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