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

Even though cryptocurrencies in general may hold a few new possibilities for generating income that the fundamentals are the exact same youll need to invest time, or money in order to make money.

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

One of the cheapest, easiest but also most time consuming tactics to really 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.

A number of the more well-known micro earnings sites are Bitcoin taps websites that you repeatedly visit every couple of minutes in order to claim a very small amount of coins. Faucets are actually a subcategory of all PTC sites, PTC meaning Pay to Click. PTC sites will often have you click on an ad or on a button on the site in order to generate money from ad 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 person might not earn you a lot of money, owning your own faucet is an entire different story. Now, you can build a cryptocurrency faucet relatively easily and earn money from selling ads on your site.

At 99Bitcoins we've 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 tap.

However, 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,  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 collection of campaigns can be official statement 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 full member wont get paid that much, in the end. To become a complete member, youll need at least 120 articles under your belt. Additionally, there are limitations on articles; for example length, original content, and more. .

From time to time, visit this site right here 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, does not include the number of articles you need to compose in order to earn the required membership amount on BitcoinTalk. .

One of the quickest, 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 low and sell it when the cost increases.

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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 how to conquer the many risks involved with trading. Successful traders know they might try this website get rid of money in the brief term but they consider it as an investment in their education, since they're aiming for the long run. .

If you want to become a trader be certain that you have sufficient time and capital to invest in good 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 get a commission if 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 promote that product or service.

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Naturally there are many ways that you can promote your affiliate link you can share it on Facebook, run ad campaigns on different websites or even set up your own information site and promote your links within your content.