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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 readily. Im sorry to burst this bubble, but Bitcoin is just like any other currency out there.

Even though cryptocurrencies in general might hold a few new possibilities for generating income the fundamentals are the same youll need to invest time, or money in order to generate money.

All of the approaches Ill go over are things weve really tested ourselves here at 99Bitcoins, so you can rest assured were talking out of experience. Lets get started

One of the cheapest, easiest but also most time consuming ways to really earn Bitcoin is through micro earnings. This means that youll basically be doing little jobs and earning fractions of a coin for the time you spend.

A number of the well-known micro earnings websites are Bitcoin faucets sites which 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 to Click. PTC sites will often have you click on an ad or on a button on the website 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 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. 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 traffic you have you can make up to $1000/month running a faucet.

However, running a faucet takes a reasonable amount of time and effort. Youll need to set up 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,  started running signature campaigns. In other words, you can 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 .

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone with a standing less than complete member wont get paid that much, in the end. To become a complete member, youll need at least 120 posts under your belt. There are also limitations on posts; for example 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, of course, does not include the number of posts you need to compose in order to earn the required membership level on BitcoinTalk. .

One of the fastest, easiest but riskiest ways you can earn money with Bitcoin is by trading it on an exchange. see this Fundamentally youre trying to get Bitcoin when its cost is low and sell it when the cost increases.

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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 conquer the many risks 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 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 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 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 you can promote your affiliate link you can share it on Facebook, run ad campaigns on different sites or even create your own information website and promote your links within the content.

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