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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 readily. Im sorry to burst the bubble, but Bitcoin is exactly like any other currency out there.

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

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

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

Some of the more well-known micro earnings sites are Bitcoin taps websites that you repeatedly go to every couple of minutes in order to claim a very small amount of coins. Faucets are in fact a subcategory of all PTC sites, PTC meaning Pay to Click. PTC sites will often have you click on an advertisement or on a button on the site in order to make money from ad sales.

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From our calculations, if 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 power for running your PC.

While participating as a tap person might not earn you a lot of money, owning your own faucet is an entire 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 just about 3 decades now. Depending on the advertisers youre using and the amount of visitors you have you can make around $1000/month running a faucet.

But, running a faucet takes a reasonable amount of time and energy. Youll need to set up your own site, 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 each post you write. The complete list of campaigns can be seen on the discussion 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 full 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 per week. From our experience you can make up to $5 an hour depending no just how much you write and your membership level. This, of course, does not include the number of articles you need to compose in order to earn the mandatory membership level on BitcoinTalk. .

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

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However, 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 Discover More overcome the many risks involved with trading. Successful traders know they may lose money in the brief term but they look at it as an investment in their own education, since they are aiming for the long run. .

If you want to become a dealer make sure you have sufficient 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 people who market a certain business free of charge but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods and providers 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 you can promote your affiliate link you can share it on Facebook, run advertising campaigns on different websites or even set up your own information site and promote your links within the content.