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