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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 readily. 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 fundamentals are the same youll need to invest time, or money in order to make money.

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

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

Some of the well-known micro earnings sites are Bitcoin taps websites that you repeatedly visit every few minutes in order to maintain 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 site in order to make 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 may not earn you a great deal of money, owning your own faucet is a whole different story. Now, you can construct a cryptocurrency faucet relatively readily and earn money from selling ads on your site.

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 faucet.

However, running a faucet takes a reasonable amount of time and energy. Youll need to establish your own site, 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,  started running signature campaigns. Simply put, try this out 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 discussion itself.

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone with a standing less than full member wont get paid that much, if at all. To be a complete member, youll need at least 120 posts under your belt. There are also limitations on posts; for example 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 just how much you compose and your membership level. This, of course, does not include the number of posts you need to write in order to earn the required membership level on BitcoinTalk. .

One of the quickest, easiest but also riskiest ways that you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its price is low and sell it when the cost 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 exchange and how to conquer the many dangers involved in trading. Successful traders know they may get rid of money in the short term but they look at it as an investment in their own education, since they are aiming for the long run. .

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

One of the most overlooked methods to make money with Bitcoin is by promoting various affiliate programs. Affiliates are her response individuals who market a certain business for free but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods and providers 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 share it on Facebook, run ad campaigns on different websites or even set up your own information site and promote your links within the content.