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For some strange reason, people tend to think that since Bitcoin is a new form of currency, there is some magic way you can earn Bitcoins or 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 a few new possibilities for generating income that the basics are the same youll need to invest cash, or money in order to make money.

Each one the approaches Ill go over are things weve actually tested ourselves here at 99Bitcoins, which means 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 small jobs and earning fractions of a coin for the time you spend.

Some of the more well-known micro earnings websites are Bitcoin faucets sites that you repeatedly go to every couple of minutes in order to maintain a tiny amount of coins. Faucets are actually a subcategory of PTC sites, PTC meaning Pay to Click. PTC sites will often have you click on an ad or on a button on the website in order to make money from advertisement sales.

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From our calculations, should 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 computer.

While participating as a faucet person might 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 easily and earn money from selling ads on your site.

At 99Bitcoins we've been running our own faucet for almost 3 years now. Depending on the advertisers youre using and the my link amount of traffic that you have you can make around $1000/month running a tap.

However, running a faucet requires a reasonable amount of time and effort. Youll need to establish 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 can use your BitcoinTalk signature to market a product and get paid for each post you write. The whole list 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 standing less than full member wont get paid that much, if at all. To be a full member, youll need at least 120 posts under your belt. There are also limitations on articles; such as length, original content, and much more. .

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

One of the fastest, easiest but also riskiest ways you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its cost is reduced and sell it when the price increases.

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However, 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 overcome the many dangers involved with trading. Successful traders know they may 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 be a dealer make sure you have the time and funds to invest in great 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 link in order to market that service or product.

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