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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there is some magical way you can earn Bitcoins or earn money from it readily. Im sorry to burst the bubblebut Bitcoin is just like any other currency on the market.

While cryptocurrencies in general might hold some new possibilities for generating income the basics are the same youll need to invest cash, or money in order to generate money.

Each one the methods 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 most time consuming tactics to actually earn Bitcoin is through micro earnings. This means that youll essentially be doing little tasks and earning fractions of a coin for your period you spend.

A number of the well-known micro earnings websites are Bitcoin taps websites which you repeatedly visit every couple of minutes in order to claim a very small amount of coins. Faucets are actually a subcategory of all PTC websites, PTC meaning Pay to Click. PTC sites will usually have you click on an ad or on a button on the website in order to make money from ad sales.

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From our calculations, should 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 computer.

While participating as a faucet user might 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 site.

At 99Bitcoins we've 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 tap.

But, 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 market a product and get paid additional reading for each post you write. The whole list of campaigns can be seen on the forum 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 posts under your belt. Additionally, there are limitations on articles; for example length, original content, and more. .

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

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

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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 trade link and how to conquer the many dangers involved in trading. Successful traders know they might 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 trader be certain that you have sufficient 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 receive a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, products 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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Of course there are many ways that you can market your affiliate link you can discuss it on Facebook, run advertising campaigns on different sites or even create your own information website and boost your links within your content.