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