I like to figure skate. -- I do it.
I like figure skating. -- I do it or I watch it.
Figure skating is like dancing on ice. -- similarity
Ice sports, like skating, are my favorite. -- skating is an example of the catagory. This is commonly done, but in professional or academic writing, "such as" or "including" would be better.
"And I was like, 'get away from me! You are like so gross!'" -- American teenage slang that drives teachers like crazy.