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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there is some magical 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 a few new possibilities for generating income the basics are the same youll need to invest cash, or money in order to generate money.

Each one of the methods Ill go over are things weve really tested ourselves here 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 ways to actually earn Bitcoin is via micro earnings. This means that youll basically be doing little tasks and earning fractions of a coin to get the period you spend.

Some of the well-known micro earnings websites are Bitcoin taps websites that 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 sites, PTC meaning Pay to Click. 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 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 computer.

While participating as a tap person might not earn you a great deal of money, owning your own faucet is a whole different story. Now, 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 decades 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 site, 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,  started running signature campaigns. Simply put, you could use your BitcoinTalk signature to advertise a product and get paid for each post you write. The whole list of campaigns can be seen on the forum .

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With a signature campaign You get paid according to your membership degree on BitcoinTalk. Typically, anyone with a standing less than full member wont get paid that much, if at all. To be 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 each 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 articles you need to compose in order to earn the mandatory membership level on BitcoinTalk. .

One of the fastest, easiest but also 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 reduced and sell it when the price increases.

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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 dangers involved in trading. Successful traders know they might get rid of money in the short term but they consider it as an investment in their education, since they are aiming for the long term. .

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

One of the most overlooked methods to make money with Bitcoin is by promoting various affiliate programs. Affiliates are individuals who promote 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 product or service.

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Naturally read this post here there are many ways that you can promote your affiliate link you can discuss it on Facebook, run advertising campaigns on different websites or even set up your own information site and promote your links within your content.