Is crypto leverage trading worth the extra risk?

I keep seeing people use leverage when trading crypto, but I'm still trying to understand when it actually makes sense. I get that it lets you open a larger position with less capital, but the liquidation risk seems pretty serious too. For someone who's mostly used to spot trading, is there a good reason to start with leverage?

The biggest thing is understanding that leverage increases your exposure on both sides. Even a relatively small move against you can have a much bigger effect on your margin. This was a useful breakdown of crypto leverage trading, especially the parts about position sizing, margin, liquidation, and funding rates: https://evedex.com/en/blog/crypto-leverage-trading/. I'd definitely understand those mechanics before worrying about using higher leverage.