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