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Wisdom of the Crowd

Enhance your trading strategies by incorporating collective market insights from the Kollit community.

1. Understanding Wisdom of the Crowd

How It Works

  • Smart Prediction Blending

    Your prediction is enhanced with community insights through a balanced approach:

    • 50% weight given to your personal analysis
    • 50% weight from verified community predictions
  • Privacy-First Design

    All community data is anonymized and aggregated before being incorporated into calculations

  • Real-Time Updates

    Crowd insights are automatically refreshed when creating new strategies from your prediction

Availability Requirements

  • Minimum Community Activity

    At least 10 active predictions must exist for your chosen asset

  • Quality Control

    Only currently active predictions from verified users are included in the analysis

2. Activating Wisdom of the Crowd

Step-by-Step Activation

  1. 1

    Begin Strategy Creation

    Start the process of creating a new strategy from your prediction

  2. 2

    Locate the Feature

    Find the Wisdom of Crowd option in the strategy creation form

    3. Feature Location
  3. 3

    Purchase and Activate

    Review and confirm the token payment to enable the feature

    4. Purchase Confirmation
  4. 4

    Verify Activation

    After purchase, enable the feature using the checkbox. You'll see the following indicator when active:

    5. Activation Indicator

Confirmation Badge

Once activated, your prediction card will display this indicator

Wisdom of the Crowd

Feature Badge

Important Considerations:

  • • Once purchased, the feature remains permanently attached to your prediction
  • • Extension costs include a 1x multiplier for predictions using this feature
  • • The feature can be temporarily disabled but not removed after purchase
  • • Strategy actions may occur at different price points due to crowd influence
  • • You maintain control through the ability to disable the feature if desired

3. Understanding the Benefits

Strategic Advantages

  • Enhanced Market Perspective

    Gain insights from a diverse group of traders analyzing the same asset

  • Reduced Bias

    Balance your personal analysis with collective market sentiment

  • Adaptive Strategies

    Benefit from automatically updated insights as market conditions change

Best Practices

  • Monitor Strategy Changes

    Review how crowd wisdom affects your strategy's recommended actions

  • Regular Strategy Updates

    Periodically recalculate your strategy to incorporate fresh crowd insights