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

Even though cryptocurrencies in general may hold some new possibilities for generating income that the basics are the exact same youll need to invest time, or money in order to generate money.

Each one of the approaches Ill go over are things weve actually 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 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 to get your time you spend.

Some of the more well-known micro earnings websites are Bitcoin taps websites which you repeatedly visit every couple of minutes in order to maintain a tiny amount of coins. Faucets are in fact a subcategory of PTC sites, PTC meaning Pay . 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 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 might not earn you a lot of money, owning your own faucet is a whole different story. Now, 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 takes a reasonable amount of time and energy. Youll need to set up your own website, manage users, 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,  began running signature campaigns. In other words, you can 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 .

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

From time to time, theres also a minimum post requirement each week. From our experience you can make around $5 an hour depending no just 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 amount on BitcoinTalk. .

One of the quickest, easiest but also riskiest ways that you can make money with Bitcoin is by trading it on an exchange. Basically youre trying to buy Bitcoin when its price is reduced and sell it when the check my reference 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 risks involved with trading. Successful traders know they might get rid of money in the short term but they consider it as an investment in their own education, since they are aiming for the long term. .

If you want to become a trader make certain that 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 people who market a certain business for free but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, products and services 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 YOURURL.com 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 website and boost your links within your content.