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