About Bitcoin Currency Trading

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 even make money from it easily. Im sorry to burst the bubblebut Bitcoin is just like any other currency on the market.

Even though cryptocurrencies in general may hold some new possibilities for generating income the fundamentals are the same youll need to invest cash, or money in order to make money.

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

One of the cheapest, easiest but also most time consuming ways to really earn Bitcoin is via micro earnings. This means that youll essentially be doing small tasks and earning fractions of a coin to get your time you spend.

Some of the more well-known micro earnings sites are Bitcoin taps websites that you repeatedly visit every few minutes in order to claim a tiny 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 ad 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 power for running your PC.

While participating as a tap user might not earn you a great deal of money, owning your own faucet is a whole different story. Today, you can construct a cryptocurrency faucet relatively readily and earn money from selling ads on your website.

At 99Bitcoins we've been running our own faucet for just about 3 years now. Depending on visit this website the advertisers youre using and the amount of visitors that you have you can make around $1000/month running a faucet.

But, running a faucet requires a reasonable amount of time and effort. Youll need to set up your own site, manage customers, prevent fraud and also 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. Simply put, you could use your BitcoinTalk signature to advertise a product and get paid for each post you write. The whole collection of campaigns can be seen on the discussion .

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Having a signature campaign You get paid according to your membership level on BitcoinTalk. Usually, anyone with see here a standing less than complete 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 articles; such as length, original content, and more. .

From time to time, theres also a minimum post requirement per week. From our experience you can make up to $5 an hour depending no how much you write and your membership level. This, clearly, does not include the number of posts 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. Fundamentally youre trying to get Bitcoin when its cost is low and sell it when the price increases.

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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 overcome the many dangers involved with trading. Successful traders know they might lose money in the short term but they consider it as an investment in their own education, since they are aiming for the long run. .

If you want to be a trader make sure you've got the time and funds 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 people who market a certain business for free but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, products and services 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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Of course there are many ways you can promote your affiliate link you can share it on Facebook, run advertising campaigns on different websites or even create your own information website and boost your links within your content.