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For some strange reason, people tend to think that since Bitcoin is a new form of currency, there's some magic way you can earn Bitcoins or even make money from it readily. Im sorry to burst this bubble, but Bitcoin is exactly like any other currency on the market.

While cryptocurrencies in general may hold some new possibilities for generating income that the fundamentals are the same youll need to invest cash, or money in order to make money.

All the approaches Ill go over are things weve actually tested ourselves here at 99Bitcoins, so you can rest assured were talking from experience. Lets get started

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

A number of the more well-known micro earnings sites are Bitcoin faucets sites that you repeatedly visit every couple of minutes in order to claim a tiny amount of coins. Faucets are actually a subcategory of PTC websites, PTC meaning Pay . PTC sites will often have you click on an ad or on a button on the website in order to generate 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 electricity for running your PC.

While participating as a faucet person might not earn you a lot of money, owning your own faucet is an entire different story. Today, you can construct a cryptocurrency faucet relatively easily and earn money from selling ads on your website.

At 99Bitcoins we have been running our own faucet for just about 3 years now. Depending on the advertisers youre using and the amount of visitors that you have you can make up to $1000/month running a faucet.

But, running a faucet requires a reasonable amount of time and effort. 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,  began running signature campaigns. In other words, you can use your BitcoinTalk signature to advertise a product and get paid for every post you write. The whole 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 degree on BitcoinTalk. Usually, anyone using 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. There are also limitations on posts; such as length, original content, and more. .

From time to time, theres also a minimum post requirement each week. From our experience you can make up to $5 an hour depending no just how much you write and your membership level. This, of course, does not include the number of articles you need to Crypto Dollar write in order to earn the required membership amount on BitcoinTalk. .

One of the quickest, easiest but riskiest ways you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to get Bitcoin when its price is low and sell it when the cost 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 exchange and the way to overcome the many dangers involved with trading. Successful traders know they may lose money in the brief term but they look at it as an investment in their own education, since they more information are aiming for the long run. .

If you want to be a dealer be sure you've got sufficient time and capital to invest in great trading education.

One of the most overlooked ways to earn money with Bitcoin is by promoting through various affiliate programs. Affiliates are individuals who promote a certain business free of charge but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods and services have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to market that service or product.

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