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