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