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