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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there's some magic way you can earn Bitcoins or make money from it readily. Im sorry to burst the bubblebut 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 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 most time consuming tactics to really earn Bitcoin is via micro earnings. This means that youll essentially be doing small tasks and earning fractions of a coin for your period you spend.

Some of the more well-known micro earnings websites are Bitcoin taps websites that you repeatedly visit every few minutes in order to claim a tiny amount of coins. Faucets are actually a subcategory of PTC sites, PTC meaning Pay to Click. PTC websites will often have you click on an advertisement or on a button on the site in order to generate money from advertisement 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 an entire different story. Now, you can build a cryptocurrency faucet relatively readily and earn money from selling ads on your site.

At 99Bitcoins we have been running our own faucet for just about 3 decades now. Depending on the advertisers youre using and the amount of traffic that you have you can make around $1000/month running a tap.

However, running a faucet takes a reasonable amount of time and energy. 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,  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 collection of campaigns can be seen on the forum .

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Having a signature campaign You get paid according to your membership degree on BitcoinTalk. Usually, anyone with a standing less than complete member wont get paid that much, if at all. To be a complete member, youll need at least 120 posts under your belt. Additionally, there are limitations on articles; for example 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 just how much you write and your membership level. This, of course, does not include the number of articles you need to write in order to earn the required membership level 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 next page get Bitcoin when its cost is low 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 exchange and the way to conquer the many risks involved with trading. Successful traders know they might lose money in the brief term but they look at it as an investment in their education, since they are aiming for the long term. .

If you want to become a trader make sure you have the time and capital to invest in good trading education.

One of the most overlooked ways to earn money with Bitcoin is by promoting through various affiliate programs. Affiliates are individuals who promote a certain business for free but receive a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods and providers have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to promote that address 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 websites or even create your own information great post to read site and boost your links within the content.