Bitcoin calculator – Every investor wants to have a firsthand cue of what his/her investment yield would look like in the first instance, driving profit is the oil that lubricates the mindset of a rootless investor, without which the seed fund should as well chill off in a savings account.
Sequel to this, the viability of cryptocurrency cannot be underscored, investors seek to project and forecast yield as well look into the past for opportunity not taken to further determine the extent of fund outlay.
On this premise, crypto investors found a child of necessity in developing a “Bitcoin calculator,” which does not only make transaction analysis easier, but helps keep a tab on profit projection to further decide extent and rate of investment.
Read also: Beginner’s guide to Bitcoin investment in Nigeria
With bitcoin calculator, the stress of meddling with figures, numbers is defeated already in grand style, it’s an invention that will always solve the problem of mankind.
What is Bitcoin calculator?
According to coindesk, bitcoin calculator is a tool that allows you to convert any amount to bitcoin or from bitcoin up to six decimal places to your preferred currency.
It however noted that the conversion rate is based on live coin bitcoin price index.
Bitcoin investment calculator
While you understand the concept of bitcoin calculator, it becomes pertinent to be acquainted with bitcoin investment calculator too as they compliment.
A bitcoin investment calculator is that which aids the investors to calculate the extent at which profit or loss could occur in a given trade.
It is not difficult to observe that since the advent of bitcoin, the cryptocurrency market has continued to attract investors in their numbers, who seek to make profit.
Consequently, profit has been so made that bitcoin is now the latest bride, even in the face of the world novel pandemic.
Bitcoin profit calculator
Investment is all about profit, looking at how successful bitcoin is today, one could easily start reminiscing the fact that he/she couldn’t venture into bitcoin investment early enough.
Assuming you invested $100 USD in 2010, by November 2020, your investment would had returned $28,314,604.10 (Twenty eight million, three hundred and fourteen thousand, six hundred and four dollar ten cent).
Isn’t this head spinning? Sure it is, there’s no joke attached.
Investment in bitcoin has made so many millionaires in the last ten or less years.
Now, a bitcoin profit calculator happens to be just like the normal or conventional calculators, but in this case, a tool that that enables you calculate how much bitcoin you would have made/earned if you’d invested your money in bitcoin earlier, this is an opportunity a good number of investors wish they had years back.
Read also: Beginner’s guide to Bitcoin wallet in Nigeria
This calculator works in the form that it has a column where you will input an amount you wish you had invested on a particular date.
Consequently, it will bring up the possible profit or losses you should have incurred at that time and lifespan of the investment. Built in the calculator is the historic trends of bitcoin overtime, this is why you are able to retrieve value according to performance during the period under trade or review.
Bitcoin investment calculator app
Want to start using this calculator to track a supposed previous would have been investment yield in (BTC)? Download and start using the app Here.
Bitcoin to USD converter
Bitcoin converter usually converts bitcoin into any world currency that ever existed, why you need this converter is to ascertain how much you will need to invest or expect from bitcoin at a given time, usually in your local currency.
This app for instance say you’d want to invest $100 into bitcoin, with the aid of the converter, you can ascertain the unit of bitcoin you’re getting by investing such amount.
Additionally, say you have certain units of bitcoin in your wallet, you can only determine the fiat value of your bitcoin holding with the aid of a converter.
It then stands that in (BTC) trading, the bitcoin converter remains a veritable tool, which aids you to make informed currency and monetary value decision.
As at the time of writing this guide, 1 BTC = $15, 445.53
Want to use a bitcoin converter? Get one here at once.
How much is $100 in bitcoin?
As at the time of writing this guide, 1 BTC = $15, 445.53
Bitcoin conversion to naira
As at the time of writing this guide, 1 BTC = N5,870,365.45
Conclusion
It now becomes indisputable that bitcoin calculator is a veritable tool in bitcoin trading, every dedicated trader should have one handy at every point for sound and informed decision making in terms of investment recoup and fund outlay
