Gal 5:1-6

Galatians 5:1-6
King James Version (KJV)
5 Stand fast therefore in the liberty wherewith Christ hath made us free, and be not entangled again with the yoke of bondage.
2 Behold, I Paul say unto you, that if ye be circumcised, Christ shall profit you nothing.
3 For I testify again to every man that is circumcised, that he is a debtor to do the whole law.
4 Christ is become of no effect unto you, whosoever of you are justified by the law; ye are fallen from grace.
5 For we through the Spirit wait for the hope of righteousness by faith.
6 For in Jesus Christ neither circumcision availeth any thing, nor uncircumcision; but faith which worketh by love.

Galatians 5:1-6
Holman Christian Standard Bible (HCSB)
Freedom of the Christian
5 Christ has liberated us to be free. Stand firm then and don’t submit again to a yoke of slavery. 2 Take note! I, Paul, tell you that if you get yourselves circumcised, Christ will not benefit you at all. 3 Again I testify to every man who gets himself circumcised that he is obligated to keep the entire law. 4 You who are trying to be justified by the law are alienated from Christ; you have fallen from grace. 5 For through the Spirit, by faith, we eagerly wait for the hope of righteousness. 6 For in Christ Jesus neither circumcision nor uncircumcision accomplishes anything; what matters is faith working through love.
Holman Christian Standard Bible (HCSB)
Copyright © 1999, 2000, 2002, 2003, 2009 by Holman Bible Publishers, Nashville Tennessee. All rights reserved.

These are my thoughts, please share yours.
1 We are free thru Christ, if we accept this freedom. We no longer need to be slaves to sin or to our flesh like we were when we did not have Him as our Lord.
2 Circumsion was something that the Jews did to show their covenant with God. Our covenant as believers was shown on the cross and our acceptance of Him dyeing on the cross. If we still law by the law then grace is nothing because we are still bound to what He made us free from. He made us free from the law and from sin which is revealed thru the law.
3 To be under the Jewish covenant is to agree to keep the law of God. We as believers are not under the Jewish faith but under the Faith He gave us. We are not bound to the traditions as Gentiles. The Jewish Christians were teaching that the believers had to become Jewish before they could have salvation; this is not true of course.
4 Living up to the law is something one can boast about but, receiving Christ we boast of Him not of ourselves because we are not able to receive salvation on our own. Grace is something that keeps us in Christ’s presence even though we are sinners. Grace is Jesus dying on the cross for us.
5 The hope of righteousness is to see Him on His throne, to receive all the promises of the word. The Spirit carries us thru this life until our life sees Him face to face.
6 It is by faith we have salvation, not thru circumsion but by grace. Salvation is all that matters in the end.