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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there's some magical way you can earn Bitcoins or even earn 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 might hold a few new possibilities for generating income the fundamentals are the same youll need to invest cash, or money in order to make money.

All the approaches Ill go over are things weve actually tested ourselves at 99Bitcoins, so that you can rest assured were talking from experience. Lets get started

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

Some of the well-known micro earnings sites are Bitcoin faucets sites 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 . PTC sites will often have you click on an advertisement or on a button on the site in order to generate money from ad sales.

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From our calculations, should 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 computer.

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

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 that you have you can make around $1000/month running a faucet.

But, running a faucet takes a reasonable amount of time and effort. Youll need to set up your own website, manage customers, 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. Simply put, Learn More you can use your BitcoinTalk signature to market a product and get paid for each post you write. The complete list of campaigns can be seen on the discussion .

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With a signature campaign You get paid according to your membership degree on BitcoinTalk. Usually, anyone using a status less than full member wont get paid that much, if at all. To become a full member, youll need at least 120 articles under your belt. There are also 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 how much you write and your membership level. This, clearly, does not include the number of posts you need to compose in order to earn the mandatory membership amount on BitcoinTalk. .

One of the quickest, easiest but riskiest ways that you can earn money with Bitcoin is by trading it on an exchange. Basically youre trying to get Bitcoin when its cost 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. Profitable 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 may lose money in the brief term but they consider it as an investment in their own education, since they are aiming for the long run. .

If you want to become a dealer make certain that you've got 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 promote a certain business for free but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, products and providers 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 there are many ways you can promote your affiliate link you can discuss it on Facebook, run ad campaigns on different websites or even set up your own information site and promote your links within your content.

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