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For some strange reason, people tend to think that because Bitcoin is a new form of currency, there is some magical way you can earn Bitcoins or even earn money from it easily. Im sorry to burst the bubblebut Bitcoin is just like any other currency on the market.

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

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

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

Some of the well-known micro earnings sites are Bitcoin taps websites that you repeatedly go to every couple of minutes in order to maintain a tiny amount of coins. Faucets are in fact a subcategory of all PTC sites, PTC meaning Pay to Click. PTC sites will often have you click on an advertisement or on a button on the website in order to generate money from advertisement 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 PC.

While participating as a faucet user may not earn you a great deal of money, owning your own faucet is an entire different story. Today, 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 faucet.

However, running a faucet takes a reasonable amount of time and energy. 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,  started running signature campaigns. Simply put, you could use your BitcoinTalk signature to advertise a product and get paid browse around this site for every post you write. The complete list of campaigns can be seen on the discussion .

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone using 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. Additionally, there are limitations on posts; for example length, original content, and 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 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 level on BitcoinTalk. .

One of the quickest, easiest but riskiest ways you can earn money with Bitcoin is by trading it on an exchange. Basically youre trying to buy 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 exchange and the way to overcome the many risks involved with trading. Successful traders know they may get rid of money in the short term but they consider it as an investment in their own education, since they're aiming for the long run. .

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

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