If most of your savings are in stocks, I really suggest at least partially liquidating your assets this week

Eventually, all stock market crashes recover. If you have adequate cash reserves to supplement a loss of work or business, then you are fine.

but if you don't have adequate reserves, then you'll be forced to liquidate your equity when recession gains steam and the stock market is very low.

Again, we want to buy low and sell high. If you need cash, you will not have that luxury to hold and sell at high since bills will need to be paid.

“No one can predict the bottom …”. Yes, I agree, but I think most people can see we are not at bottom. Recession is here and still coming. Quantitative tightening is coming. And lets not forget there will be a domino affect with over leveraged individualscompanies being exposed and getting bankrupted. Stocks prices will keep going down.

again, the the key to surviving a stock market crash is to have adequate reserves to pay those bills. Every individual is in their own unique situation so deciding how much needs to be liquidated to supplement a job loss or business loss needs to be thought out.