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For some strange reason, people tend to think that because Bitcoin is a new form of currency, there is some magical way you can earn Bitcoins or make money from it readily. Im sorry to burst this bubblebut Bitcoin is just like any other currency out there.

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

Each one of the approaches Ill go over are things weve actually tested ourselves at 99Bitcoins, which means that 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 through micro earnings. This means that youll basically be doing little tasks and earning fractions of a coin to get your period you spend.

Some of the well-known micro earnings websites are Bitcoin faucets sites which you repeatedly go to every couple of minutes in order to claim a tiny amount of coins. Faucets are in fact a subcategory of all PTC websites, PTC meaning Pay . PTC websites will usually have you click on an advertisement or on a button on the website in order to make money from advertisement sales.

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From our calculations, should 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 PC.

While participating as a faucet person 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've been running our own faucet for almost 3 years now. Depending on the 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 set up your own site, 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. In other words, you can use your BitcoinTalk signature to market a product and get paid for every post you write. The complete 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. Typically, anyone using a status less than complete member wont get paid that much, if at all. To become a complete member, youll need at least 120 articles under your belt. There are also limitations on posts; such as length, original content, and much more. .

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

One of the quickest, easiest but riskiest ways that you can make money with Bitcoin is by trading it on an exchange. Basically youre trying to get Bitcoin when its price 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 exchange and how to overcome the many risks involved in trading. Successful traders know they may lose money in the short term but they look at it as an investment in their education, since they are aiming for the long term. .

If you want to become a trader make certain that you have read more sufficient time and funds to invest in great trading education.

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

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