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

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

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

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

Some of the more well-known micro earnings websites are Bitcoin faucets sites that you repeatedly go to every few minutes in order to claim a very small amount of coins. Faucets are in fact a subcategory of all PTC websites, 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, 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 power for running your computer.

While participating as a faucet user may not earn you a great deal of money, owning your own faucet is a whole different story. Today, you can build a cryptocurrency faucet relatively readily and earn money from selling ads on your site.

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 around $1000/month running a faucet.

However, running a faucet requires a reasonable amount of time and energy. Youll need to establish your own website, manage users, 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 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 forum .

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Having 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 articles under your belt. Additionally, there are limitations on posts; for example length, original content, and more. .

Sometimes, 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, clearly, does not include the number of articles you need to write in order to earn the required membership level on BitcoinTalk. .

One of the fastest, easiest but also riskiest ways you can earn 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 cost 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 how to conquer the many risks involved with trading. Successful traders know they may lose money in the short term but they consider it as an investment in their own education, since they are aiming for the long run. .

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

One of the most overlooked ways to make money with Bitcoin is by promoting various affiliate programs. Affiliates are people 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 providers have an affiliate program in which you can enroll. You official statement then get your own unique affiliate link in order to promote that product or service.

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Naturally there are many ways you can market your affiliate link you can share it on Facebook, run ad campaigns on different sites or even straight from the source create your own information website and boost your links within your content.

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