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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 readily. Im sorry to burst the bubble, but Bitcoin is exactly like any other currency out there.

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

Each one of the methods Ill go over are things weve really tested ourselves 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 actually earn Bitcoin is through micro earnings. This means that youll essentially be doing little tasks and earning fractions of a coin for the period you spend.

A number of the more well-known micro earnings sites are Bitcoin taps websites which you repeatedly go to every few minutes in order to claim a very small amount of coins. Faucets are in fact a subcategory of all PTC sites, PTC meaning Pay . 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 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 may not earn you a great deal of money, owning your own faucet is an entire different story. Now, you can build a cryptocurrency faucet relatively easily and earn money from selling ads on your site.

At 99Bitcoins we have 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 tap.

But, running a faucet requires a reasonable amount of time and effort. Youll need to establish 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 could use your BitcoinTalk signature to market a product and get paid for every post you write. The complete collection of campaigns can be seen on the forum itself.

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Having 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, in the end. To be a full member, youll need at least 120 articles under your belt. There are also limitations on articles; such as length, original content, and much more. .

Sometimes, theres also a minimum post requirement each week. From our experience you can make up to $5 an hour depending no just how much you write and your more tips here membership level. This, clearly, does not include the number of articles you need to write in order to earn the mandatory membership amount on BitcoinTalk. .

One of the fastest, easiest but riskiest ways you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its price 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. Experienced traders spend a substantial amount of time learning how to trade and the way to conquer the many dangers involved with trading. Successful traders know they might get rid of money in the brief term but they consider it as an investment in their own education, since they are aiming for the long run. .

If you want to be a dealer be certain that you've got the time and capital to invest in good trading education.

One of the most overlooked ways to earn money with Bitcoin is by promoting through various affiliate programs. Affiliates are 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 service or product.

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Of course there are many ways that you can market your affiliate link you can share it on Facebook, run ad campaigns on different sites or even create your own information website and promote your links within the content.