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

While cryptocurrencies in general might hold some new possibilities for generating income the basics are the exact same youll need to invest cash, or money in order to generate 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 cheapest, easiest but also most time consuming ways to really earn Bitcoin is via micro earnings. This means that youll basically be doing small jobs and earning fractions of a coin to get the period you spend.

A number of the well-known micro earnings websites are Bitcoin taps websites that you repeatedly go to every few minutes in order to maintain a very small amount of coins. Faucets are actually a subcategory of PTC websites, PTC meaning Pay . 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, should 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 faucet user may not earn you a lot of money, owning your own faucet is a whole 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 almost 3 years now. Depending on the advertisers youre using and the amount of visitors you have you can make around $1000/month running a faucet.

But, running a faucet takes a reasonable amount of time and effort. Youll need to establish your read the article 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,  started running signature campaigns. In other words, you can use your BitcoinTalk signature to market 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 status less look here than complete member wont get paid that much, if at all. To be a full member, youll need at least 120 posts under your belt. There are also limitations on articles; for example length, original content, and 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 just how much you write and your membership level. This, clearly, does not include the number of articles you need to write in order to earn the required membership amount on BitcoinTalk. .

One of the fastest, easiest but riskiest ways that you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its cost 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. Profitable traders spend a substantial amount of time learning how to trade and the way to overcome the many dangers read more involved in trading. Successful traders know they may lose money in the brief term but they look at it as an investment in their own education, since they're aiming for the long run. .

If you want to be a trader make certain that you've got the time and funds to invest in great trading education.

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

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