Holy Scriptures should be Valued More Than Gold or Silver

We must not be as those who take out a favorite few verses or even many verses to support individual viewpoints or doctrines. We must follow the entirety of the Word of God as our standard and rule. We must not try to only delve into deep mysteries and secret things in the Word of God but rather read and believe simply what is written and allow it be become real in our practical daily lives.

The Holy Scriptures are to be read constantly, memorized, treated as more important than gold and silver. We should esteem the Scriptures more than our daily food. God’s Words should be our delight and hope. May we follow the example of our dear underground Church brethren in different countries where they read the Scriptures for many hours daily.

To help with our practical response to this we have listed a reading schedule that goes through the entire Bible chronologically (Arranged in order of time of occurrence) in Appendix III of this book. Believers can commit to read a portion daily so that in 365 days the entire Scriptures can be read in context and in their fullness.

We believe this will dispel many doctrinal errors that have been held by some and allow us all to be more versed in the Holy Scriptures that are a light to our path in this earthly pilgrimage.

from: http://gospelfellowships.net/principles-book/

It is important not to "wrest the scriptures", also.

Many read the Bible and know it backwards and forwards but wrest it (twist it) to their own destruction.

What is more important than "putting in your time and reading" is having the Interpreter living inside you, and a desire to know the Lord of the Word and be submissive to Him.

Reading for hours is no guarantee of freedom from deception and how much someone reads daily is not to be a test of their degree of freedom from deception.

There are many more variables needed in the Christian life to remain free from deception.

I think a practical response would necessitate that we start with the condition of the heart rather than outward works.

Now, don't get me wrong, devouring the Bible is wonderful if certain other things are in place, first.

We must not be as those who take out a favorite few verses or even many verses to support individual viewpoints or doctrines. We must follow the entirety of the Word of God as our standard and rule. We must not try to only delve into deep mysteries and secret things in the Word of God but rather read and believe simply what is written and allow it be become real in our practical daily lives.

Yes brother as shared above if we do not allow the truths we learn to be practical and real in our own lives we can be decieved as you mentioned. As it says in James 1:

22 But be doers of the word, and not hearers only, deceiving yourselves.

Also to read the Scriptures often and as a whole will save many from looking at just a few verses or sections are more important than others. The Holy Spirit leads us into all truth thus into all the Scriptures not just parts of it which people use to twist the scriptures to say something else.