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

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

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

One of the cheapest, easiest but most time consuming tactics to actually earn Bitcoin is via micro earnings. This means that youll basically be doing small tasks and earning fractions of a coin to get the time you spend.

Some of the more well-known micro earnings websites are Bitcoin taps websites which you repeatedly go to every couple of minutes in order to maintain a tiny amount of coins. Faucets are actually a subcategory of all PTC sites, PTC meaning Pay . PTC sites will often have you click on an advertisement or on a button on the website in order to generate 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 electricity for running your PC.

While participating as a faucet user may not earn you a great deal of money, owning your own faucet is a whole different story. Today, you can build a cryptocurrency faucet relatively easily and earn money from selling ads on your website.

At 99Bitcoins we have been running our own faucet for almost 3 decades now. Depending on the advertisers youre using and the amount of traffic that you have you can make around $1000/month running a faucet.

But, running a faucet requires a reasonable amount of time and energy. 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,  began running signature campaigns. In other words, you could use your BitcoinTalk signature to advertise a product and get paid for every post you write. The whole list of campaigns can be seen on the forum itself.

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With a signature campaign You get paid according to your membership degree on BitcoinTalk. Usually, anyone with a status less than full member wont get paid that much, if at all. To become a complete member, youll need at least 120 posts under your belt. There are also 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 you compose and your membership level. This, clearly, does not include the number of posts you need to compose in their explanation order to earn the required membership amount on BitcoinTalk. .

One of visit site the fastest, easiest but riskiest ways you can earn 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 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 exchange and the way to conquer the many dangers involved with trading. Successful traders know they might lose money in the brief term but they look at it as an investment in their own education, since they're aiming for the long run. .

If you want to be a dealer be sure you've got the time and capital to invest in great trading education.

One of the most overlooked ways to make money with Bitcoin is by promoting various affiliate programs. Affiliates are individuals who promote a certain business for free 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 service or product.

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Naturally there are many ways that you can market your affiliate link you can discuss it on Facebook, run advertising campaigns on different sites or even create your own information website and promote your links within the content.