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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 even make money from it readily. Im sorry to burst this bubble, but Bitcoin is just like any other currency out there.

While cryptocurrencies in general might hold some new possibilities for generating income the fundamentals are the exact same youll need to invest cash, or money in order to make money.

Each one the approaches Ill go over are things weve really tested ourselves at 99Bitcoins, which means that you can rest assured were talking from experience. Lets get started

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

Some of the more well-known micro earnings websites are Bitcoin taps websites that you repeatedly visit every couple of minutes in order to claim a tiny amount of coins. Faucets are in fact a subcategory of all PTC websites, PTC meaning Pay to Click. PTC sites 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, 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 electricity for running your PC.

While participating as a faucet user may not earn you a lot of money, owning your own faucet is an entire different story. Today, you can build a cryptocurrency faucet relatively easily 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 visitors you have you can make up to $1000/month running a faucet.

But, running a faucet takes a reasonable amount of time and energy. Youll need to establish your own website, 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. Simply put, you can 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 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 full member wont get paid that much, if at all. To become a complete 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 up to $5 an hour depending no how much you write and your membership level. This, of course, 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 also 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 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 the way to overcome the many dangers involved with trading. Successful traders know they might get rid of money in the brief term but they consider it as an investment in their own education, since they're aiming for the long run. .

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

One of the most overlooked ways to view earn money with Bitcoin is by promoting through various affiliate programs. Affiliates are individuals who market 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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Naturally there are many ways you can promote your affiliate link you can discuss it on Facebook, run ad campaigns on different sites or even set up your own information site and boost your links within the content.