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

Even though cryptocurrencies in general might 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 approaches 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 most affordable, easiest but also most time consuming tactics to actually earn Bitcoin is through micro earnings. This means that youll basically be doing small tasks and earning fractions of a coin to get your time 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 claim a very small amount of coins. Faucets are in fact a subcategory of PTC sites, PTC meaning Pay to Click. PTC websites will usually have you click on an advertisement or on a button on the site in order to make money from advertisement 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 electricity for running your computer.

While participating as a tap user might not earn you a lot of money, owning your own faucet is an entire different story. Now, 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 just about 3 decades now. Depending on the advertisers youre using and the amount of traffic you have you can make around $1000/month running a tap.

But, running a faucet requires a reasonable amount of time and effort. Youll need to set up your own site, manage customers, prevent fraud and also Learn More Here 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 could use your BitcoinTalk signature to advertise a product and get paid for every post you write. The whole collection of campaigns can be seen on the discussion itself.

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone using a status less than full member wont get paid that much, in the end. To become a complete member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; such as length, original content, and more. .

Sometimes, theres also a minimum post requirement each week. From our experience you can make around $5 an hour depending no just how much you compose and your membership level. This, of course, 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 make money with Bitcoin is by trading it on an exchange. Basically youre trying to buy Bitcoin when its cost is reduced and sell it when the cost increases.

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But, trading Bitcoin successfully is not a matter of luck or guesswork. Experienced traders spend a substantial amount of time learning how to exchange and how to conquer the many risks involved in trading. Successful traders know they may lose money in the brief term but they look at it as an investment in their own education, since they are aiming for the long term. .

If you want to be a right here trader be certain that you have sufficient time and capital 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 people who market a certain business free of charge 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 promote that service or product.

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