How does Bismuth Profit Calculator Works?
This Bismuth Profit Calculator uses a simple mathematical principal to calculate the ROI of Bismuth. It fetches the historical Bismuth price from the database and compares with current Bismuth Price and calculate the profit or loss made on it.
It does this simple calculation get the amount Bismuth you would have got by investing x$'s on that day ($x/price of Bismuth). Now it calculates the current price of that amount in USD (current Bismuth price * amount of Bismuth purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_BIS_price = Price of BIS in past date;
$quantity_BIS = Quantity of BIS in past = $amount invested / $price_on_that_day;
$price_BIS = Current price of BIS;
$USD_today = ($price_BIS * $quantity_BIS) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of Bismuth you can check it here: Bismuth Price Prediction. This predictions are based on various algorithms applied on the historical price of the Bismuth.
If you have any query regarding the above calculator you can comment it in comment box below.