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

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

Each one the approaches Ill go over are things weve actually tested ourselves here at 99Bitcoins, which means that you can rest assured were talking from 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 basically be doing little tasks and earning fractions of a coin to get the period you spend.

A number of the more well-known micro earnings websites are Bitcoin faucets sites that you repeatedly visit every couple of minutes in order to maintain a very small amount of coins. Faucets are in fact a subcategory of all PTC sites, PTC meaning Pay . PTC sites will often have you click on an advertisement or on a button on the website in order to make 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 power for running your computer.

While participating as a tap user might not earn you a lot of money, owning your own faucet is a whole different story. Now, you can build a cryptocurrency faucet relatively readily 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 visitors you have you can make up to $1000/month running a tap.

But, running a faucet takes a reasonable amount of time and energy. Youll need to set up your own site, 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 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 degree on BitcoinTalk. Typically, anyone with a standing less than full member wont get paid that much, in the end. To become a full member, youll need at least 120 articles under your belt. There are also limitations on posts; for example length, original content, and 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 how much you write 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. . Find Out More

One of the fastest, easiest but riskiest ways you can earn money with Bitcoin is by trading it on an exchange. Basically youre trying to get Bitcoin when its cost is low 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 exchange and the way to conquer the many dangers involved in trading. Successful traders know they might 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 become a dealer be certain that you've got sufficient time and capital to invest in good trading education.

One of the most overlooked ways to earn 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 market that service or product.

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