. Today, you can construct a cryptocurrency faucet relatively easily and earn money from selling ads on your site.

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 visitors that you have you can make up to $1000/month running a tap.

However, running a faucet takes a reasonable amount of time and energy. Youll need to establish your own website, 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 can use your BitcoinTalk signature to market a product and New Bitcoin Mining Hardware get paid for each post you write. The complete list of campaigns can be seen on the forum itself.

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone with a standing less than complete member wont get paid that much, if at all. To be a full member, youll need at least 120 articles under your belt. Additionally, there are limitations on articles; 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 write and your membership level. This, clearly, does not include the number of posts you need to write in order to earn the required membership amount on BitcoinTalk. .

One of the quickest, easiest but riskiest ways you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its price is reduced 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 conquer the many risks involved with trading. Successful traders know they might lose money in the brief term but they consider it as an investment in their own education, since they're aiming for the long run. .

If you want to become a dealer be sure you've got sufficient 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 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 that product or service.

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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 websites or even create your own information site and promote your links within your content.