Palace are currently 19th in the league with just one victory since their return to the top flight and Holloway said that scoring goals, and not defending, will be how his side recover.
"It's a wonderful opportunity for us to put right what's been going wrong," PA quotes Holloway as saying. "We have to be more attacking, it's who dares wins. That was the Blackpool approach, to be more daring. We've worked hard on that this week.
"We have players who can attack but they are coming back too far to defend, so we have to be a little bit braver and we are working on it.
"The proof is in the pudding, can we get at Liverpool? Can we take our chances, and will life look a little bit better afterwards?"
Palace were defeated 2-0 by Southampton last weekend.