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