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