Yeah using leverage to short or long bet is a fools game. People think it is easy to multiply your money with leverage. It isn't.
You will end up with many losses before getting a win, so in the end you are lucky just to break even with your short or long bet.

So you went through all that hassle and stress just to break even. What a big waste of time.
Leverage is deceptively attractive making people think they can 5x or 10x, even 50x their money.
What they may not realize is the exchange itself and other whales are actively placing bets against you.
Their goal is to liquidate you, and they usually succeed. Where do people think the money is coming
from to pay off a 50x, 100x winning short or long bet? It is highly manipulated. Money doesn't come that easy.

You have better chances by playing the roulette wheel in the casino. There are no shortcuts in life.
The only sure thing is buying bitcoin and holding for a long-term investment.