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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there is some magical way you can earn Bitcoins or even earn money from it easily. Im sorry to burst this bubble, but Bitcoin is exactly like any other currency on the market.

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

All of the approaches Ill go over are things weve actually tested ourselves at 99Bitcoins, so 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 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 sites are Bitcoin taps websites which you repeatedly visit every couple of minutes in order to claim a very small amount of coins. Faucets are in fact a subcategory of PTC websites, PTC meaning Pay . PTC websites will often have you click on an ad or on a button on the site 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 PC.

While participating as a tap person might not earn you a great deal of money, owning your own faucet is an entire different story. Now, 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 you have you can make around $1000/month running a faucet.

However, running a faucet takes a reasonable amount of time and effort. 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 could use your BitcoinTalk signature to advertise a product and get paid for each post you write. The complete list of campaigns can be click here to read seen on the discussion itself.

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Having a signature campaign You get paid according to your membership degree on BitcoinTalk. Typically, anyone with a standing less than full 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 articles; such as 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 Get More Info you compose and your membership level. This, of course, does not include the number of posts you need to compose in order to earn the required membership amount on BitcoinTalk. .

One of the fastest, easiest but riskiest ways that you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to buy Bitcoin when its cost 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 conquer the many risks involved in trading. Successful traders know they may get rid of money in the short term but they consider it as an investment in their education, since they're aiming for the long term. .

If you want to become a dealer make sure you've got the time and funds to invest in good trading education.

One of the most overlooked ways to make money with Bitcoin is by promoting various affiliate programs. Affiliates are people 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 that you can market 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 your content.