How to put an image in the sidebar

UPDATE: For another better version of this post, go to Blogger Tips and Tricks - How to put images in the sidebarIf you want to load an image in the sidebar, you can't upload it the same way as if you are putting it in the content column using Blogger upload facility. You will first have to host the photo on the web, perhaps using the popular photobucket and get the url for the photo.