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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there's some magic way you can earn Bitcoins or even make money from it easily. Im sorry to burst the bubble, but Bitcoin is exactly like any other currency out there.

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

Each one the approaches Ill go over are things weve really tested ourselves at 99Bitcoins, so that you can rest assured were talking from experience. Lets get started

One of the most affordable, easiest but also most time consuming ways to really earn Bitcoin is through micro earnings. This means that youll essentially be doing small tasks and earning fractions of a coin for the time you spend.

A number of the more 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 websites will often have you click on an advertisement or on a button on the site in order to make money from ad 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 tap user might 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 easily 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 weblink advertisers youre using and the amount of traffic that you have you can make up to $1000/month running a tap.

But, running a faucet takes a reasonable amount of time and energy. Youll need to establish your own site, manage users, 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 discussion itself.

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With a signature campaign You get paid according to your membership degree on BitcoinTalk. Usually, anyone using a standing less than full member wont get paid that much, if at all. To become a full member, youll need at least 120 articles under your belt. There are also limitations on articles; such as 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 compose and your membership level. This, of course, does not include the number of articles you need to write in order to earn the required membership level on BitcoinTalk. .

One of the fastest, click this easiest but also riskiest ways you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its cost is low 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 overcome the many dangers involved with trading. Successful traders know they may lose money in the brief term but they consider it as an investment in their education, since they are aiming for the long run. .

If you want to be a trader make sure you have sufficient time and capital to invest in good trading education.

One of the most overlooked ways to make money with Bitcoin is by promoting through various affiliate programs. Affiliates are individuals who promote 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 market that service or product.

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Naturally there are many ways that 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 website and promote your links within the content.