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

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

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

One of the cheapest, easiest but also most time consuming ways to actually earn Bitcoin is via micro earnings. This means that youll essentially be doing small tasks and earning fractions of a coin for your period you spend.

A number of the more well-known micro earnings sites are Bitcoin taps websites which you repeatedly visit every few minutes in order to claim a tiny amount of coins. Faucets are in fact a subcategory of PTC sites, 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, 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 electricity for running your PC.

While participating as a tap person may not earn you a great deal of money, owning your own faucet is an entire different story. Now, 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 you have you can make up to $1000/month running a faucet.

However, running a faucet takes a reasonable amount of time and effort. 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 each post you write. The whole list of campaigns can be seen on the forum itself.

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Having a signature campaign You get paid according to your membership degree on BitcoinTalk. Usually, anyone using a standing less than complete member wont get paid that much, if at all. To become a full member, youll need at least 120 articles under your belt. Additionally, there are limitations on articles; such as length, original content, and much more. .

From time to time, theres also a minimum post requirement per week. From our experience you can make up to $5 an hour depending no how much you compose and your membership level. This, of course, does not include the number of articles you need to write in order to earn the mandatory membership level 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 buy Bitcoin when its cost is low and sell it when the price increases.

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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 trade and how to overcome the many dangers involved with trading. Successful traders know they might get rid of money in the brief term but they look at it as an investment in their education, since they are aiming for the long term. .

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

One of the most overlooked methods to make money with Bitcoin is by promoting through 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, products and services have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to promote that service or product.

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Naturally there are many ways that you visit site can market your affiliate link you can discuss it on Facebook, run advertising campaigns on different sites or even create your own information site and boost your links within the content.