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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 earn money from it readily. Im sorry to burst this bubble, but 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 cash, or money in order to generate money.

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

One of the cheapest, easiest but also most time consuming ways to actually earn Bitcoin is through micro earnings. This means that youll basically be doing little jobs and earning fractions of a coin to get your time you spend.

Some of the more well-known micro earnings websites are Bitcoin taps websites that you repeatedly go to every couple of minutes in order to maintain a very small amount of coins. Faucets are actually a subcategory of PTC websites, PTC meaning Pay to Click. PTC websites will often have you click on an ad or on a button on the site in order to make money from ad 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 power for running your PC.

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 build a cryptocurrency faucet relatively readily 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 traffic you have you can make up to $1000/month running a faucet.

However, running a faucet requires a reasonable amount of time and energy. Youll need to establish your own site, manage users, 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 collection of campaigns can be seen on the discussion .

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With a signature campaign You get paid according to your membership degree on BitcoinTalk. Usually, anyone with useful site 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 posts; for example length, original content, and more. .

From time to time, 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, of course, does not include the number of articles you need to write in order to earn the mandatory membership amount on BitcoinTalk. .

One of the quickest, easiest but also riskiest ways you can earn money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to get Bitcoin when its price is low and sell it when the cost rises.

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However, trading Bitcoin successfully is not a matter of luck or guesswork. Profitable traders spend a substantial amount of time learning how to trade and how to conquer the many dangers involved in 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 are aiming for the long term. .

If you want to become a trader make sure you have the time and capital to invest in great trading education.

One of the most overlooked methods to earn money with Bitcoin is by promoting various affiliate programs. Affiliates are individuals who market a certain business free of charge but receive a commission if you can check here they manage to bring in paying customers.

Many Bitcoin exchanges, goods 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 you can market your affiliate link you can share it on Facebook, run ad campaigns on different websites or even set up your own information website and boost your links within the content.

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