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

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

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

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

A number of the well-known micro earnings websites are Bitcoin faucets sites which you repeatedly visit every few 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 usually have you click on an ad 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 power for running your computer.

While participating as a faucet person might not earn you a lot of money, owning your own faucet is a whole 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 just about 3 decades now. Depending on the advertisers youre using and the amount of traffic you have you can make up to $1000/month running a tap.

However, running a faucet takes a reasonable amount of time and effort. Youll need to set up 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,  began running signature campaigns. Simply put, 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 discussion .

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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, in the end. To become a complete member, youll need at least 120 articles under your belt. There are also limitations on articles; such as length, original content, and much more. .

From time to time, theres also a minimum post requirement see this here per week. From our experience you can make around $5 an hour depending no how much you write and your membership level. This, clearly, does not include the number of posts you need to write in order to earn the required membership level on BitcoinTalk. .

One of the quickest, easiest but also riskiest ways that you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its price is low and sell it when the price rises.

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But, trading Bitcoin successfully is not a matter of luck or guesswork. Profitable traders spend a substantial amount of time learning how to exchange and the way to overcome the many risks involved with trading. Successful traders know they may get rid of money in the short term but they look at it as an investment in their education, since they're aiming for the long run. .

If you want to become a dealer be sure you've got the time and capital to invest in good trading education.

One of the most overlooked methods to earn money with Bitcoin is by promoting various affiliate programs. Affiliates are people who promote a certain business for free 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 service or product.

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