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For some strange reason, people tend to think that because Bitcoin is a new form of currency, there is some magic 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.

While cryptocurrencies in general may hold some new possibilities for generating income that the basics are the exact same youll need to invest time, or money in order to generate money.

All of the approaches Ill go over are things weve actually tested ourselves here at 99Bitcoins, which means 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 basically be doing small tasks and earning fractions of a coin for your period you spend.

A number of the well-known micro earnings websites are Bitcoin faucets sites which you repeatedly go to every few minutes in order to claim a tiny amount of coins. Faucets are in fact a subcategory of all PTC sites, PTC meaning Pay . PTC sites will usually 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, 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 PC.

While participating as a faucet person might not earn you a lot of money, owning your own faucet is a whole different story. Now, you can construct a cryptocurrency faucet relatively easily and earn money from selling ads on your website.

At 99Bitcoins we have been running our own faucet for almost 3 years now. Depending on the advertisers youre using and the amount of visitors that you have you can make up to $1000/month running a faucet.

But, running a faucet takes a reasonable amount of time and effort. 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,  began 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 level on BitcoinTalk. Usually, anyone with a standing less than complete member wont get paid that much, in the end. To be a complete member, youll need at least 120 articles under your belt. Additionally, there are limitations on articles; such as length, original content, and much more. .

From time to time, theres also a minimum post requirement per week. From our experience you can make around $5 an hour depending no 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 required membership amount on BitcoinTalk. .

One of the fastest, easiest but also 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 reduced and sell it when the price 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 exchange and the way to conquer the many risks involved in trading. Successful traders know they More about the author might lose money in the short term but they look at it as an investment in their own education, since they're aiming for the long term. .

If you want to become a trader be certain that you've got the time and funds to invest in good trading education.

One of the most overlooked ways to make money with Bitcoin is by promoting through various affiliate programs. Affiliates are individuals 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 have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to promote that product or service.

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Of course there are many ways that you can promote 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 the content.