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For some strange reason, people tend to think that since 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 the bubblebut Bitcoin is just like any other currency out there.

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

Each one 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 cheapest, easiest but also most time consuming ways to really earn Bitcoin is via micro earnings. This means that youll basically be doing little tasks and earning fractions of a coin to get your period you spend.

A number of the more well-known micro earnings websites are Bitcoin taps websites which 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 websites, PTC meaning Pay to Click. PTC sites will usually have you click on an advertisement or on a button on the site in order to generate 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 tap person may not earn you a lot of money, owning your own faucet is an entire different story. Now, you can construct a cryptocurrency faucet relatively easily and earn money from selling ads on your site.

At 99Bitcoins we have been running our own faucet for almost 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 faucet.

But, 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 advertise a product and get paid for each post you write. The whole list of campaigns can be seen on the discussion .

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Having a signature campaign You get paid according to your membership degree on BitcoinTalk. Typically, anyone using a standing less than complete member wont get paid that much, in the end. To be a complete member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; for example 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 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 low and sell it when the cost increases.

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But, trading Bitcoin successfully is not a matter of luck or guesswork. Experienced traders spend a substantial amount of time learning how to exchange and how to overcome the many risks 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 are aiming for the long term. .

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

One of the most overlooked ways 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, products and providers have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to promote that product or service.

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Naturally there are many have a peek at this website ways that you can market your affiliate link you can share it on Facebook, run advertising campaigns on different websites or even set up your own information site and boost your links within your content.