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