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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 earn 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.

Each one of the approaches Ill go over are things weve actually tested ourselves here at 99Bitcoins, so 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 via micro earnings. This means that youll essentially be doing little jobs and earning fractions of a coin to get your period you spend.

A number of the more well-known micro earnings sites are Bitcoin taps websites that you repeatedly go to every few minutes in order to claim a tiny amount of coins. Faucets are in fact a subcategory of all PTC sites, PTC meaning Pay to Click. PTC websites will usually 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 operate 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 person may not earn you a lot of money, owning your own faucet is an entire different story. Today, you can build 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 establish your own website, 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,  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 complete 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 standing 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; for example length, original content, and more. .

From time to time, theres also a minimum post requirement per week. From our experience you can make around $5 an hour depending no how much you compose and your membership level. This, of course, find out here does not include the number of posts you need to compose in order to earn the mandatory membership level 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 low and sell it when the price 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 the way to overcome the many risks involved with trading. Successful traders know they may lose money in the short term but they look at it as an investment in their education, since they are aiming for the long run. .

If you want to become a trader make certain that you have sufficient time and funds to invest in good trading education.

One of the most overlooked methods to earn money with Bitcoin is by promoting through 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, goods and providers have an affiliate program have a peek at these guys 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 there are many ways that 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 boost your links within the content.