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