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