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