But these will only test your faith, which is more valuable than gold which, though refined by fire, eventually perishes. Your faith, [however], will [endure and eventually] prove to be praiseworthy and honorable when Jesus returns.

So, gather your thoughts together for action, take control of yourselves and focus your hope completely on God's unearned favor, which will be brought to you by Jesus Christ when He returns.

As obedient children, do not pattern your lives after the evil desires you formerly had when you were ignorant,

When He was spoken to with harsh insults, He did not reply in the same way. When He was made to suffer, He did not threaten [His tormentors], but instead entrusted Himself to God, [whom He knew] would make a righteous judgment [in the matter].

Jesus took upon Himself our sins [when] His body was placed upon the cross so that we, [through] dying to [i.e., giving up] the sinful life, would live for righteousness. You were healed [from your sins] by His being brutally treated.

These people had disobeyed [Noah's preaching, See II Pet. 2:5] back when God's patience waited [for them to repent, See Gen. 6:3], during the days of Noah, when the ship was being constructed. It was by that means [i.e., the ship floating them to safety through the Flood waters] that a few persons, eight of them, were saved [from destruction] through water.

You should rejoice that you are sharing some of what Christ has suffered, so that you will get to rejoice all the more when He returns in His splendor.

And when the Supreme Shepherd [i.e., Jesus] comes back, you will receive [for your effort] a glorious crown [of reward] that will never fade away [Note: The idea of "fading away" is suggested by the laurel wreath bestowed on the winner of an athletic contest].