I don't there would be much effect on the Liverpool squad, footballers are professional and when it comes to the sport they don't take emotion on the pitch and Liverpool have the funds to recruit or play other players that would give them the goals needed so they are very much okay for me I think it will even strengthen them to play more atleast to honor his past.
I agree with your opinion, even though Liverpool lost one of their players it does not affect their performance in the future because Liverpool still has enough time to recruit players to replace his role, life will go on losing someone we love is indeed very painful but over time it will quickly pass and instead this will be a reminder to them that death can come anytime and anywhere so as football players who play full of risks they must have understood whatever risk that will happen. Diogo Jota's death did leave a deep scar for the club because he was an important player but I'm sure Liverpool will not be too long in the slump.
Liverpool players are certainly very sad after losing Diogo Jota, in the short term it will certainly affect the team dynamics and Liverpool overall game strategy. But what is felt now will disappear as time goes by because they have to keep their heads up to achieve the team's goals. Liverpool will try to find an ideal replacement who can play in the position left by Jota, last season's success must be maintained as a tribute to him, so Liverpool players must continue to rise from this sadness so that they can maintain their best performance.