Cryptonite Profit Calculator or you can say Cryptonite ROI Calculator is a simple tool to calculate how much profit you would have made if you had invested in Cryptonite (XCN) in past. This helps you measure the return on investment (ROI) of Cryptonite (XCN) .
If you are looking for mining calc check it here: Cryptonite Mining Calculator
This Cryptonite Profit Calculator uses a simple mathematical principal to calculate the ROI of Cryptonite. It fetches the historical Cryptonite price from the database and compares with current Cryptonite Price and calculate the profit or loss made on it.
It does this simple calculation get the amount Cryptonite you would have got by investing x$'s on that day ($x/price of Cryptonite). Now it calculates the current price of that amount in USD (current Cryptonite price * amount of Cryptonite 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_XCN_price = Price of XCN in past date;
$quantity_XCN = Quantity of XCN in past = $amount invested / $price_on_that_day;
$price_XCN = Current price of XCN;
$USD_today = ($price_XCN * $quantity_XCN) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of Cryptonite you can check it here: Cryptonite Price Prediction. This predictions are based on various algorithms applied on the historical price of the Cryptonite.
If you have any query regarding the above calculator you can comment it in comment box below.
