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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 that the basics are the same youll need to invest time, or money in order to generate money.

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

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

A number of the more well-known micro earnings websites are Bitcoin faucets sites which you repeatedly go to every few minutes in order to maintain a tiny amount of coins. Faucets are in fact a subcategory of all 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 operate 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 PC.

While participating as a tap user might not earn you a lot of money, owning your own faucet is an entire different story. Today, you can build a cryptocurrency faucet relatively easily and earn money from selling ads on your site.

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

But, running a faucet takes a reasonable amount of time and effort. Youll need to set up your own website, 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. Simply put, you can use your BitcoinTalk signature to advertise a product and get paid for every post you write. The complete collection of campaigns can be seen on the discussion itself.

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone with a status less than full member wont get paid that much, if at all. To become a complete member, youll need at least 120 posts under your belt. There are also limitations on articles; such as length, original content, and much more. .

From time to time, theres also a minimum post requirement per week. From our experience you can make around $5 an hour depending no just how much you write and your membership level. This, clearly, does not include the number of articles you need to write in order to earn the mandatory reference membership level on BitcoinTalk. .

One of the quickest, easiest but riskiest ways you can make 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 increases.

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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 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 trader make sure 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 through various affiliate programs. Affiliates are individuals who promote a certain business free of charge 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 look at this web-site to market that product or service.

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