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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 even make money from it readily. Im sorry to burst this bubble, but Bitcoin is exactly like any other currency out there.

While cryptocurrencies in general may hold a few new possibilities for generating income the basics are the exact 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 here at 99Bitcoins, so 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 via micro earnings. This means that youll essentially be doing small tasks and earning fractions of a coin to get the time you spend.

A number 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 to Click. PTC sites will often have you click on an ad or on a button on the site in order to make money from advertisement 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 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. 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 decades now. Depending on the advertisers youre using and the amount of traffic that you have you can make up to $1000/month running a faucet.

But, running a faucet requires a reasonable amount of time and energy. 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,  started running signature campaigns. Simply put, you could 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 discussion itself.

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone using a status less than complete member wont get paid that much, in the end. To be a complete member, youll need at least 120 posts under your belt. There are also limitations on posts; for example length, original content, and much more. .

Sometimes, 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, clearly, does not include the number of articles you need to write in order to earn the required membership level on BitcoinTalk. .

One of the quickest, easiest but also riskiest ways you can earn money with Bitcoin is by trading it on an exchange. Basically youre trying to buy Bitcoin when its cost is reduced and sell it click this link 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 exchange and the way to conquer the many risks involved in trading. Successful traders know they might get rid of money in the brief term but they look at it as an investment in their own education, since they are aiming for the long term. .

If you want to be a trader be sure you've got the time and funds to invest in good trading education.

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

Many Bitcoin exchanges, goods 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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Naturally there are many ways you can promote your affiliate link you can discuss it on Facebook, run ad campaigns on different sites or even create your own information site and boost your links within the content.