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