The given sentence is okay, provided that it fits the context in which it appears. )
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The given sentence is okay, provided that it fits the context in which it appears. For example, the following would be acceptable:
"The roller-coaster (that is: devil-may-care/burn-the-candle-at-both-ends) life might be exciting in the short-term, but over the long haul it would lead to dissipation and ruin." (The passage encourages you to shun the roller-coaster life.)