Yes, it is a trap for individual mind – that is, the mind that considers itself a separate and independent individual, a doer and enjoyer. After usually many years of seriously studying Advaita (emphasis on ‘seriously’) with full force and dedication, it may dawn on that mind that the belief described above was actually a trap and a lie. Realizing this, by a stroke of magic as it were (so one might think without straying much from the truth), BINGO! you are free… free from the mind’s doubts, fears, hopes, projections, and tribulations. You then realize that only universal consciousness (a.k.a awareness) is true, and that that is what You are —the quotidian mind has disappeared, become no-mind, that is, pure unalloyed consciousness.