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