so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
I don't think there are any bitcoin mutual funds, yet.
Buy and hold strategy with respect to Bitcoin is more popular, than investing it.
Yeah thats right its better to buy and hold until the price of bitcoin become high and you can sell it. Its better than to invest because in investing you have a chance to loss your coins but in buy and hold you can assure that your coins will not be loss.