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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 even make money from it easily. Im sorry to burst this bubble, but Bitcoin is exactly like any other currency on the market.

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

Each one of the methods Ill go over are things weve really tested ourselves at 99Bitcoins, which means that you can rest assured were talking from experience. Lets get started

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

A number of the more well-known micro earnings websites are Bitcoin faucets sites which you repeatedly visit every few minutes in order to claim a very small amount of coins. Faucets are in fact a subcategory of all PTC sites, PTC meaning Pay . PTC websites 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 work 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 computer.

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

At 99Bitcoins we've been running our own faucet for just about 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.

However, 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 to advertise 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 degree on BitcoinTalk. Typically, anyone with a status less than full member wont get paid that much, if at all. To become look at here now a full member, youll need at least 120 posts under your belt. There are also limitations on articles; such as 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 how much you write 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 quickest, easiest but also riskiest ways that you can make money with Bitcoin is by trading it on an exchange. Basically youre trying to buy Bitcoin when its price is low and sell it when the price increases.

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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 how to overcome the many risks involved in trading. Successful traders know they may lose money in the short term but they look at it as an investment in their own education, since they're aiming for the long run. .

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

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