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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there's some magic way you can earn Bitcoins or 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 might hold some new possibilities for generating income the basics are the same youll need to invest time, or money in order to generate money.

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

One of the cheapest, easiest but also most time consuming tactics to really earn Bitcoin is via micro earnings. This means that youll essentially be doing little tasks and earning fractions of a coin for your period you spend.

A number of the more well-known micro earnings sites are Bitcoin taps websites that you repeatedly go to every couple of minutes in order to maintain a very small amount of coins. Faucets are actually a subcategory of all PTC sites, PTC meaning Pay . PTC sites will usually have you click on an advertisement or on a button on the website in order to make 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 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've been running our own faucet for almost 3 years now. Depending on the advertisers youre using and the amount of traffic that you have you can make up to $1000/month running a tap.

However, running a faucet takes a reasonable amount of time and effort. Youll need to set up your own website, 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,  started running signature campaigns. In other words, you could 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 degree on BitcoinTalk. Typically, anyone using a status less than complete member wont get paid that much, in the end. To be a complete member, youll need at least 120 posts under your belt. There are also limitations on articles; such as length, original content, and more. .

Sometimes, theres also a minimum post requirement per week. From our experience you can click this site 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 required membership amount on BitcoinTalk. .

One of the quickest, easiest but riskiest ways you can make money with Bitcoin is by trading it on an exchange. Basically youre trying to get Bitcoin when its price is reduced and sell it when the cost increases.

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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 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 be a trader be certain that you've got sufficient 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 people who market a certain business free of charge but receive a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods and services Source 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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Of course Recommended Site there are many ways that 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 promote your links within your content.