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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 bubble, but Bitcoin is exactly like any other currency out there.

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

Each one of the approaches Ill go over are things weve really tested ourselves here at 99Bitcoins, so 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 via micro earnings. This means that youll basically be doing small tasks and earning fractions of a coin for your period you spend.

A number of the more well-known micro earnings sites are Bitcoin faucets sites that you repeatedly go to every few minutes in order to maintain a tiny amount of coins. Faucets are in fact a subcategory of PTC websites, PTC meaning Pay to Click. 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 work 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 faucet user might not earn you a lot of money, owning your own faucet is a whole different story. Today, you can build 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 years now. Depending on the advertisers youre using and the amount of traffic you have you can make up to $1000/month running a faucet.

But, running a faucet requires a reasonable amount of time and energy. Youll need to establish your own site, manage customers, why not try this out 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 for each post you write. The whole collection of campaigns can be seen on the forum itself.

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

One of the quickest, easiest but also riskiest ways you can earn 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 rises.

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But, trading Bitcoin successfully is not a matter of luck or guesswork. Profitable traders spend a substantial amount of time learning how to exchange and how to overcome the many risks involved in trading. Successful traders know they might 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 dealer make certain that you have sufficient time and capital 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 individuals who promote a certain business free of charge but receive 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 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 advertising campaigns on different websites or even set up your own information site and boost your links within your content.