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