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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there is some magic way you can earn Bitcoins or even make money from it readily. Im sorry to burst this bubblebut Bitcoin is exactly like any other currency out there.

While 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.

All the approaches Ill go over are things weve actually tested ourselves here at 99Bitcoins, which means you can rest assured were talking from experience. Lets get started

One of the most affordable, easiest but also most time consuming tactics to actually earn Bitcoin is via micro earnings. This means that youll essentially be doing small 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 maintain a very small amount of coins. Faucets are in fact a subcategory of PTC websites, PTC meaning Pay . PTC sites will often have you click on an ad or on a button on the site in order to generate money from advertisement 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 power for running your computer.

While participating as a faucet user may not earn you a lot of money, owning your own faucet is a whole different story. Today, 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 almost 3 years now. Depending on the advertisers youre using and the amount of visitors that you have you can make up to $1000/month running a tap.

But, running a faucet requires a reasonable amount of time and effort. 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,  started running signature campaigns. In other words, you could the original source use your BitcoinTalk signature to advertise a product and get paid for every post you write. The complete collection of campaigns can be seen on the discussion itself.

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Having a signature campaign You read get paid according to your membership level on BitcoinTalk. Usually, anyone using a standing less than full member wont get paid that much, if at all. To be a complete member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; such as length, original content, and much 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 write and your membership level. This, of course, does not include the number of posts you need to write in order to earn the mandatory membership level on BitcoinTalk. .

One of the fastest, easiest but riskiest ways that 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 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 trade and how to overcome the many risks involved with trading. Successful traders know they might lose money in the short term but they look at it as an investment in their education, since they're aiming for the long run. .

If you want to become a dealer make certain that you have sufficient time and capital to invest in great trading education.

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

Many Bitcoin exchanges, goods and services have click this site 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 websites or even set up your own information website and promote your links within your content.