Beware of "Imperial Iron Wall"; it prevents this card from banishing itself from the Graveyard, which is essential to Special Summon a "Red-Eyes" monster.
You can use "Hand Destruction" to send this card and "Red-Eyes Darkness Metal Dragon" from your hand to the Graveyard, and assuming that you don't Normal Summon/Set anything during that turn, you can bring back the discarded "Red-Eyes Darkness Metal Dragon".
After a "Red-Eyes card" is destroyed, you can use "Foolish Burial" to bring this card to the Graveyard and at your End Phase, Special Summon the lost "Red-Eyes".
Use "Dragon Shrine" to send "Red-Eyes B. Dragon" to the Graveyard and then "Red-Eyes Wyvern" to the Graveyard. The effect of "Red-Eyes Wyvern" will then allow you to Summon "Red-Eyes B. Dragon" in your End Phase.
Keep in mind that you can not Normal Summon/Set a monster, but you can still Special Summon multiple monsters on the turn that you want to use this monster's effect.