If it's your first time trading and you don't have any prior knowledge about trading then probably you shouldn't start trading right now, you need to gather knowledge first and gain some experience by doing some practice trades that don't have any risk involved since there's no money involved.
Yes thats very much correct. It has been advised so many times here to new people that never invest straight away. Be patient and gather some knowledge before you can invest. Bitcointalk.org has great resources that can help you in understanding crypto trading. You can also post your queries here for instant replies by senior members.
Between OP seems to be a rich guy since he is doing fun on 1000$. Good luck.