"God blesses the one who reads the words of this prophecy to the church, and he blesses all who listen to its message and obey what it says, for the time is near."
Revelation 1:3 NLT.
Understanding and applying the truths of the book of Revelations has been a challenge throughout church history. In entire periods spanning several decades, church elders elected to simply ignore it as they were reluctant to mislead the church. Our generation has to be different.
As we start studying this book, it will help to take out time to read the book of Daniel alongside as I believe understanding Daniel's prophecy is the key to understanding the book of Revelations. Daniel saw the beginning part of the prophecy, John is seeing the concluding part of it.
Studying the book of Revelation is part of what we refer to in Bible study as Eschatological studies. Eschatological is from the Greek word Eschatos which means Final or ending. Eschatology therefore means study focused on the ending.
The book of Revelation like Jesus says right from the start also focuses on the events that were taking place during John's time, which therefore means that the book of Revelation focuses on revealing the events from John's time and others that were soon to come.
In studying the book of Revelations, I personally make use of the dispensational style of interpretation. There are 4 recognized styles of interpreting the book of Revelation; contemporary-historical, continuous-historical, futurist and dispensational interpretation. As such, I acknowledge that using the other styles of interpretation, others might come to different conclusion, which is fine. The dispensational style of interpretation makes the most sense to me both for understanding and application.
Also, as the book of Revelations is a book of prophecy, I use the rule of thumb for interpretation that says; "when the words of the Bible cannot be understood literally, it is speaking figuratively." At such times, it is our duty to understand and interpret the figurative as if it is to be understood literally. A good example is found in verse 10 of chapter 1; "It was the Lord’s Day, and I was worshiping in the Spirit. Suddenly, I heard behind me a loud voice like a trumpet blast." Revelation 1:10 NLT. We take the verse literally until the literal does not make sense. In this verse, everything is fine and clear until John says the voice was like a trumpet blast. Obviously, this is figurative language. It is not saying Jesus is blowing a trumpet, but that his voice was as loud as a trumpet's. The book of Revelation makes use of figures of speech of this nature to communicate spiritual truth, it is our duty to find them out.
Lastly, I will say in studying the book of Revelations, we divide the book into 7 parts. Part 1 covers Jesus Christ appearance to John (Revelation 1). Part 2 covers the letter to the 7 churches of; Ephesus, Smyrna, Pergamum, Thyatira, Sardis, Philadelphia and Laodicea (Revelation 2-3). Part 3 is the tribulation broken into 2 parts; the tribulation and the Great tribulation. This period also herald the blowing of the 7 trumpets, breaking of the 7 seals and the pouring of 7 vials or bowls of judgements on the earth (Revelation 4-18). Part 4 cover the battle of Armageddon and the imprisonment of Satan (Revelation 19). Part 5 is the Thousand years reign or the Millennium kingdom of Christ (Revelation 20). Part 6 is the judgement where the White throne judgement will occur (Revelation 20). Part 7 covers the new heaven and earth, the only other period apart from Genesis chapters 1 and 2 where Sin is no more (Revelation 21-22).
My encouragement, be open to learn and let's see where the Spirit takes us with this study. Thank you Jesus for giving us these words of prophecy as a guiding light during this close of the Church age.