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

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

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

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

Some of the well-known micro earnings sites are Bitcoin taps websites which you repeatedly visit every few minutes in order to maintain a very small amount of coins. Faucets are actually a subcategory of all PTC sites, PTC meaning Pay . PTC sites will usually have you click on an advertisement or on a button on the site in order to make 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 electricity for running your computer.

While participating as a faucet user 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 website.

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

However, running a faucet requires a reasonable amount of time and effort. Youll need to establish your own site, manage customers, prevent fraud and also 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 can use your BitcoinTalk signature to advertise a product and get paid for every post you write. The whole list of campaigns can be seen on the forum .

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone using a standing less than complete member wont get paid that much, if at all. To become a full member, youll need at least 120 articles 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 up to $5 an hour depending no how much you write and your membership level. This, of course, does not include the number of posts you need to compose in order to earn the required 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. Basically youre trying to buy Bitcoin when its price is low and anchor sell it when the price rises.

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But, 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 with trading. Successful traders know they might lose money in the short term but they consider it as an investment in best site their own education, since they are aiming for the long run. .

If you want to become a trader make sure you've got sufficient time and capital to invest in great trading education.

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

Many Bitcoin exchanges, products 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 you can promote your affiliate link you can discuss it on Facebook, run advertising campaigns on different sites or even create your own information website and boost your links within the content.