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For some strange reason, people tend to think that because Bitcoin is a new form of currency, there is some magical way you can earn Bitcoins or even earn 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 exact same youll need to invest cash, or money in order to generate money.

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

One of the cheapest, easiest but most time consuming ways to actually earn Bitcoin is through micro earnings. This means that youll essentially be doing little tasks and earning fractions of a coin to get your period you spend.

A number of the well-known micro earnings sites are Bitcoin taps websites that you repeatedly go to every few minutes in order to claim a very small amount of coins. Faucets are actually a subcategory of PTC websites, 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 work 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 user may not earn you a lot of money, owning your own faucet is an entire different story. Today, you can build 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 visitors that you have you can make around $1000/month running a faucet.

But, running a faucet takes a reasonable amount of time and energy. Youll need to set up your own website, manage customers, 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. In other words, you could use your BitcoinTalk signature find to advertise a product and get paid for every 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 status less than full member wont get paid that much, if at all. To be a complete member, youll need at least 120 articles under your belt. description Additionally, there are limitations on posts; such as length, original content, and much 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 how much you compose and your membership level. This, of course, does not include the number of posts you need to compose in order to earn the required membership level on BitcoinTalk. .

One of the fastest, 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 reduced and sell it when the price rises.

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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 exchange and the way to conquer the many risks involved in trading. Successful traders know they may get rid of money in the brief term but they look at it as an investment in their own education, since they're aiming for the long term. .

If you want to become a trader make sure you've got sufficient time and capital to invest in good trading education.

One of the most overlooked ways to make money with Bitcoin is by promoting various affiliate programs. Affiliates are people 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 promote that service or product.

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Naturally there are many ways that you can market your affiliate link you can share it on Facebook, run ad campaigns on different websites or even create your own information website and boost your links within the content.