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For some strange reason, people tend to think that since Bitcoin is a new form of currency, there is some magic way you can earn Bitcoins or earn money from it readily. Im sorry to burst the bubblebut 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 time, or money in order to generate money.

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

One of the most affordable, easiest but also most time consuming ways to actually earn Bitcoin is via micro earnings. This means that youll essentially be doing little jobs and earning fractions of a coin for your period you spend.

A number of the well-known micro earnings sites are Bitcoin taps websites which you repeatedly go to every few minutes in order to maintain a tiny amount of coins. Faucets are in fact a subcategory of PTC sites, PTC meaning Pay to Click. PTC websites will often have you click on an ad or on a button on the site in order to generate money from advertisement sales.

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From our calculations, should 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 power for running your PC.

While participating as a faucet user might not earn you a lot of money, owning your own faucet is an entire different story. Now, you can construct 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 years now. Depending on the advertisers youre using and the amount of traffic you have you can make up to $1000/month running a faucet.

But, running a faucet requires a reasonable amount of time and effort. Youll need to set up your own site, manage customers, 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,  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 complete collection of campaigns can be seen on the discussion .

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone using a standing less than complete member wont get paid that much, if at all. To become a full member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; for example length, 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, of course, does not include the number of posts you need to write in order to earn the mandatory membership level on BitcoinTalk. .

One of the fastest, easiest but riskiest ways that 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 rises.

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However, trading Bitcoin successfully is not a matter of luck or guesswork. Experienced traders spend a substantial amount of time learning how to trade and how to conquer the many risks involved with trading. Successful traders know they might lose money in the short term but they look at index it as an investment in their education, since they're aiming for the long run. .

If you want to become a trader be certain that you have sufficient time and capital to invest in great trading education.

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

Many Bitcoin exchanges, products and services this hyperlink have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to promote that service or product.

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