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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there's some magic way you can earn Bitcoins or even make money from it easily. Im sorry to burst this bubblebut Bitcoin is exactly like any other currency out there.

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

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

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

Some of the more well-known micro earnings sites are Bitcoin faucets sites that you repeatedly visit every couple of minutes in order to maintain a tiny amount of coins. Faucets are in fact a subcategory of all PTC sites, PTC meaning Pay to Click. PTC websites will usually 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, 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 PC.

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

At 99Bitcoins we have been running our own faucet for almost 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 faucet.

However, running a faucet takes a reasonable amount of time and energy. Youll need to establish your own website, 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. Simply put, you can use your BitcoinTalk signature to advertise a product and get paid for every post i loved this you write. The whole list of campaigns can be seen on the discussion itself.

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Having a signature campaign You get paid according to your membership degree on BitcoinTalk. Typically, anyone with a standing less than complete member wont get paid that much, in article source the end. To become a complete member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; for example length, original content, and more. .

From time to time, 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, of course, 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 that you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to get Bitcoin when its cost 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 how to conquer the many dangers involved with trading. Successful traders know they may get rid of money in the brief term but they consider it as an investment in their own education, since they are aiming for the long term. .

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

One of the most overlooked methods to make money with Bitcoin is by promoting through various affiliate programs. Affiliates are individuals who promote a certain business for free but receive 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 promote that service or product.

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