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