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