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

Even though cryptocurrencies in general might hold a few new possibilities for generating income the fundamentals are the same youll need to invest cash, or money in order to generate money.

All of the approaches Ill go over are things weve actually tested ourselves at 99Bitcoins, which means you can rest assured were talking out of 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 essentially be doing small jobs and earning fractions of a coin for your time you spend.

Some of the well-known micro earnings sites are Bitcoin taps websites which you repeatedly go to every few minutes in order to maintain a very small amount of coins. Faucets are in fact a subcategory of PTC websites, PTC meaning Pay to Click. PTC websites will often have you click on an ad or on a button on the website in order to make 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 faucet person might not earn you a great deal of money, owning your own faucet is a whole different story. Today, you can construct 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 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.

However, running a faucet requires a reasonable amount of time and energy. Youll need to establish your own website, manage users, prevent fraud and also 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 advertise a product and get paid for every post you write. The whole collection of campaigns can be seen on the discussion itself.

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone with a status less than complete member wont get paid that much, in the end. To be a full member, youll need at least 120 posts under your belt. There are also limitations on posts; such as length, original content, and 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 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 fastest, easiest go to my site but riskiest ways you can make money with Bitcoin is by trading it on an exchange. Basically youre trying to buy Bitcoin when its cost is low and sell it when the cost 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 the way to overcome the many dangers involved in trading. Successful traders know they may lose money in the brief 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 become a dealer be sure you've got sufficient time and capital to invest in good trading education.

One of the most overlooked ways to make 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 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 you can promote your affiliate link you can share it on Facebook, run ad campaigns on different websites or even create your own information website and boost your links within your content.