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

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

Each one the approaches Ill go over are things weve actually tested ourselves here at 99Bitcoins, so you can rest assured were talking from 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 basically be doing small tasks and earning fractions of a coin for the time you spend.

A number of the well-known micro earnings websites are Bitcoin taps websites that you repeatedly go to every few minutes in order to maintain a very small amount of coins. Faucets are actually a subcategory of PTC sites, PTC meaning Pay . PTC websites will usually have you click on an advertisement or on a button on the site in order to generate money from ad sales.

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From our calculations, should 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 computer.

While participating as a faucet person may not earn you a lot of money, owning your own faucet is a whole different story. Today, you can construct 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 that you have you can make around $1000/month running a faucet.

However, running a faucet takes a reasonable amount of time and energy. Youll need to set up your own website, manage customers, prevent fraud and bring some initial capital to fund the faucet when webpage 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 market a product and get paid for each post you write. The complete list 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 status less than complete member wont get paid that much, in the end. To be a complete member, youll need at least 120 articles under your belt. There are also limitations on posts; such as length, original content, and more. .

Sometimes, theres also a 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 articles you need to compose in order to earn the mandatory membership amount on BitcoinTalk. .

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

If you want to become a trader make certain that you've got sufficient time and capital to invest in good trading education.

One of the most overlooked ways to earn money with Bitcoin is by promoting various affiliate programs. Affiliates are people 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 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 create your own information website and boost your links within your content.