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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 even make 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 may hold a few new possibilities for generating income that the basics are the same youll need to invest cash, or money in order to generate money.

Each one of the methods Ill go over are things weve really tested ourselves here 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 jobs and earning fractions of a coin to get your time you spend.

Some of the well-known micro earnings websites are Bitcoin faucets sites which 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 sites will usually 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, 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 faucet user 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 requires a reasonable amount of time and energy. Youll need to establish your own website, manage customers, 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. Simply put, you can use your BitcoinTalk signature to market a product and you could try here get paid for every post you write. The complete list of campaigns can be seen on the discussion .

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With a signature campaign You get paid according to your membership degree on BitcoinTalk. Usually, anyone with a status less than complete member wont get paid that much, if at all. To become a full member, youll need at least 120 posts under your belt. There are also 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, 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 also riskiest ways you can make 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. Experienced traders spend a substantial amount of time learning how to trade and the way to overcome the many dangers involved in 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 be a trader make sure you have the time and capital 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 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 service or product.

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