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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 easily. Im sorry to burst this bubble, but Bitcoin is just like any other currency on the market.

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

Each one of the approaches Ill go over are things weve actually tested ourselves at 99Bitcoins, so 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 jobs and earning fractions of a coin for the period you spend.

Some of the well-known micro earnings sites are Bitcoin taps websites which you repeatedly go to every few minutes in order to maintain a very small amount of coins. Faucets are in fact a subcategory of PTC sites, PTC meaning Pay . PTC sites will usually have you click on an ad or on a button on the website 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 power for running your PC.

While participating as a faucet person may not earn you a great deal of money, owning your own faucet is a whole different story. Now, you can construct a cryptocurrency faucet relatively readily and earn money from selling ads on your site.

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

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

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone with a standing 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 posts; for example length, original content, and much more. .

Sometimes, theres also a Related Site minimum post requirement per week. From our experience you can make around $5 an hour depending no just how much you compose and your membership level. This, clearly, does not include the number of posts you need to site compose in order to earn the required membership amount on BitcoinTalk. .

One of the fastest, easiest but also riskiest ways that you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to get Bitcoin when its price is reduced and sell it when the price 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 trade and how to overcome the many risks involved with trading. Successful traders know they may lose 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 trader be certain that you've got 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 people who market a certain business for free but receive a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods and services have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to promote that product or service.

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