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