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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there's some magical 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 on the market.

While cryptocurrencies in general might hold some new possibilities for generating income the basics are the same youll need to invest cash, or money in order to generate money.

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

One of the cheapest, easiest but most time consuming tactics to really earn Bitcoin is via micro earnings. This means that youll basically be doing little jobs and earning fractions of a coin to get your period you spend.

Some of the more well-known micro earnings sites are Bitcoin faucets sites which you repeatedly go to 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 sites will often have you click on an advertisement or on a button on the site in order to generate money from ad 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 person might not earn you a lot of money, owning your own faucet is a whole different story. Now, you can construct a cryptocurrency faucet relatively easily and earn money from selling ads on your site.

At 99Bitcoins we have been running our own faucet for just about 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 faucet.

However, running a faucet requires a reasonable amount of time and effort. Youll need to set up your own site, manage users, prevent fraud and also 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 can 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 discussion itself.

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Having a signature campaign You get paid according to your membership degree on BitcoinTalk. Typically, anyone using a status 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. There are also limitations on articles; such as length, original content, and more. .

Sometimes, theres also a minimum post requirement each week. From our experience you can make up to $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 write in order to earn the required membership level on BitcoinTalk. .

One of the fastest, easiest but riskiest ways that you can earn 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 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 trade and the way to conquer the many dangers involved with trading. Successful traders know they may get rid of money in the brief term but they consider it as an investment in their own education, since they are aiming for the long term. .

If you want to be a trader be certain that you have sufficient 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 click here now market a certain business free of charge but receive a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, products 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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Naturally there are many ways that you can market your affiliate link you can share it on Facebook, run advertising campaigns on different websites or even set up your own information website and promote your links within the content.