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

While cryptocurrencies in general may hold some new possibilities for generating income that the fundamentals are the exact 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 from experience. Lets get started

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

A number of the well-known micro earnings websites are Bitcoin faucets sites that you repeatedly go to every couple of minutes in order to maintain a tiny amount of coins. Faucets are actually a subcategory of PTC websites, PTC meaning Pay . PTC sites will usually have you click on an advertisement or on a button on the site in order to generate 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. Today, you can construct a cryptocurrency faucet relatively easily and earn money from selling ads on your site.

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 you have you can make around $1000/month running a faucet.

However, running a faucet takes a reasonable amount of time and energy. Youll need to establish your own site, manage customers, 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,  began running signature campaigns. Simply put, you could use your BitcoinTalk signature to advertise a product and get paid for each post you write. The whole collection of campaigns can be seen on the discussion itself.

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone with a standing 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. Additionally, there are limitations on posts; for example length, original content, and much more. .

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

One of the quickest, easiest but also riskiest ways you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its cost is low and sell it when the cost rises.

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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 exchange and how to overcome the many dangers involved in trading. Successful traders know they might lose money in the short term but they look at it as an investment in their own education, since they are aiming for the long run. .

If you want to become a dealer make sure you have the time and capital to invest in a knockout post good trading education.

One of the most overlooked ways to earn money with Bitcoin is by promoting various affiliate programs. Affiliates are individuals who market a certain business free of charge but get 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 promote that service or product.

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Of course there are many ways you can promote your affiliate link you can share it on Facebook, run advertising campaigns on different sites or even create your own information website and promote your links within the content.