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

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

All of 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 also most time consuming ways to actually earn Bitcoin is through micro earnings. This means that youll essentially be doing small jobs and earning fractions of a coin to get your time 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 tiny amount of coins. Faucets are actually a subcategory of PTC sites, 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 advertisement 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 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. 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 years now. Depending on the advertisers youre using and the amount of traffic that you have you can make around $1000/month running a faucet.

But, running a faucet requires a reasonable amount of time and effort. Youll need to set up 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,  began running signature campaigns. In other words, you could use your BitcoinTalk signature to market a product and get paid for each post you write. The complete collection of campaigns can be seen on the discussion itself.

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With a signature campaign You get paid according to your membership degree on BitcoinTalk. Typically, anyone using 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. There are also limitations on posts; for example length, original content, and more. .

From time to time, theres also a minimum post requirement per week. From our Recommended Site experience you can make around $5 an hour depending no just how much you write and your membership level. This, clearly, 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 riskiest ways that you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its cost is low and sell it when the cost rises.

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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 exchange and how to overcome the many risks involved in trading. Successful traders know they might get rid of money in the brief term but they consider it as an investment in their education, since they are aiming for the long run. .

If you want to be a dealer make certain that you've got the time and capital to invest in good trading education.

One of the most overlooked methods to earn money with Bitcoin is by promoting through various affiliate programs. Affiliates are people who market a certain business free of charge but receive 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 market that service or product.

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