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

Even though cryptocurrencies in general may hold some new possibilities for generating income that the basics are the exact 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 at 99Bitcoins, which means you can rest assured were talking from experience. Lets get started

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

Some of the well-known micro earnings sites are Bitcoin faucets sites that you repeatedly go to every couple of minutes in order to maintain a tiny amount of coins. Faucets are in fact a subcategory of PTC sites, 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 ad sales.

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From our calculations, if 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 PC.

While participating as a faucet person might not earn you a great deal of money, owning your own faucet is an entire different story. Today, you can construct a cryptocurrency faucet relatively readily and earn money from selling ads on your website.

At 99Bitcoins we have been running our own faucet for just about 3 years now. Depending on the advertisers youre using and this article the amount of traffic that you have you can make around $1000/month running a faucet.

But, running a faucet requires a reasonable amount of time and effort. Youll need to establish 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. In other words, 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 degree on BitcoinTalk. Typically, anyone with a status less than complete member wont get paid that much, in the end. To become a full member, youll need at least 120 posts under your belt. Additionally, there are limitations on articles; for example length, original content, and much more. .

Sometimes, 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, of course, does not browse this site 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 riskiest ways you can make money with Bitcoin is by trading it on an exchange. Basically youre trying to get visit this page Bitcoin when its cost is reduced and sell it when the price 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 the way to overcome the many risks involved in trading. Successful traders know they may get rid of money in the brief term but they consider it as an investment in their education, since they are aiming for the long term. .

If you want to become a dealer make certain that you have the time and funds to invest in good trading education.

One of the most overlooked methods to make money with Bitcoin is by promoting various affiliate programs. Affiliates are individuals who market a certain business for free 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 product or service.

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Of course there are many ways that you can market your affiliate link you can discuss it on Facebook, run ad campaigns on different sites or even set up your own information website and boost your links within the content.