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For some strange reason, people tend to think that because 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 this bubblebut Bitcoin is exactly like any other currency on the market.

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

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

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

Some of the well-known micro earnings sites are Bitcoin taps websites which you repeatedly go to every few minutes in order to claim a tiny amount of coins. Faucets are actually a subcategory of all PTC websites, PTC meaning Pay to Click. PTC websites will often have you click on an ad or on a button on the website 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 PC.

While participating as a tap person might not earn you a great deal of money, owning your own faucet is an entire different story. Today, you can construct a cryptocurrency faucet relatively readily and earn money from selling ads on your website.

At 99Bitcoins we've been running our own faucet for just about 3 decades now. Depending on the advertisers youre using and the amount of visitors that you have you can make around $1000/month running a faucet.

However, running a faucet requires 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, 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 forum itself.

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With 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 full member, youll need at least 120 posts under your belt. Additionally, there are limitations on articles; for example 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 you can try these out the number of articles you need to compose in order to earn the required membership level on BitcoinTalk. .

One of the fastest, easiest but also riskiest ways that you can make money with Bitcoin is by trading it on an exchange. Basically youre trying to get 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. Experienced 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 may lose money in the brief term but they look at it as an investment in their own education, since they are aiming for the long anonymous run. .

If you want to be a trader be sure you've got sufficient time and funds to invest in good trading education.

One of the most overlooked methods to earn money with Bitcoin is by promoting through various affiliate programs. Affiliates are people who market a certain business for free but receive a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods and services 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 share it on Facebook, run ad campaigns on different websites or even create your own information website and boost your links within the content.