The Bitcoin Currency Trading Ideas

For some strange reason, people tend to think that since Bitcoin is a new form of currency, there is some magical way you can earn Bitcoins or even make money from it easily. Im sorry to burst this bubble, but Bitcoin is exactly like any other currency on the market.

While cryptocurrencies in general might 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.

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

One of the most affordable, easiest but also most time consuming ways to really earn Bitcoin is via micro earnings. This means that youll basically be doing little jobs and earning fractions of a coin for your period you spend.

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

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From our calculations, should 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 electricity for running your computer.

While participating as a faucet user might not earn you a great deal 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 site.

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 you have you can make around $1000/month running a tap.

But, running a faucet requires a reasonable amount of time and effort. Youll need to set up 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,  started running signature campaigns. Simply put, 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 discussion .

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Having a signature campaign You get paid according to your membership degree on BitcoinTalk. Typically, anyone using a status less than full member wont get paid that much, in the end. To become a full member, youll need at least 120 articles under your belt. Additionally, there are limitations on posts; for example length, original content, and much 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 just 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 mandatory membership amount on BitcoinTalk. .

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

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However, trading Bitcoin successfully is not a matter of luck from this source or guesswork. Experienced traders spend a substantial amount of time learning how to exchange and how to conquer the many dangers involved with trading. Successful traders know they may get rid of 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 sure you have sufficient time and funds to invest in good trading education.

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

Many Bitcoin exchanges, products and providers have 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 sites or even set up your own information website and boost your links within your content.