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

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

All of the approaches Ill go over are things weve really tested ourselves at 99Bitcoins, so that you can rest assured were talking out of experience. Lets get started

One of the most affordable, easiest but most time consuming ways to really earn Bitcoin is via micro earnings. This means that youll essentially be doing small jobs and earning fractions of a coin for your period 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 claim a very small amount of coins. Faucets are in fact a subcategory of all PTC sites, PTC meaning Pay . PTC websites will often 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, 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 great deal of money, owning your own faucet is an entire 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 decades now. Depending on the advertisers youre using and the amount of visitors you have you can make up to $1000/month running a tap.

However, running a faucet requires a reasonable amount of time and effort. Youll need to establish your own site, 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,  began running signature campaigns. In other words, you can use your BitcoinTalk signature to advertise a product and get paid for each post you write. The whole list 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 using a standing less than full member wont get paid that much, if at all. To be a complete member, youll need at least 120 posts under your belt. There are also limitations on posts; for example length, original content, and much more. .

From time to time, theres also a minimum post requirement each week. From our experience you can make around $5 an hour depending no just how much you write and your membership level. This, of course, does not include the number of posts you need to compose in order to earn the mandatory 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 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 exchange and the way to conquer the many dangers involved with trading. Successful traders know they may lose money in the short 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 become a trader make sure you've got the time and funds 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 look at here 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 market that service or product.

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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 websites or even create your own information site and promote your links within your content.