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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there is some magic way you can earn Bitcoins or even earn money from it readily. Im sorry to burst the bubble, but Bitcoin is just like any other currency out there.

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

All of the methods Ill go over are things weve actually tested ourselves at 99Bitcoins, so you can rest assured were talking out of experience. Lets get started

One of the most affordable, easiest but also most time consuming tactics to actually earn Bitcoin is via micro earnings. This means that youll essentially be doing small jobs and earning fractions of a coin to get the time you spend.

Some of the more well-known micro earnings sites are Bitcoin faucets sites which you repeatedly visit every couple of minutes in order to maintain a very small amount of coins. Faucets are actually a subcategory of PTC websites, PTC meaning Pay . PTC sites will often have you click on an ad or on a button on the website in order to make money from ad sales.

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From our calculations, if 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 power for running your computer.

While participating as a faucet user may not earn you a lot of money, owning your own faucet is a whole different story. Today, you can construct a cryptocurrency faucet relatively easily and earn money from selling ads on your website.

At 99Bitcoins we've been running our own faucet for just about 3 years now. Depending on the advertisers youre using and the amount of visitors that you have you can make up to $1000/month running a tap.

However, 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,  began running signature campaigns. Simply put, you could use your BitcoinTalk signature to market a product and get paid for each post you write. The whole list of campaigns can be seen on the forum .

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone with a status less than full 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 articles; 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 just 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 level on BitcoinTalk. additional resources .

One of the fastest, easiest but riskiest ways you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to get Bitcoin when its cost is reduced and sell it when the price increases.

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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 overcome the many dangers 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 own education, since they are aiming for the long term. .

If you want to be a dealer make sure you've got sufficient time and capital 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 individuals who promote a certain business free of charge 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 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 boost your links within the content.

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