Hebrews 10:1 says this:
For since the law has but a shadow of the good things to come instead of the true form of these realities, it can never, by the same sacrifices that are continually offered every year, make perfect those who draw near.
This sets up the contrast between the Mosaic/Sinai Covenant and the New Covenant.
We can then read verses 19-39, which express that the readers were or had suffered persecution, which caused some to stop attempting to meet together (an interesting warning in light of todays covid restrictions). The next paragraph is a warning to church members to persevere in the faith. We see that those who do not persevere in the faith are those who were never of the faith. For those who were never of faith, it is a fearful thing on the day of judgment. Yet, the last verse of the chapter is a clear encouragement to the person whom God has gifted faith. We don't shrink back, we are not destroyed and we preserve our souls.
Therefore, brothers, since we have confidence to enter the holy places by the blood of Jesus, by the new and living way that he opened for us through the curtain, that is, through his flesh, and since we have a great priest over the house of God, let us draw near with a true heart in full assurance of faith, with our hearts sprinkled clean from an evil conscience and our bodies washed with pure water. Let us hold fast the confession of our hope without wavering, for he who promised is faithful. And let us consider how to stir up one another to love and good works, not neglecting to meet together, as is the habit of some, but encouraging one another, and all the more as you see the Day drawing near.
For if we go on sinning deliberately after receiving the knowledge of the truth, there no longer remains a sacrifice for sins, but a fearful expectation of judgment, and a fury of fire that will consume the adversaries. Anyone who has set aside the law of Moses dies without mercy on the evidence of two or three witnesses. How much worse punishment, do you think, will be deserved by the one who has trampled underfoot the Son of God, and has profaned the blood of the covenant by which he was sanctified, and has outraged the Spirit of grace? For we know him who said, "Vengeance is mine; I will repay." And again, "The Lord will judge his people." It is a fearful thing to fall into the hands of the living God.
But recall the former days when, after you were enlightened, you endured a hard struggle with sufferings, sometimes being publicly exposed to reproach and affliction, and sometimes being partners with those so treated. For you had compassion on those in prison, and you joyfully accepted the plundering of your property, since you knew that you yourselves had a better possession and an abiding one. Therefore do not throw away your confidence, which has a great reward. For you have need of endurance, so that when you have done the will of God you may receive what is promised. For,"Yet a little while,
and the coming one will come and will not delay; but my righteous one shall live by faith,
and if he shrinks back, my soul has no pleasure in him."
But we are not of those who shrink back and are destroyed, but of those who have faith and preserve their souls.
I thank the OP for bring up such a wonderful passage that solidifies the Perseverance of the Saints.
For since the law has but a shadow of the good things to come instead of the true form of these realities, it can never, by the same sacrifices that are continually offered every year, make perfect those who draw near.
This sets up the contrast between the Mosaic/Sinai Covenant and the New Covenant.
We can then read verses 19-39, which express that the readers were or had suffered persecution, which caused some to stop attempting to meet together (an interesting warning in light of todays covid restrictions). The next paragraph is a warning to church members to persevere in the faith. We see that those who do not persevere in the faith are those who were never of the faith. For those who were never of faith, it is a fearful thing on the day of judgment. Yet, the last verse of the chapter is a clear encouragement to the person whom God has gifted faith. We don't shrink back, we are not destroyed and we preserve our souls.
Therefore, brothers, since we have confidence to enter the holy places by the blood of Jesus, by the new and living way that he opened for us through the curtain, that is, through his flesh, and since we have a great priest over the house of God, let us draw near with a true heart in full assurance of faith, with our hearts sprinkled clean from an evil conscience and our bodies washed with pure water. Let us hold fast the confession of our hope without wavering, for he who promised is faithful. And let us consider how to stir up one another to love and good works, not neglecting to meet together, as is the habit of some, but encouraging one another, and all the more as you see the Day drawing near.
For if we go on sinning deliberately after receiving the knowledge of the truth, there no longer remains a sacrifice for sins, but a fearful expectation of judgment, and a fury of fire that will consume the adversaries. Anyone who has set aside the law of Moses dies without mercy on the evidence of two or three witnesses. How much worse punishment, do you think, will be deserved by the one who has trampled underfoot the Son of God, and has profaned the blood of the covenant by which he was sanctified, and has outraged the Spirit of grace? For we know him who said, "Vengeance is mine; I will repay." And again, "The Lord will judge his people." It is a fearful thing to fall into the hands of the living God.
But recall the former days when, after you were enlightened, you endured a hard struggle with sufferings, sometimes being publicly exposed to reproach and affliction, and sometimes being partners with those so treated. For you had compassion on those in prison, and you joyfully accepted the plundering of your property, since you knew that you yourselves had a better possession and an abiding one. Therefore do not throw away your confidence, which has a great reward. For you have need of endurance, so that when you have done the will of God you may receive what is promised. For,"Yet a little while,
and the coming one will come and will not delay; but my righteous one shall live by faith,
and if he shrinks back, my soul has no pleasure in him."
But we are not of those who shrink back and are destroyed, but of those who have faith and preserve their souls.
I thank the OP for bring up such a wonderful passage that solidifies the Perseverance of the Saints.