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