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