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