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For some strange reason, people tend to think that because Bitcoin is a new form of currency, there is some magic way you can earn Bitcoins or even earn money from it easily. Im sorry to burst the bubble, but Bitcoin is exactly like any other currency out there.

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

All the approaches Ill go over are things weve really tested ourselves at 99Bitcoins, which means you can rest assured were talking out of 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 basically be doing small tasks and earning fractions of a coin to get your period you spend.

A number of the more well-known micro earnings websites are Bitcoin faucets sites that you repeatedly visit every few minutes in order to maintain a tiny amount of coins. Faucets are actually a subcategory of all PTC websites, PTC meaning Pay . PTC sites will usually have you click on an advertisement or on a button on the site 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 electricity for running your computer.

While participating as a tap user may not earn you a lot of money, owning your own faucet is a whole different story. Today, you can build a cryptocurrency faucet relatively readily and earn money from selling ads on your website.

At 99Bitcoins we've been running our own faucet for just about 3 years 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 go to this site to establish 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,  began running signature campaigns. Simply put, you can use your BitcoinTalk signature to market a product and get paid for every post you write. The complete list of campaigns can be seen on the forum .

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone using a standing less than full member wont get paid that much, in the end. To be a complete member, youll need at least 120 articles under your belt. Additionally, there are limitations on articles; such as length, original content, and much more. .

Sometimes, 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 articles you need to compose in order to earn the required membership level 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 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. Profitable 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 site web may lose money in the brief term but they look at it as an investment in their education, since they're aiming for the long term. .

If you want to become a dealer make sure you have sufficient time and funds to invest in great trading education.

One of the most overlooked ways to earn 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, 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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Naturally there are many ways that you can promote your affiliate link you can share it on Facebook, run advertising campaigns on different sites or even set up your own information site and promote your links within your content.