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For some strange reason, people tend to think that since Bitcoin is a new type of currency, there is some magic 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.

Even though cryptocurrencies in general may hold a few new possibilities for generating income the basics are the exact same youll need to invest time, or money in order to generate money.

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

One of the cheapest, easiest but most time consuming ways to really earn Bitcoin is through micro earnings. This means that youll essentially be doing little tasks and earning fractions of a coin to get the period 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 tiny amount of coins. Faucets are actually a subcategory of PTC websites, PTC meaning Pay to Click. PTC websites will usually have you click on an ad or on a button on the website in order to generate money from ad 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 person may not earn you a great deal of money, owning your own faucet is a whole different story. Now, you can construct a cryptocurrency faucet relatively easily and earn money from selling ads on your website.

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 that you have you can make up to $1000/month running a faucet.

However, running a faucet requires a reasonable amount of time and energy. Youll need to set up your own site, manage customers, 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 market a product and get paid for every post you write. The whole list of Check Out Your URL campaigns can be seen on the discussion .

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone using a status less than full member wont get paid that much, if at all. To be a full member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; for example length, original content, and much more. .

Sometimes, theres also a minimum post requirement per week. From our experience you can make up to $5 an hour depending no how much you write and your membership level. This, of course, does not include the number of posts you need to write in order to earn the required membership level on BitcoinTalk. .

One of the quickest, easiest but riskiest ways that you can make money with Bitcoin is by hop over to here trading it on an exchange. Basically youre trying to buy Bitcoin when its price is reduced and sell it when the price rises.

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But, trading Bitcoin successfully is not a matter of luck Read Full Report or guesswork. Profitable traders spend a substantial amount of time learning how to trade and the way to conquer the many dangers involved in trading. Successful traders know they might lose money in the short term but they consider it as an investment in their education, since they're aiming for the long run. .

If you want to become a trader be sure you've got sufficient time and funds to invest in great trading education.

One of the most overlooked ways to earn money with Bitcoin is by promoting through various affiliate programs. Affiliates are people who promote a certain business free of charge but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, products and services 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 ad campaigns on different sites or even set up your own information website and promote your links within your content.