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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there's some magical 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 out there.

While cryptocurrencies in general may hold some new possibilities for generating income the basics are the exact same youll need to invest time, or money in order to make money.

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

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

A number of the more well-known micro earnings sites are Bitcoin faucets sites that you repeatedly visit every few minutes in order to claim a tiny amount of coins. Faucets are actually a subcategory of all PTC websites, PTC meaning Pay to Click. PTC websites 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 easily and earn money from selling ads on your site.

At 99Bitcoins we've been running our own faucet for almost 3 decades now. Depending on the advertisers youre using and the amount of traffic you have you can make up to $1000/month running a tap.

However, running a faucet requires a reasonable amount of time and effort. Youll need to set up your own website, 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. In other words, you can use your BitcoinTalk signature to market a product and get paid for each post you write. The complete collection of campaigns can be seen on the forum .

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With 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, if at all. To be a complete member, youll need at least 120 articles under your belt. There are also limitations on posts; 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 compose and your membership level. This, of course, does not include the description number of posts you need to write in order to earn the mandatory membership level on BitcoinTalk. .

One of the quickest, easiest but riskiest ways that you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its price 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 trade and how to overcome the many risks involved in trading. Successful traders know they might get rid of money in the short term but they look at it as an investment in their education, since they're aiming for the long term. .

If you want to become a dealer be certain that you've got the time and capital to invest in good trading education.

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

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Naturally there are many ways you can promote your affiliate link you can discuss it on Facebook, run advertising campaigns on different sites or even set up your own information website and boost your links within your content.