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