Great card and a great threat but not something you want to exclusively rely on to be refilling your life total
Jokulhaups is the only complete boardwipe in the deck, Wake of Destruction, Bend or Break, Thoughts of Ruin and Stone Rain give us a wide range of options to set the opponent back, or reset the game completely
Once you've generated an Army for free from your opponent's spells, attack with it, and you'll get to engage with the Ring - and if that wasn't enough, you can even discard your hand and get four fresh cards
Prince Imrahil the Fair Prince Imrahil the Fair is a low-cost commander which makes it easier to get it out early and consistently recast it
Red provides so many effects: draw/looting, rituals, removal, and more
It shouldnt be a tall task if your deck is built to chain a bunch of spells together