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