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