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