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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there is some magic way you can earn Bitcoins or even earn money from it easily. Im sorry to burst this 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 the fundamentals 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 here at 99Bitcoins, which means that you can rest assured were talking from experience. Lets get started

One of the most affordable, easiest but also most time consuming tactics to really earn Bitcoin is through micro earnings. This means that youll basically be doing small jobs and earning fractions of a coin for your period you spend.

Some of the well-known micro earnings websites are Bitcoin faucets sites that you repeatedly go to every couple of minutes in order to maintain a tiny amount of coins. Faucets are in fact 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 website 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 electricity for running your PC.

While participating as a faucet user may not earn you a lot of money, owning your own faucet is an entire different story. Today, 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 almost 3 decades now. Depending on the advertisers youre using and the amount of visitors you have you can make up to $1000/month running a faucet.

However, running a faucet requires 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. In other words, you could use your BitcoinTalk signature to advertise a product and get paid for every post you write. The whole collection of campaigns can be seen on the discussion .

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone using a status less than full member wont get paid that much, in the end. To become a full member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; for example length, more original content, and more. .

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

One of the quickest, easiest but riskiest ways 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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But, trading Bitcoin successfully is not a matter of luck or guesswork. Profitable traders spend a substantial amount of time learning how to exchange and how to conquer the many risks involved in trading. Successful traders know they might lose money in the brief term but they look at it as an investment in their own education, since they are aiming for the long term. .

If you want to be a dealer make certain that you have the time and capital 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 promote a certain business for free but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods and services have an affiliate program in which you he said can enroll. You then get your own unique affiliate link in order to market that product or service.

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Of course there are many ways you can market your affiliate link you can discuss it on Facebook, run ad campaigns on different websites or even create your own information website and promote your links within your content.