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