LBRY Credits Profit Calculator or you can say LBRY Credits ROI Calculator is a simple tool to calculate how much profit you would have made if you had invested in LBRY Credits (LBC) in past. This helps you measure the return on investment (ROI) of LBRY Credits (LBC) .
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This LBRY Credits Profit Calculator uses a simple mathematical principal to calculate the ROI of LBRY Credits. It fetches the historical LBRY Credits price from the database and compares with current LBRY Credits Price and calculate the profit or loss made on it.
It does this simple calculation get the amount LBRY Credits you would have got by investing x$'s on that day ($x/price of LBRY Credits). Now it calculates the current price of that amount in USD (current LBRY Credits price * amount of LBRY Credits 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_LBC_price = Price of LBC in past date;
$quantity_LBC = Quantity of LBC in past = $amount invested / $price_on_that_day;
$price_LBC = Current price of LBC;
$USD_today = ($price_LBC * $quantity_LBC) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of LBRY Credits you can check it here: LBRY Credits Price Prediction. This predictions are based on various algorithms applied on the historical price of the LBRY Credits.
If you have any query regarding the above calculator you can comment it in comment box below.
