Passage
To whom coming, as unto a living stone, disallowed indeed of men, but chosen of God, and precious,
To whom coming, as unto a living stone, disallowed indeed of men, but chosen of God, and precious,
1 Peter 2:2 As newborn babes, desire the sincere milk of the word, that ye may grow thereby:
1 Peter 2:3 If so be ye have tasted that the Lord is gracious.
1 Peter 2:4 To whom coming, as unto a living stone, disallowed indeed of men, but chosen of God, and precious,
1 Peter 2:5 Ye also, as lively stones, are built up a spiritual house, an holy priesthood, to offer up spiritual sacrifices, acceptable to God by Jesus Christ.
1 Peter 2:6 Wherefore also it is contained in the scripture, Behold, I lay in Sion a chief corner stone, elect, precious: and he that believeth on him shall not be confounded.
The verse centers on "coming", "living", "stone", "disallowed", "indeed", "chosen", and "precious". It is saying that the verse draws attention to "coming" and "living", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 3's "If so be ye have tasted that..." into verse 5's "Ye also as lively stones are built...", so "coming" and "living" belong inside that flow. In 1 Peter context, the local focus is hope in suffering, holy conduct, submission, and grace.
A plain takeaway is to answer the verse's own emphasis on "coming" and "living" with trust shaped by these words, not by a vague optimism outside the passage.