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