Here's an example of how the phrase "dancing with the devil" might be used:
_"Maria was warned about investing in that cryptocurrency scheme, but she couldn't resist the temptation of quick profits. She ended up losing all her savings and realized she had been 'dancing with the devil.'_"
In this example, Maria took a significant financial risk by investing in a potentially fraudulent cryptocurrency scheme. Despite the warnings she received, her desire for quick gains led her to "dance with the devil," ultimately resulting in negative consequences.