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