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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there's some magic way you can earn Bitcoins or even earn money from it easily. Im sorry to burst this bubblebut Bitcoin is just like any other currency out there.

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

All of the methods 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 tactics to really earn Bitcoin is via micro earnings. This means that youll essentially be doing little tasks and earning fractions of a coin to get the time you spend.

A number of the more well-known micro earnings sites are Bitcoin taps websites that you repeatedly visit 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 . PTC websites 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 user 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 readily and earn money from selling ads on your website.

At 99Bitcoins we have 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 tap.

But, running a faucet requires 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 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 forum .

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With 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, in the end. To be a full member, youll need at least 120 articles under your belt. Additionally, there are limitations on articles; 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 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 that you can earn 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 exchange and the way to conquer the many dangers involved in trading. Successful traders know they might lose money in the short term but they look at it as an investment in their education, since they're aiming for the long run. .

If you want to be a trader be sure you have sufficient time and funds to invest in great trading education.

One of the most overlooked methods see here now to make money with Bitcoin is by promoting through various affiliate programs. Affiliates are people who market a certain business free of charge but receive 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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Of course there are many ways that 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 website and promote your links within your content.