For one thing, the eternal life is conditioned on believing, not on performing a lot of good deeds. For another, when you believe, it says you "have" eternal life, not you "will get" eternal life at the end of the rainbow if you live a good enough life, but that you have it now. In other words, it's a present possession. It's also important to keep in mind, if you really could lose it, then it was never eternal in the first place.

When we make that decision to believe in, or to place our trust in Christ, at that moment we receive eternal life---no strings attached and no conditions.

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