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