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For some strange reason, people tend to think that since Bitcoin is a new form 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 exactly like any other currency out there.

While cryptocurrencies in general may hold a few new possibilities for generating income the fundamentals are the exact same youll need to invest time, or money in order to generate money.

All the approaches 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 also 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 the period you spend.

A number of the well-known micro earnings websites are Bitcoin taps websites which you repeatedly go to every few minutes in order to claim a tiny amount of coins. Faucets are in fact a subcategory of PTC sites, PTC meaning Pay to Click. PTC websites 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 power for running your PC.

While participating as a tap person might not earn you a lot of money, owning your own faucet is an entire different story. Now, 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 almost 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 energy. Youll need to establish your own website, manage users, 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,  started running signature campaigns. Simply put, you can use your BitcoinTalk signature to advertise a product and get paid for every post you write. The complete collection of campaigns can be seen on the discussion itself.

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone using a standing less than full member wont get paid that much, if at all. To become a full member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; for example length, original content, and much more. .

Sometimes, theres also a minimum post requirement per 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 posts you need to write in order to earn the required membership level on BitcoinTalk. .

One of the quickest, easiest but riskiest ways you can earn money with Bitcoin is by trading it on an exchange. Basically youre trying to get Bitcoin when its cost 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 exchange and how to conquer the many dangers involved in trading. Successful traders know they might get rid of money in the brief term but go to my blog they look at it as an investment in their education, since they are aiming for the long term. .

If you want to become a trader make certain that you have the time and capital to invest in good trading education.

One of the most overlooked methods to earn money with Bitcoin is by promoting various affiliate programs. Affiliates are people 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 you can market your affiliate link you can share it on Facebook, run ad campaigns on different websites or even set up your own information site and promote your links within the content.

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