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